P/E ratio for Norwegian Cruise Line (NCLH)
P/E ratio as of May 2024 (TTM): -30.6
According to Norwegian Cruise Line 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.5882. At the end of 2022 the company had a P/E ratio of -2.26.
P/E ratio history for Norwegian Cruise Line from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.26 | 35.27% |
| 2021 | -1.67 | 10.5% |
| 2020 | -1.51 | -111.2% |
| 2019 | 13.5 | 36.84% |
| 2018 | 9.88 | -38.21% |
| 2017 | 16.0 | 4.9% |
| 2016 | 15.2 | -51.1% |
| 2015 | 31.2 | 10.66% |
| 2014 | 28.2 | -61.09% |
| 2013 | 72.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Caribbean RCL | 39.6 | -229.30% | 🇺🇸 USA |
 Carnival Corporation CCL | -10.9 | -64.22% | 🇺🇸 USA |
 SEACOR Holdings CKH | N/A | N/A | 🇺🇸 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.