NXG Price Earnings To Growth Ratio from 2010 to 2024

NXG Stock  USD 41.07  0.11  0.27%   
NXG NextGen's Price Earnings To Growth Ratio is increasing over the last several years with slightly volatile swings. Price Earnings To Growth Ratio is estimated to finish at 0.01 this year. During the period from 2010 to 2024 NXG NextGen Infrastructure Price Earnings To Growth Ratio regressed destribution of quarterly values had mean deviationof  0.24 and mean square error of  0.03. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
0.007097
Current Value
0.007452
Quarterly Volatility
0.25950363
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NXG NextGen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NXG main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Selling General Administrative of 729.4 K or Other Operating Expenses of 368.5 K, as well as many exotic indicators such as Dividend Yield of 0.1, Ptb Ratio of 0.97 or Book Value Per Share of 60.87. NXG financial statements analysis is a perfect complement when working with NXG NextGen Valuation or Volatility modules.
  
This module can also supplement various NXG NextGen Technical models . Check out the analysis of NXG NextGen Correlation against competitors.

Latest NXG NextGen's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of NXG NextGen Infrastructure over the last few years. It is NXG NextGen's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NXG NextGen's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio10 Years Trend
Slightly volatile
   Price Earnings To Growth Ratio   
       Timeline  

NXG Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean(0.25)
Coefficient Of Variation(101.77)
Mean Deviation0.24
Median(0.48)
Standard Deviation0.26
Sample Variance0.07
Range0.6822
R-Value0.80
Mean Square Error0.03
R-Squared0.64
Significance0.0003
Slope0.05
Total Sum of Squares0.94

NXG Price Earnings To Growth Ratio History

2024 0.007452
2023 0.007097
2022 0.007886
2021 -0.18
2020 -0.02
2019 -0.009709
2018 0.2

About NXG NextGen Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NXG NextGen income statement, its balance sheet, and the statement of cash flows. NXG NextGen investors use historical funamental indicators, such as NXG NextGen's Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although NXG NextGen investors may use each financial statement separately, they are all related. The changes in NXG NextGen's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NXG NextGen's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NXG NextGen Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NXG NextGen. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio 0.01  0.01 

Currently Active Assets on Macroaxis

When determining whether NXG NextGen Infrastr is a strong investment it is important to analyze NXG NextGen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NXG NextGen's future performance. For an informed investment choice regarding NXG Stock, refer to the following important reports:
Check out the analysis of NXG NextGen Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running NXG NextGen's price analysis, check to measure NXG NextGen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NXG NextGen is operating at the current time. Most of NXG NextGen's value examination focuses on studying past and present price action to predict the probability of NXG NextGen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXG NextGen's price. Additionally, you may evaluate how the addition of NXG NextGen to your portfolios can decrease your overall portfolio volatility.
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Is NXG NextGen's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NXG NextGen. If investors know NXG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NXG NextGen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.01)
The market value of NXG NextGen Infrastr is measured differently than its book value, which is the value of NXG that is recorded on the company's balance sheet. Investors also form their own opinion of NXG NextGen's value that differs from its market value or its book value, called intrinsic value, which is NXG NextGen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NXG NextGen's market value can be influenced by many factors that don't directly affect NXG NextGen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NXG NextGen's value and its price as these two are different measures arrived at by different means. Investors typically determine if NXG NextGen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NXG NextGen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.