Nordic Entertainment Group (NENT Group)
NENT-B.ST
#3888
Rank
$2.34 B
Marketcap
$30.33
Share price
-4.25%
Change (1 day)
-47.00%
Change (1 year)

P/E ratio for Nordic Entertainment Group (NENT Group) (NENT-B.ST)

P/E ratio at the end of 2021: 94.9

According to Nordic Entertainment Group (NENT Group)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 64.8676. At the end of 2021 the company had a P/E ratio of 94.9.

P/E ratio history for Nordic Entertainment Group (NENT Group) from 2019 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202194.9783.41%
202010.7-64.86%
201930.6

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.