P/E ratio for Novabase (NBA.LS)
P/E ratio as of April 2025 (TTM): 88.4
According to Novabase's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 88.3966. At the end of 2023 the company had a P/E ratio of 3.05.
P/E ratio history for Novabase from 2010 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 3.05 | -79.17% |
| 2022 | 14.6 | -21.57% |
| 2021 | 18.6 | 40.7% |
| 2020 | 13.2 | 237.64% |
| 2019 | 3.92 | -71.43% |
| 2018 | 13.7 | -32.44% |
| 2017 | 20.3 | 153.06% |
| 2016 | 8.03 | -10.38% |
| 2015 | 8.96 | -59.26% |
| 2014 | 22.0 | 87.9% |
| 2013 | 11.7 | 32.93% |
| 2012 | 8.81 | -62.07% |
| 2011 | 23.2 | 250.37% |
| 2010 | 6.63 | -34.18% |
| 2009 | 10.1 | -88.93% |
| 2008 | 91.0 | 542.02% |
| 2007 | 14.2 | -56.19% |
| 2006 | 32.4 | 8959.35% |
| 2005 | 0.3571 | -13.59% |
| 2004 | 0.4133 |
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.