National Australia Bank
NAB.AX
#291
Rank
โ‚ฌ61.69 B
Marketcap
20,07ย โ‚ฌ
Share price
0.64%
Change (1 day)
-4.58%
Change (1 year)

P/E ratio for National Australia Bank (NAB.AX)

P/E ratio at the end of 2021: 12.3

According to National Australia Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7352. At the end of 2021 the company had a P/E ratio of 12.3.

P/E ratio history for National Australia Bank from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202112.3-36.23%
202019.318.32%
201916.337.28%
201811.9-7.96%
201712.9-95.08%
20162622533.24%
20159.95-0.39%
20149.991.14%
20139.8716.4%
20128.4842.63%
20115.95-29.19%
20108.40-51.34%
200917.3132.01%
20087.44-25.42%
20079.97-11.43%
200611.3-10.6%
200512.6-0.09%
200412.611.02%
200311.4-25.31%
200215.2-25.78%
200120.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.8-31.34%๐Ÿ‡ฆ๐Ÿ‡บ Australia
N/AN/A๐Ÿ‡ฆ๐Ÿ‡บ Australia

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.