Norma Group
NOEJ.F
#5040
Rank
$0.59 B
Marketcap
$18.61
Share price
-0.27%
Change (1 day)
-64.51%
Change (1 year)

P/E ratio for Norma Group (NOEJ.F)

P/E ratio as of August 2022 (TTM): 8.77

According to Norma Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.77065. At the end of 2021 the company had a P/E ratio of 19.3.

P/E ratio history for Norma Group from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202119.3-91.61%
20202301000.55%
201920.935.15%
201815.54.1%
201714.9-12.11%
201616.9-24.18%
201522.3-1.81%
201422.79.23%
201320.876.97%
201211.8-12.06%
201113.4

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.