Nigeria P/E ratio

2014 - 2021 | Yearly | NA | CEIC Data

Key information about Nigeria P/E ratio

  • Nigeria Weighted Equities recorded a yearly P/E ratio of 107.985 on 2023, compared with 20.073 from the previous year.
  • Nigeria Weighted Equities P/E ratio is updated yearly, with historical data available from Dec 2014 to Dec 2021.
  • The P/E ratio reached an all-time high of 107.985 in Dec 2021 and a record low of 17.140 in Dec 2015.
  • CEIC calculates annual P/E Ratio from quarterly P/E Ratio based on the average of the quarter. Nigerian Exchange Group provides P/E Ratio. Nigerian Exchange Group does not provide quarter end data; thus quarter average is used instead.

In the latest reports, NSE All Share closed at 55,769.280 points in May 2023.

View Nigeria's P/E ratio from 2014 to 2021 in the chart:

Nigeria P/E ratio

What was Nigeria's P/E ratio in 2021?

Nigeria Weighted Equities recorded a yearly P/E ratio of 107.985 on 2023, compared with 20.073 from the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
107.985 2021 20.073 2020 17.140 2015 107.985 2021 NA yearly 2014 - 2021

P/E ratio by Country Comparison

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Includes P/E ratio on 31 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Bahrain (NA) 7.700 Aug 2023 monthly Jan 2004 - Aug 2023
Bangladesh (NA) 14.500 May 2023 monthly Nov 2000 - May 2023
Chile (NA) 9.900 Aug 2023 monthly Jan 2003 - Aug 2023
China (NA) 12.460 28 Sep 2023 daily 02 Apr 2001 - 28 Sep 2023
Czech Republic (NA) 41.390 Aug 2023 monthly Jan 2004 - Aug 2023
Egypt (NA) 8.270 Jan 2020 monthly Apr 2004 - Jan 2020
Hong Kong SAR, China (NA) 10.360 04 Oct 2023 daily 27 Apr 2000 - 04 Oct 2023
India (NA) 23.890 04 Oct 2023 daily 03 Dec 1988 - 04 Oct 2023
Indonesia (NA) 13.770 Aug 2023 monthly Jan 1992 - Aug 2023
Iran (NA) 7.530 Jul 2023 monthly Jan 2007 - Jul 2023
Italy (NA) 9.798 Jun 2022 monthly Dec 2010 - Jun 2022
Japan (NA) 20.300 Aug 2023 monthly Apr 2022 - Aug 2023
Jordan (NA) 7.115 04 Oct 2023 daily 01 Dec 1999 - 04 Oct 2023
South Korea (NA) 18.450 27 Sep 2023 daily 03 Apr 2000 - 27 Sep 2023
Malaysia (NA) 23.260 Aug 2023 monthly Jul 2009 - Aug 2023
Mauritius (NA) 13.460 2019 yearly 1989 - 2019
Nigeria (NA) 107.985 2021 yearly 2014 - 2021
Philippines (NA) 13.643 Aug 2023 monthly Oct 1994 - Aug 2023
Poland (NA) 15.500 30 Nov 2017 daily 23 Aug 2007 - 30 Nov 2017
Romania (NA) 5.370 Aug 2023 monthly Dec 2010 - Aug 2023
Saudi Arabia (NA) 16.576 04 Oct 2023 daily 02 Aug 2008 - 04 Oct 2023
Serbia (NA) 4.320 Aug 2023 monthly Jan 2010 - Aug 2023
Singapore (NA) 13.159 Jun 2022 monthly Apr 1998 - Jun 2022
South Africa (NA) 14.858 Sep 2019 monthly Apr 2013 - Sep 2019
Spain (NA) 12.720 Aug 2023 monthly Jun 1991 - Aug 2023
Sri Lanka (NA) 5.930 03 Oct 2023 daily 17 Aug 1998 - 03 Oct 2023
Taiwan (NA) 18.090 Aug 2023 monthly May 1989 - Aug 2023
Thailand (NA) 20.000 03 Oct 2023 daily 02 Jan 2003 - 03 Oct 2023
Tunisia (NA) 9.660 Aug 2023 monthly Sep 2007 - Aug 2023
Turkey (NA) 7.030 Aug 2023 monthly Jan 1986 - Aug 2023
United Kingdom (NA) 14.420 08 Jul 2022 daily 14 Jun 1993 - 08 Jul 2022

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Nigeria Key Series

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Includes 201 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.6 Mar 2023 quarterly Dec 2010 - Mar 2023
Consolidated Fiscal Balance (USD mn) -3,119.933 Mar 2023 quarterly Mar 2005 - Mar 2023
National Government Debt (USD mn) 96,393.4 Mar 2023 quarterly Dec 2006 - Mar 2023
Government Debt: % of GDP (%) 21.6 Mar 2023 quarterly Dec 2010 - Mar 2023
Forecast: Government Expenditure (NGN bn) 61,694.894 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 194,807.410 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 34,157.805 2028 yearly 1990 - 2028
Federal Govt Expenditure: Capital (NGN bn) 270.710 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Balance (NGN bn) -1,430.830 Mar 2023 quarterly Mar 2005 - Mar 2023
Gross Federation Account Revenue (NGN bn) 3,478.790 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,345.670 Mar 2023 quarterly Mar 2005 - Mar 2023
Gross Federation Account Revenue: Oil (NGN bn) 1,341.120 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Revenue (NGN bn) 1,342.150 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Expenditure (NGN bn) 2,772.980 Mar 2023 quarterly Mar 2005 - Mar 2023
Government Debt: Domestic (NGN bn) 21,551.925 Sep 2022 quarterly Dec 2005 - Sep 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,864.8 Jun 2023 monthly Jan 2003 - Jun 2023
Total Exports (USD mn) 4,980.1 Jun 2023 monthly Jan 2003 - Jun 2023
Total Exports Growth (%) 20.8 Jun 2023 monthly Jan 2004 - Jun 2023
Aluminum: Exports (USD th) 165,096.506 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) -51.0 Jun 2023 monthly Jan 2004 - Jun 2023
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 572.559 Jun 2023 monthly Jan 2003 - Jun 2023
Total Imports from USA (USD mn) 152.825 Jun 2023 monthly Dec 2009 - Jun 2023
Total Exports to China (USD mn) 95.340 Jun 2023 monthly Jan 2007 - Jun 2023
Total Imports from China (USD mn) 789.577 Jun 2023 monthly Jan 2007 - Jun 2023
Imports (NGN mn) 1,285,540.268 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: Crude Oil (NGN mn) 2,414,082.844 Jun 2023 monthly Jan 2003 - Jun 2023
Total Trade (NGN mn) 4,312,166.584 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: Europe: ow Netherlands (NGN mn) 211,211.147 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: America: ow USA (NGN mn) 347,972.110 Jun 2023 monthly Jan 2003 - Jun 2023
Exports (NGN mn) 3,026,626.316 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: Europe: ow UK (NGN mn) 261,128.427 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Europe: ow Netherlands (NGN mn) 65,817.881 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Asia: ow China (NGN mn) 479,864.758 Jun 2023 monthly Jan 2007 - Jun 2023
Imports: Europe: ow Germany (NGN mn) 28,945.326 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: America: ow USA (NGN mn) 92,879.196 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Europe: ow UK (NGN mn) 22,052.326 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Chemicals and Chemical Products (NGN mn) 209,078.730 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 103,084.916 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Manufactured Goods (NGN mn) 154,179.230 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Food and Live Animals (NGN mn) 260,951.755 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Machinery and Transport Equipment (NGN mn) 456,731.551 Jun 2023 monthly Jan 2003 - Jun 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 274.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance (USD mn) 2,348.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance: % of GDP (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment (USD mn) 752.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment: % of GDP (%) 0.6 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment (USD mn) 337.399 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) 0.3 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -2.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 339.714 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt (USD mn) 42,671.7 Mar 2023 quarterly Dec 2006 - Mar 2023
External Debt: % of GDP (%) 8.9 2022 yearly 1985 - 2022
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) -1.502 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -77,562.105 2022 yearly 2005 - 2022
BoP: CA: Goods: Debit (USD mn) -12,702.530 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers (USD mn) 5,442.967 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Capital Account (USD mn) 0.000 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,452.430 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 94.452 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -182.419 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Income: Credit (USD mn) 296.607 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,437.945 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities (USD mn) 3,607.108 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -1,699.632 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods (USD mn) 2,798.047 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Assets (USD mn) -1,085.664 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income (USD mn) -2,264.294 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Debit (USD mn) -2,775.122 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Debit (USD mn) -4,428.113 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 848.311 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: Net Errors & Omission (USD mn) -3,201.073 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Debit (USD mn) -505.024 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services (USD mn) -3,132.845 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Credit (USD mn) 1,295.268 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Credit (USD mn) 14,585.159 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account (USD mn) 852.759 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 31,889.659 Jul 2023 monthly Nov 1992 - Jul 2023
Money Supply M2 (USD mn) 85,708.733 Jul 2023 monthly Nov 1992 - Jul 2023
M2 Growth (%) 34.4 Jul 2023 monthly Nov 1993 - Jul 2023
Reserve Requirement Ratio (%) 32.5 Aug 2023 monthly Nov 2005 - Aug 2023
Foreign Exchange Reserves (USD mn) 35,144.3 Mar 2023 monthly Jan 1960 - Mar 2023
Foreign Exchange Reserves: % of GDP (%) 7.433 Mar 2023 quarterly Dec 2010 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 11.8 Mar 2023 monthly Jan 2003 - Mar 2023
Gold Reserves (USD mn) 1,406.391 Apr 2021 monthly Dec 1950 - Apr 2021
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 114,144.1 Jul 2023 monthly Nov 1992 - Jul 2023
Domestic Credit Growth (%) 44.2 Jul 2023 monthly Nov 1993 - Jul 2023
Private Debt: % of Nominal GDP (%) 12.94 Dec 2022 quarterly Dec 2010 - Dec 2022
Monetary Survey: Liabilities: Base Money (NGN mn) 17,376,486.410 Jul 2023 monthly Jan 1993 - Jul 2023
Monetary Survey: Liabilities: M2: M1 (NGN mn) 24,157,118.360 Jul 2023 monthly Nov 1992 - Jul 2023
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 40,769,132.380 Jul 2023 monthly Nov 1992 - Jul 2023
Monetary Survey: Liabilities: M2 (NGN mn) 64,926,250.750 Jul 2023 monthly Nov 1992 - Jul 2023
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -23.4 Feb 2023 monthly Jul 2015 - Feb 2023

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