Nanosonics Limited
NAN.AX
#6218
Rank
ยฃ0.51 B
Marketcap
ยฃ1.71
Share price
1.52%
Change (1 day)
-19.90%
Change (1 year)

P/E ratio for Nanosonics Limited (NAN.AX)

P/E ratio at the end of 2023: 108

According to Nanosonics Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.5055. At the end of 2023 the company had a P/E ratio of 108.

P/E ratio history for Nanosonics Limited from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023108-72.99%
202240145.74%
2021275-5.63%
202029163.59%
2019178-19.86%
2018222475.42%
201738.6-99.46%
2016> 1000-6874.23%
2015-10628.24%
2014-82.8164.36%
2013-31.324.62%
2012-25.180.44%
2011-13.9-14.55%
2010-16.346.06%
2009-11.297.86%
2008-5.64-68.15%
2007-17.7

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.