Northern Data AG
NB2.DE
#3618
Rank
$2.96 B
Marketcap
$46.09
Share price
1.62%
Change (1 day)
80.06%
Change (1 year)

P/E ratio for Northern Data AG (NB2.DE)

P/E ratio at the end of 2021: 4.18

According to Northern Data AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.48479. At the end of 2021 the company had a P/E ratio of 4.18.

P/E ratio history for Northern Data AG from 2018 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20214.18-149.26%
2020-8.48-41.2%
2019-14.4-31.43%
2018-21.0

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.