Nordstrom
JWN
#2918
Rank
$3.62 B
Marketcap
$22.66
Share price
-5.35%
Change (1 day)
-1.56%
Change (1 year)

P/E ratio for Nordstrom (JWN)

P/E ratio as of February 2023 (TTM): 11.1

According to Nordstrom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1078. At the end of 2021 the company had a P/E ratio of 377.

P/E ratio history for Nordstrom from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021377-4170.78%
2020-9.26-178.29%
201911.8-29.19%
201816.71.9%
201716.4-35.35%
201625.481.25%
201514.0-32.32%
201420.727.46%
201316.21.26%
201216.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.72-30.45%๐Ÿ‡บ๐Ÿ‡ธ USA
27.7 148.97%๐Ÿ‡บ๐Ÿ‡ธ USA
27.6 148.23%๐Ÿ‡บ๐Ÿ‡ธ USA
4.50-59.49%๐Ÿ‡บ๐Ÿ‡ธ USA
8.35-24.82%๐Ÿ‡บ๐Ÿ‡ธ USA
7.87-29.13%๐Ÿ‡บ๐Ÿ‡ธ USA

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.