NEXTDC
NXT.AX
#2744
Rank
S$8.01 B
Marketcap
S$12.50
Share price
-0.64%
Change (1 day)
1.77%
Change (1 year)

P/E ratio for NEXTDC (NXT.AX)

P/E ratio at the end of 2024: -223

According to NEXTDC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -177.251. At the end of 2024 the company had a P/E ratio of -223.

P/E ratio history for NEXTDC from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-223-7.88%
2023-242-143.54%
2022556-325.75%
2021-246207.34%
2020-80.1-65.77%
2019-234-171.96%
2018325533.93%
201751.3-87.64%
2016415-1071.94%
2015-42.7296.73%
2014-10.8-93.32%
2013-161841.21%
2012-17.1-47.54%
2011-32.7

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.