P/E ratio for Nürnberger Versicherung (NBG6.F)
P/E ratio at the end of 2022: 11.6
According to Nürnberger Versicherung 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9323. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for Nürnberger Versicherung from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | -7.97% |
| 2021 | 12.6 | 46.53% |
| 2020 | 8.59 | -16.49% |
| 2019 | 10.3 | -8.95% |
| 2018 | 11.3 | 56.6% |
| 2017 | 7.22 | -33.76% |
| 2016 | 10.9 | -28.49% |
| 2015 | 15.2 | 144.72% |
| 2014 | 6.23 | -13.74% |
| 2013 | 7.22 | 13.33% |
| 2012 | 6.37 | 1.02% |
| 2011 | 6.30 | -56.45% |
| 2010 | 14.5 | 22.15% |
| 2009 | 11.9 | -18.6% |
| 2008 | 14.6 | 74.82% |
| 2007 | 8.33 |
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.