Nordstrom
JWN
#3376
Rank
$3.11 B
Marketcap
$19.06
Share price
-3.74%
Change (1 day)
16.65%
Change (1 year)

P/E ratio for Nordstrom (JWN)

P/E ratio as of April 2024 (TTM): 99.0

According to Nordstrom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 99. At the end of 2022 the company had a P/E ratio of 7.91.

P/E ratio history for Nordstrom from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.91-97.9%
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%
201216.00.86%
201115.9-5.19%
201016.8-30.46%
200924.1341.62%
20085.45-56.63%
200712.6-38.56%
200620.5-0.1%
200520.512.27%
200418.3-22.51%
200323.6-24.59%
200231.215.81%
200127.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-23.2-123.45%๐Ÿ‡บ๐Ÿ‡ธ USA
29.5-70.24%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8-71.92%๐Ÿ‡บ๐Ÿ‡ธ USA
7.22-92.71%๐Ÿ‡บ๐Ÿ‡ธ USA
7.83-92.09%๐Ÿ‡บ๐Ÿ‡ธ USA
8.84-91.07%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.