NOK Corporation
7240.T
#3986
Rank
HK$18.51 B
Marketcap
HK$112.36
Share price
0.24%
Change (1 day)
12.68%
Change (1 year)

P/E ratio for NOK Corporation (7240.T)

P/E ratio as of November 2024 (TTM): 124

According to NOK Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 124.003. At the end of 2023 the company had a P/E ratio of 18.5.

P/E ratio history for NOK Corporation from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202318.5135.94%
20227.83-104%
2021-196107.01%
2020-94.5-205.1%
201989.9788.26%
201810.1-38.31%
201716.452.03%
201610.8-19.5%
201513.4-0.36%
201413.530.33%
201310.3-46.55%
201219.333.33%
201114.5-92.44%
2010192-13.38%
20092211565.45%
200813.3-5.02%
200714.0-26.42%
200619.064.72%
200511.5

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.