NatWest Group
NWG
#476
Rank
C$61.09 B
Marketcap
$14.68
Share price
0.49%
Change (1 day)
98.05%
Change (1 year)

P/E ratio for NatWest Group (NWG)

P/E ratio as of December 2024 (TTM): 8.97

According to NatWest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.96778. At the end of 2022 the company had a P/E ratio of 7.78.

P/E ratio history for NatWest Group from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.78-11.3%
20218.77-129.91%
2020-29.3-407.67%
20199.53-37.49%
201815.3-68.24%
201748.0-1420.4%
2016-3.64-79.77%
2015-18.033.71%
2014-13.4212.96%
2013-4.30-29.64%
2012-6.11-2.6%
2011-6.27-91.71%
2010-75.61608.35%
2009-4.431140.05%
2008-0.3571

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.2 92.15%๐Ÿ‡บ๐Ÿ‡ธ USA
14.3 59.55%๐Ÿ‡บ๐Ÿ‡ธ USA

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.