According to NH Hotel Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.9064. At the end of 2019 the company had a P/E ratio of 20.4.
Year | P/E ratio | Change |
---|---|---|
2019 | 20.4 | 34.8% |
2018 | 15.2 | -73.71% |
2017 | 57.6 | 27.25% |
2016 | 45.3 | -110.56% |
2015 | -429 | 927.78% |
2014 | -41.7 | -29.79% |
2013 | -59.4 | 2631.29% |
2012 | -2.18 |
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.