Nilörngruppen
NIL-B.ST
#9093
Rank
S$93.13 M
Marketcap
$8.17
Share price
1.21%
Change (1 day)
0.11%
Change (1 year)
Categories

P/E ratio for Nilörngruppen (NIL-B.ST)

P/E ratio as of November 2024 (TTM): 12.8

According to Nilörngruppen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7646. At the end of 2023 the company had a P/E ratio of 17.4.

P/E ratio history for Nilörngruppen from 2015 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202317.483.44%
20229.48-11.75%
202110.7-21.63%
202013.7-17.64%
201916.647.41%
201811.3-16.69%
201713.6-14.06%
201615.838.3%
201511.4

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.