NEUCA
NEU.WA
#5716
Rank
NZ$1.48 B
Marketcap
$331.55
Share price
-0.25%
Change (1 day)
12.57%
Change (1 year)

P/E ratio for NEUCA (NEU.WA)

P/E ratio as of November 2024 (TTM): 35.3

According to NEUCA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.2551. At the end of 2022 the company had a P/E ratio of 20.6.

P/E ratio history for NEUCA from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.6-15.75%
202124.523.32%
202019.842.35%
201913.920.28%
201811.6-10.84%
201713.0-15.53%
201615.4-2.45%
201515.846.94%
201410.7-28.28%
201315.0130.52%
20126.4912.81%
20115.75-36.47%
20109.06

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.