P/E ratio for Nordstrom (JWN)
P/E ratio as of May 2024 (TTM): 106
According to Nordstrom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 105.65. At the end of 2022 the company had a P/E ratio of 7.91.
P/E ratio history for Nordstrom from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.91 | -97.9% |
| 2021 | 377 | -4170.78% |
| 2020 | -9.26 | -178.29% |
| 2019 | 11.8 | -29.19% |
| 2018 | 16.7 | 1.9% |
| 2017 | 16.4 | -35.35% |
| 2016 | 25.4 | 81.25% |
| 2015 | 14.0 | -32.32% |
| 2014 | 20.7 | 27.46% |
| 2013 | 16.2 | 1.26% |
| 2012 | 16.0 | 0.86% |
| 2011 | 15.9 | -5.19% |
| 2010 | 16.8 | -30.46% |
| 2009 | 24.1 | 341.62% |
| 2008 | 5.45 | -56.63% |
| 2007 | 12.6 | -38.56% |
| 2006 | 20.5 | -0.1% |
| 2005 | 20.5 | 12.27% |
| 2004 | 18.3 | -22.51% |
| 2003 | 23.6 | -24.59% |
| 2002 | 31.2 | 15.81% |
| 2001 | 27.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kohl's
KSS | -25.4 | -124.05% | 🇺🇸 USA |
 Ross Stores ROST | 28.1 | -73.38% | 🇺🇸 USA |
 TJX Companies TJX | 28.6 | -72.89% | 🇺🇸 USA |
 Macy's
M | 7.08 | -93.30% | 🇺🇸 USA |
 Buckle
BKE | 8.08 | -92.35% | 🇺🇸 USA |
 Dillard's
DDS | 9.36 | -91.14% | 🇺🇸 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.