NL Industries
NL
#6993
Rank
S$0.53 B
Marketcap
$10.91
Share price
4.45%
Change (1 day)
64.57%
Change (1 year)

P/E ratio for NL Industries (NL)

P/E ratio as of November 2024 (TTM): -16.1

According to NL Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.098. At the end of 2022 the company had a P/E ratio of 9.87.

P/E ratio history for NL Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.8740.04%
20217.05-55.77%
202015.9115.98%
20197.38-276.55%
2018-4.18-169.79%
20175.99-76.49%
201625.5-502.14%
2015-6.33-143.45%
201414.6-247.33%
2013-9.89-232.21%
20127.48-3.06%
20117.72-3.15%
20107.97-127.57%
2009-28.9-244.58%
200820.0-107%
2007-286-1619.95%
200618.8-9.27%
200520.7299.41%
20045.19-119.95%
2003-26.0-220.02%
200221.7246.17%
20016.26

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-60.9 278.31%๐Ÿ‡บ๐Ÿ‡ธ USA
172-1,168.97%๐Ÿ‡บ๐Ÿ‡ธ USA
43.2-368.17%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-179.43%๐Ÿ‡บ๐Ÿ‡ธ USA
59.0-466.59%๐Ÿ‡บ๐Ÿ‡ธ USA
22.7-240.88%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
17.6-209.41%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.16-80.36%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.