The NAGA Group
N4G.DE
#8327
Rank
A$0.27 B
Marketcap
$1.20
Share price
0.84%
Change (1 day)
-33.61%
Change (1 year)

P/E ratio for The NAGA Group (N4G.DE)

P/E ratio at the end of 2023: -0.8566

According to The NAGA Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.600815. At the end of 2023 the company had a P/E ratio of -0.8566.

P/E ratio history for The NAGA Group from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-0.8566-34.37%
2022-1.31-95.56%
2021-29.4-91.06%
2020-32819911.23%
2019-1.64-90.19%
2018-16.7-79.28%
2017-80.8

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.