P/E ratio for North American Construction Group (NOA)
P/E ratio as of May 2024 (TTM): 10.1
According to North American Construction Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1414. At the end of 2022 the company had a P/E ratio of 7.19.
P/E ratio history for North American Construction Group from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.19 | -32.41% |
| 2021 | 10.6 | 39.67% |
| 2020 | 7.62 | -30.78% |
| 2019 | 11.0 | -41.93% |
| 2018 | 18.9 | -45.86% |
| 2017 | 35.0 | -120.44% |
| 2016 | -171 | 1674.03% |
| 2015 | -9.65 | -90.73% |
| 2014 | -104 | |
| 2012 | -9.26 | 43.64% |
| 2011 | -6.45 | -92.92% |
| 2010 | -91.1 | 2795.99% |
| 2009 | -3.15 | -166.92% |
| 2008 | 4.70 | -82.34% |
| 2007 | 26.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Imperial Oil
IMO | 10.5 | 3.14% | 🇨🇦 Canada |
 KBR
KBR | -45.6 | -549.82% | 🇺🇸 USA |
 Suncor Energy
SU | 11.7 | 15.43% | 🇨🇦 Canada |
 Canadian Natural Resources CNQ | 14.9 | 47.30% | 🇨🇦 Canada |
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.