P/E ratio for NatWest Group (NWG)
P/E ratio as of May 2024 (TTM): 6.97
According to NatWest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.96969. At the end of 2022 the company had a P/E ratio of 7.78.
P/E ratio history for NatWest Group from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.78 | -11.3% |
| 2021 | 8.77 | -129.91% |
| 2020 | -29.3 | -407.67% |
| 2019 | 9.53 | -37.49% |
| 2018 | 15.3 | -68.24% |
| 2017 | 48.0 | -1420.4% |
| 2016 | -3.64 | -79.77% |
| 2015 | -18.0 | 33.71% |
| 2014 | -13.4 | 212.96% |
| 2013 | -4.30 | -29.64% |
| 2012 | -6.11 | -2.6% |
| 2011 | -6.27 | -91.71% |
| 2010 | -75.6 | 1608.35% |
| 2009 | -4.43 | 1140.05% |
| 2008 | -0.3571 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.58 | 37.48% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.6 | 52.67% | 🇺🇸 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.