O.Y. Nofar Energy
NOFR.TA
#5797
Rank
NZ$1.52 B
Marketcap
$42.86
Share price
-1.90%
Change (1 day)
1.88%
Change (1 year)

P/E ratio for O.Y. Nofar Energy (NOFR.TA)

P/E ratio as of December 2024 (TTM): -50.8

According to O.Y. Nofar Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -50.7986. At the end of 2023 the company had a P/E ratio of N/A.

P/E ratio history for O.Y. Nofar Energy from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023N/A
2022N/A
2021N/A
2020N/A

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.