Price to Earning ratio Analysis of Novo Nordisk A/S - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PE
Period Ending - Dec-23
Excellent PE
7.54
Period Ending - Dec-22
Excellent PE
11.49
Growth
-34.38 %
Trailing Twelve Months PE
Period Ending - Dec-23
Excellent PE
7.05
PE Analysis of Novo Nordisk A/S
| P/E Ratio 7.05 of Novo Nordisk A/S shows that stock price is low compared to company earnings and may be undervalued. |
| PE Ratio of NVO drastically fell by -34.38 % this year. |
| PE Ratio with value of 17.14 was highest in Year Dec-19 in last Five Years. |
| PE Ratio of NVO trending down for at least three Years. |
| Latest PE Ratio with value of 7.54 is lower than Average PE of 13.10 in last five years. |
Other PE Related Info of NVO that may interest you.
Novo Nordisk A/S Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NVO | 140.37 | 142.5 | 1.49 % | Biotechnology |
Defination of Price to Earning
PE Ratio measures the relationship between the company's current stock price and EPS (Earnings Per Share). PE Ratio indicates how many times investors pay money to get 1 rupee of return. It is one of the important parameters to evaluate whether a company's stock price is overvalued or undervalued. more ..
PE Related Ratios
| PriceToSalesRatio | PriceToBookRatio | PriceToCashFlowRatio |
Tsr Value Index
| Good Value | |
FY - Historical Price to Earning of Novo Nordisk A/S
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PE | 7.54 | 11.49 | 13.72 | 15.59 | 17.14 | 17.62 | 18.25 |
| Change | -34.38 % | -16.26 % | -12.00 % | -9.07 % | -2.70 % | -3.43 % | -2.76 % |
FY Chart of Price to Earning of Novo Nordisk A/S
Note : All Data Generated at the End of Trading Hours (EOD Data)