NortonLifeLock
NLOK
#1243
Rank
$14.41 B
Marketcap
$21.66
Share price
-2.26%
Change (1 day)
-14.05%
Change (1 year)
NortonLifeLock Inc. is an American company that develops security software for private users.

P/E ratio for NortonLifeLock (NLOK)

P/E ratio as of March 2024 (TTM): 15.6

According to NortonLifeLock 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5827. At the end of 2021 the company had a P/E ratio of 16.7.

P/E ratio history for NortonLifeLock from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202116.7-19.86%
202020.8383.67%
20194.30-101.59%
2018-270-1735.35%
201716.5121.78%
20167.44-67.4%
201522.817.44%
201419.43.03%
201318.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.