Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications. The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology. It serves industry, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.
P/E ratio for Nel ASA (NEL.OL)
P/E ratio as of 2023: -13.31
According to Nel ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.31. At the end of 2022 the company had a P/E ratio of -18.20.
P/E ratio history for Nel ASA from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -13.31 |
| 2022 | -18.20 |
| 2021 | -13.33 |
| 2020 | 31.36 |
| 2019 | -38.67 |
| 2018 | -27.54 |
| 2017 | -53.36 |
| 2016 | -24.78 |
| 2015 | -115.55 |
| 2014 | -50.13 |
| 2013 | -0.12 |
| 2012 | -0.33 |
| 2011 | -2.32 |
| 2010 | -2.25 |
| 2009 | -1.24 |
| 2008 | -1.28 |
| 2007 | -2.91 |
| 2006 | -4.39 |
| 2005 | -3.89 |
| 2004 | -1.82 |