NorthWestern Corporation
NWE
#3340
Rank
โ‚น292.71 B
Marketcap
โ‚น4,774
Share price
1.69%
Change (1 day)
12.65%
Change (1 year)

P/E ratio for NorthWestern Corporation (NWE)

P/E ratio as of November 2024 (TTM): 18.7

According to NorthWestern Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7475. At the end of 2022 the company had a P/E ratio of 18.1.

P/E ratio history for NorthWestern Corporation from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.114.26%
202115.8-16.64%
202019.06.25%
201917.918.49%
201815.1-15.34%
201717.86.54%
201616.7-1.34%
201517.0-9.81%
201418.86.74%
201317.635.38%
201213.0-7.32%
201114.017.33%
201012.0-6.67%
200912.8-3.33%
200813.3-34.77%
200720.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.9-41.90%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4 24.61%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-6.15%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 24.48%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 24.47%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1 17.98%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3-2.59%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4-12.36%๐Ÿ‡บ๐Ÿ‡ธ USA
24.9 32.83%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8 16.26%๐Ÿ‡บ๐Ÿ‡ธ USA

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.