Nomad Foods
NOMD
#3685
Rank
โ‚ฌ2.69 B
Marketcap
16,77ย โ‚ฌ
Share price
2.87%
Change (1 day)
13.03%
Change (1 year)
Categories

P/E ratio for Nomad Foods (NOMD)

P/E ratio as of November 2024 (TTM): 13.9

According to Nomad Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8637. At the end of 2022 the company had a P/E ratio of 11.5.

P/E ratio history for Nomad Foods from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.5-45.84%
202121.313.02%
202018.9-24.52%
201925.073.43%
201814.4-25.08%
201719.2-54.16%
201642.0-2714.14%
2015-1.60

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.9 0.00%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.