Novolipetsk Steel
NLMK.ME
#1996
Rank
S$10.70 B
Marketcap
$1.57
Share price
-0.64%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Novolipetsk Steel (NLMK.ME)

P/E ratio as of December 2024 (TTM): 1.38

According to Novolipetsk Steel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.3805. At the end of 2020 the company had a P/E ratio of 13.6.

P/E ratio history for Novolipetsk Steel from 2012 to 2021

201320162019202220406080companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202013.630.56%
201910.471.67%
20186.05-42.87%
201710.6-11.99%
201612.0126.98%
20155.30-43.86%
20149.44-86.41%
201369.5243.51%
201220.2

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.