P/E ratio for Northland Power (NPI.TO)
P/E ratio as of April 2024 (TTM): 12.1
According to Northland Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1279. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Northland Power from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -75.75% |
| 2021 | 44.1 | 81.65% |
| 2020 | 24.3 | 52.72% |
| 2019 | 15.9 | 9.95% |
| 2018 | 14.5 | -46.72% |
| 2017 | 27.2 | -25.42% |
| 2016 | 36.4 | -115.61% |
| 2015 | -233 | 1135.66% |
| 2014 | -18.9 | -232.92% |
| 2013 | 14.2 | -112.93% |
| 2012 | -110 | 265.37% |
| 2011 | -30.1 | 454.71% |
| 2010 | -5.42 | -122.85% |
| 2009 | 23.7 | 112.57% |
| 2008 | 11.2 | -139.74% |
| 2007 | -28.1 | -228.24% |
| 2006 | 21.9 | 33.94% |
| 2005 | 16.3 | -34.14% |
| 2004 | 24.8 | 8.76% |
| 2003 | 22.8 |
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.