P/E ratio for Nucleus Software Exports (NUCLEUS.NS)
P/E ratio as of April 2024 (TTM): 22.0
According to Nucleus Software Exports's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0104. At the end of 2022 the company had a P/E ratio of 13.3.
P/E ratio history for Nucleus Software Exports from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.3 | -59.17% |
| 2021 | 32.5 | 110.75% |
| 2020 | 15.4 | 46.18% |
| 2019 | 10.6 | -28.15% |
| 2018 | 14.7 | -39.26% |
| 2017 | 24.2 | 74.76% |
| 2016 | 13.9 | -35.44% |
| 2015 | 21.5 | 126% |
| 2014 | 9.49 | 17.34% |
| 2013 | 8.09 | 56.34% |
| 2012 | 5.17 |
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.