NICE
NICE
#1525
Rank
NZ$19.39 B
Marketcap
$308.49
Share price
5.72%
Change (1 day)
8.00%
Change (1 year)

P/E ratio for NICE (NICE)

P/E ratio as of November 2024 (TTM): 38.6

According to NICE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.6063. At the end of 2022 the company had a P/E ratio of 46.1.

P/E ratio history for NICE from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202246.1-52%
202196.16.06%
202090.674.58%
201951.924.68%
201841.66.87%
201738.911.58%
201634.9164.27%
201513.2-54.63%
201429.1-35.33%
201345.050.57%
201229.9-21.04%
201137.9-15.39%
201044.70.9%
200944.328.27%
200834.6-30.5%
200749.7-25.67%
200666.9207.06%
200521.8-3.19%
200422.5-60.93%
200357.6-1860.53%
2002-3.27-27.81%
2001-4.53

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-240-721.92%๐Ÿ‡บ๐Ÿ‡ธ USA
-179-564.79%๐Ÿ‡บ๐Ÿ‡ธ USA
28.0-27.36%๐Ÿ‡บ๐Ÿ‡ธ USA
130 237.52%๐Ÿ‡บ๐Ÿ‡ธ USA
74.0 91.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.01-102.61%๐Ÿ‡บ๐Ÿ‡ธ USA

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.