Netfonds AG
NF4.DE
#8823
Rank
NZ$0.15 B
Marketcap
$68.19
Share price
-1.55%
Change (1 day)
-10.75%
Change (1 year)

P/E ratio for Netfonds AG (NF4.DE)

P/E ratio at the end of 2023: -147

According to Netfonds AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -136.627. At the end of 2023 the company had a P/E ratio of -147.

P/E ratio history for Netfonds AG from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-147
202110.3-100.27%
2020< -10002331.42%
2019-156188.21%
2018-54.2

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.