NN Group NV (NN Group NV) Forward PE Ratio : 6.96 (As of Apr. 26, 2024)

View and export this data going back to 2016. Start your Free Trial

What is NN Group NV Forward PE Ratio?

NN Group NV's Forward PE Ratio for today is 6.96.

NN Group NV's PE Ratio without NRI for today is 10.71.

NN Group NV's PE Ratio for today is 10.59.

NN Group NV Forward PE Ratio Historical Data

The historical data trend for NN Group NV's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NN Group NV Forward PE Ratio Chart

NN Group NV Annual Data

Trend

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

9.34

8.61

7.99

8.28

9.58

7.59

5.77

6.17

NN Group NV Semi-Annual Data
	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	10.13	9.83	9.34	9.32	9.59	8.78	8.61	9.08	8.47	7.63	7.99	6.18	7.95	7.30	8.28	9.23	9.39	9.16	9.58	8.76	8.70	7.46	7.59	6.09	6.34	5.33	5.77	6.18

Competitive Comparison of NN Group NV's Forward PE Ratio

For the Insurance - Diversified subindustry, NN Group NV's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NN Group NV's Forward PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NN Group NV's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where NN Group NV's Forward PE Ratio falls into.

NN Group NV Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

NN Group NV (OTCPK:NNGRY) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

NN Group NV Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of NN Group NV's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NN Group NV (NN Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NN Group NV (OTCPK:NNGRY) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

NNGPF:USA NN:Netherlands NNa:UK 0QVV:UK 2NN:Germany NN:Austria

Address

Schenkkade 65, The Hague, ZH, NLD, 2595 AS

Website

https://www.nn-group.com

Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division of the company and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and the new style-defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has managed its individual life insurance business as being closed to new business.