As of May 3, 2024, the Nelnet stock's PE ratio is 39.42. This results from the current EPS of $2.45 and stock price of $96.57. The P/E ratio has an increase of 67% from the past four quarters average of 23.6.
The PE ratio of Nelnet has averaged 11.28 over the last ten years. The current PE ratio of 39.42 is comparable to the historical average. In the past ten years, NNI's PE ratio was at its highest in the Dec 2023 quarter at 36.01, when the stock price was $88.22 and the EPS was $2.45. The lowest value was in the Mar 2021 quarter, when it reached 5.47 with a price of $72.74 and an EPS of $13.3.
Maximum annual increase: 329.71% in 2023
Maximum annual decrease: -51.98% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 36.01 | 329.71% |
| 2022 | 8.38 | -12.53% |
| 2021 | 9.58 | 21.27% |
| 2020 | 7.9 | -51.98% |
| 2019 | 16.45 | 75% |
| 2018 | 9.4 | -28.95% |
| 2017 | 13.23 | 56.94% |
| 2016 | 8.43 | 47.89% |
| 2015 | 5.7 | -18.57% |
| 2014 | 7 | 8.02% |
Currently, NNI's PE ratio is greater than its 3, 5 and 10-year historical averages.
Compared to its peer stock NAVI, NNI's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NAVI Navient Corp | 9.68 | $1.79B |
| NNI Nelnet Inc | 39.42 | $3.58B |
| FIS Fidelity National Information Services Inc | N/A | $40.77B |
| NICK Nicholas Financial Inc | N/A | $51.76M |
NNI's price to earnings ratio is 39.42 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for NNI stock is 13.12.
Over the last 5 years, the average price to earnings ratio for NNI stock is 14.43.
The current P/E of 39.42 represents the highest historical value in the last ten years.
NNI's price to earnings ratio is currently 249% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Nelnet's stock price is $96.57. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.45. Therefore, Nelnet's P/E ratio for today is 39.42. PE RATIO(39.42) = STOCK PRICE($96.57) / TTM EPS($2.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.