nib holdings limited
NHF.AX
#4072
Rank
HK$16.73 B
Marketcap
HK$34.30
Share price
-0.14%
Change (1 day)
-10.76%
Change (1 year)

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

P/E ratio at the end of 2023: 20.4

According to nib holdings limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5976. At the end of 2023 the company had a P/E ratio of 20.4.

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
202320.4-12.59%
202223.351.27%
202115.4-28.6%
202021.61.21%
201921.426.6%
201816.9-4.12%
201717.64.28%
201616.97.55%
201515.718.26%
201413.337.21%
20139.6752.99%
20126.320.33%
20116.30-18.29%
20107.71-48.49%
200915.0-96.27%
2008401

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.