P/E ratio for Nextensa (NEXTA.BR)
P/E ratio at the end of 2023: 19.4
According to Nextensa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2237. At the end of 2023 the company had a P/E ratio of 19.4.
P/E ratio history for Nextensa from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 19.4 | 165.47% |
| 2022 | 7.31 | -32.84% |
| 2021 | 10.9 | -78.79% |
| 2020 | 51.3 | 295.7% |
| 2019 | 13.0 | 15.3% |
| 2018 | 11.3 | 28.18% |
| 2017 | 8.78 | -51.79% |
| 2016 | 18.2 | 19.6% |
| 2015 | 15.2 | 21.35% |
| 2014 | 12.5 | 18.59% |
| 2013 | 10.6 | -4.89% |
| 2012 | 11.1 | -35.48% |
| 2011 | 17.2 | 17.55% |
| 2010 | 14.7 | 52.57% |
| 2009 | 9.61 | 42% |
| 2008 | 6.77 | 25.14% |
| 2007 | 5.41 | -48.86% |
| 2006 | 10.6 | -24.4% |
| 2005 | 14.0 | -100.11% |
| 2004 | < -1000 |
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.