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 |
|---|---|---|
| 2021 | 377 | -4170.78% |
| 2020 | -9.26 | -178.29% |
| 2019 | 11.8 | -29.19% |
| 2018 | 16.7 | 1.9% |
| 2017 | 16.4 | -35.35% |
| 2016 | 25.4 | 81.25% |
| 2015 | 14.0 | -32.32% |
| 2014 | 20.7 | 27.46% |
| 2013 | 16.2 | 1.26% |
| 2012 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kohl's
KSS | 7.72 | -30.45% | 🇺🇸 USA |
 Ross Stores ROST | 27.7 | 148.97% | 🇺🇸 USA |
 TJX Companies TJX | 27.6 | 148.23% | 🇺🇸 USA |
 Macy's
M | 4.50 | -59.49% | 🇺🇸 USA |
 Buckle
BKE | 8.35 | -24.82% | 🇺🇸 USA |
 Dillard's
DDS | 7.87 | -29.13% | 🇺🇸 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.