NuVasive
NUVA
#4256
Rank
$2.08 B
Marketcap
$39.75
Share price
0.00%
Change (1 day)
7.03%
Change (1 year)
Categories

P/E ratio for NuVasive (NUVA)

P/E ratio on November 3, 2023 (TTM): 73.6

According to NuVasive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.6111. At the end of 2022 the company had a P/E ratio of 53.6.

P/E ratio history for NuVasive from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202253.6-227.57%
2021-42.0-44.85%
2020-76.1-223.03%
201961.9-70.04%
2018207471.94%
201736.1-60.34%
201691.0128.79%
201539.8-131.22%
2014-127-170.96%
2013180-7.06%
2012193-2740.11%
2011-7.32-156.79%
201012.9-94.36%
2009228-601.03%
2008-45.6-61.93%
2007-120651.73%
2006-15.97.38%
2005-14.8306.73%
2004-3.65

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.90-106.66%๐Ÿ‡บ๐Ÿ‡ธ USA
54.5-26.03%๐Ÿ‡บ๐Ÿ‡ธ USA
40.9-44.45%๐Ÿ‡บ๐Ÿ‡ธ USA
29.9-59.36%๐Ÿ‡ฎ๐Ÿ‡ช Ireland

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.