Current and historical daily PE Ratio for National Investment Trust PLC (
MSW:NITL
) from 1990 to Sep 20 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. National Investment Trust PLC stock (MSW:NITL) PE ratio as of Sep 20 2024 is 9999.
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National Investment Trust PLC (MSW:NITL) PE Ratio (TTM) Chart
National Investment Trust PLC (MSW:NITL) PE Ratio (TTM) Historical Data
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National Investment Trust PLC (MSW:NITL) PE Ratio (TTM) Comparison
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Business Description
Business Description
National Investment Trust PLC
ISIN : MWNITL010091
Description
National Investment Trust PLC is a closed-end collective investment scheme company. The principal objective of the company is to provide a vehicle to facilitate broad public participation in a diverse portfolio of equity investments in Malawi. Its portfolio consists of equity investments, bonds, property and equity of property companies and money market investments. The investment portfolio is managed with a view to providing shareholders with a return by way of both annual income and capital growth. It derives revenue in the form of dividend and interest income.
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