NEXTDC
NXT.AX
#2244
Rank
S$9.20 B
Marketcap
$14.36
Share price
-0.85%
Change (1 day)
27.51%
Change (1 year)

P/E ratio for NEXTDC (NXT.AX)

P/E ratio at the end of 2022: 508

According to NEXTDC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 776.664. At the end of 2022 the company had a P/E ratio of 508.

P/E ratio history for NEXTDC from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022508-326.78%
2021-224205.35%
2020-73.4-65.62%
2019-213-171.91%
2018297534.92%
201746.7-87.62%
2016378-1066.56%
2015-39.1297.3%
2014-9.83-93.31%
2013-147840.91%
2012-15.6-47.65%
2011-29.9

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.