P/E ratio for National Australia Bank (NAB.AX)
P/E ratio at the end of 2021: 13.0
According to National Australia Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1203. At the end of 2021 the company had a P/E ratio of 13.0.
P/E ratio history for National Australia Bank from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.0 | -36.23% |
| 2020 | 20.4 | 18.32% |
| 2019 | 17.2 | 37.28% |
| 2018 | 12.6 | -7.96% |
| 2017 | 13.6 | -95.08% |
| 2016 | 277 | 2533.24% |
| 2015 | 10.5 | -0.39% |
| 2014 | 10.6 | 1.14% |
| 2013 | 10.5 | 16.4% |
| 2012 | 8.98 | 42.63% |
| 2011 | 6.30 | -29.19% |
| 2010 | 8.90 | -51.34% |
| 2009 | 18.3 | 132.01% |
| 2008 | 7.88 | -25.42% |
| 2007 | 10.6 | -11.43% |
| 2006 | 11.9 | -10.6% |
| 2005 | 13.3 | -0.09% |
| 2004 | 13.4 | 11.02% |
| 2003 | 12.0 | -25.31% |
| 2002 | 16.1 | -25.78% |
| 2001 | 21.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Westpac Banking WBC.AX | 9.47 | -41.27% | 🇦🇺 Australia |
 Commonwealth Bank CBA.AX | N/A | N/A | 🇦🇺 Australia |
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.