P/E ratio for NTG Nordic Transport Group A/S (NTG.CO)
P/E ratio as of May 2024 (TTM): 14.6
According to NTG Nordic Transport Group A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5901. At the end of 2023 the company had a P/E ratio of 16.9.
P/E ratio history for NTG Nordic Transport Group A/S from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 16.9 | 54.23% |
| 2022 | 11.0 | -67.91% |
| 2021 | 34.1 | -25.18% |
| 2020 | 45.6 | -132.52% |
| 2019 | -140 | -572.55% |
| 2018 | 29.7 | -325.69% |
| 2017 | -13.2 | -506.49% |
| 2016 | 3.24 | -129.66% |
| 2015 | -10.9 | 34.83% |
| 2014 | -8.09 | -230.54% |
| 2013 | 6.20 | -1945.2% |
| 2012 | -0.3360 | -47.55% |
| 2011 | -0.6406 | -92.88% |
| 2010 | -9.00 | 91.49% |
| 2009 | -4.70 | -0.48% |
| 2008 | -4.72 | -69.53% |
| 2007 | -15.5 | 16.48% |
| 2006 | -13.3 | -100.54% |
| 2005 | > 1000 | -548.3% |
| 2004 | -547 | -578.6% |
| 2003 | 114 | -1456.7% |
| 2002 | -8.42 |
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.