Nanosonics Limited
NAN.AX
#5790
Rank
HK$6.09 B
Marketcap
HK$20.06
Share price
-7.33%
Change (1 day)
38.49%
Change (1 year)

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

P/E ratio at the end of 2023: 65.5

According to Nanosonics Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 64.1653. At the end of 2023 the company had a P/E ratio of 65.5.

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

PE ratio at the end of each year

Year P/E ratio Change
202365.5-72.99%
202224245.74%
2021166-5.63%
202017663.59%
2019108-19.86%
2018134475.42%
201723.4-99.46%
2016> 1000-6874.23%
2015-64.228.24%
2014-50.1164.36%
2013-18.924.62%
2012-15.280.44%
2011-8.42-14.55%
2010-9.8646.06%
2009-6.7597.86%
2008-3.41-68.15%
2007-10.7

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.