nib holdings limited
NHF.AX
#4544
Rank
ยฃ1.39 B
Marketcap
ยฃ2.88
Share price
-1.24%
Change (1 day)
-26.55%
Change (1 year)

P/E ratio for nib holdings limited (NHF.AX)

P/E ratio at the end of 2023: 21.0

According to nib holdings limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6408. At the end of 2023 the company had a P/E ratio of 21.0.

P/E ratio history for nib holdings limited from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202321.0-12.59%
202224.051.27%
202115.9-28.6%
202022.21.21%
201922.026.6%
201817.4-4.12%
201718.14.28%
201617.47.55%
201516.118.26%
201413.737.21%
20139.9552.99%
20126.500.33%
20116.48-18.29%
20107.93-48.49%
200915.4-96.27%
2008413

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.