P/E ratio for Nomad Foods (NOMD)
P/E ratio as of June 2024 (TTM): 14.0
According to Nomad Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0074. At the end of 2022 the company had a P/E ratio of 11.5.
P/E ratio history for Nomad Foods from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.5 | -45.84% |
| 2021 | 21.3 | 13.02% |
| 2020 | 18.9 | -24.52% |
| 2019 | 25.0 | 73.43% |
| 2018 | 14.4 | -25.08% |
| 2017 | 19.2 | -54.16% |
| 2016 | 42.0 | -2714.14% |
| 2015 | -1.60 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nomad Foods NOMD | 14.0 | 0.00% | 🇬🇧 UK |
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.