According to Nordic Semiconductor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.443. At the end of 2022 the company had a P/E ratio of 26.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 26.2 | -71.31% |
2021 | 91.4 | 13.54% |
2020 | 80.5 | -49.04% |
2019 | 158 | 119.52% |
2018 | 72.0 | -43.82% |
2017 | 128 | 26% |
2016 | 102 | -224558.01% |
2015 | -0.0453 | -100.07% |
2014 | 64.3 | -15.48% |
2013 | 76.1 | 191.73% |
2012 | 26.1 | 21.94% |
2011 | 21.4 | -19.02% |
2010 | 26.4 | -53.49% |
2009 | 56.8 |
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.