According to Nordstrom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3168. At the end of 2023 the company had a P/E ratio of 24.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 24.9 | 215.13% |
2022 | 7.91 | -97.9% |
2021 | 377 | -4170.78% |
2020 | -9.26 | -178.29% |
2019 | 11.8 | -29.19% |
2018 | 16.7 | 1.9% |
2017 | 16.4 | -35.35% |
2016 | 25.4 | 81.25% |
2015 | 14.0 | -32.32% |
2014 | 20.7 | 27.46% |
2013 | 16.2 | 1.26% |
2012 | 16.0 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Ross Stores ROST | 23.3 | 52.22% | ๐บ๐ธ USA |
![]() Buckle
BKE | 16.3 | 6.16% | ๐บ๐ธ USA |
![]() Macy's
M | 6.83 | -55.44% | ๐บ๐ธ USA |
![]() Kohl's
KSS | 11.8 | -23.15% | ๐บ๐ธ USA |
![]() Dillard's
DDS | 15.2 | -0.88% | ๐บ๐ธ USA |
![]() TJX Companies TJX | 29.2 | 90.65% | ๐บ๐ธ USA |
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.