Nรผrnberger Versicherung
NBG6.F
#4604
Rank
$0.89 B
Marketcap
$77.03
Share price
0.00%
Change (1 day)
-17.09%
Change (1 year)

P/E ratio for Nรผrnberger Versicherung (NBG6.F)

P/E ratio at the end of 2020: 8.59

According to Nรผrnberger Versicherung 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.32467. At the end of 2020 the company had a P/E ratio of 8.59.

P/E ratio history for Nรผrnberger Versicherung from 2007 to 2020

PE ratio at the end of each year

Year P/E ratio Change
20208.59-16.49%
201910.3-8.95%
201811.356.6%
20177.22-33.76%
201610.99.52%
20159.9559.78%
20146.23-13.74%
20137.2212.54%
20126.411.73%
20116.30-50.76%
201012.821.96%
200910.5-27.9%
200814.674.82%
20078.33

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.