Fortnox AB (publ)
FNOX
Rank in Stocks
#3019
Fortnox AB (publ) provides a comprehensive, cloud-based platform designed for... Fortnox AB (publ) provides a comprehensive, cloud-based platform designed for financial administration, catering to small and medium-sized businesses, accounting firms, non-profit associations, and educational institutions. Its wide array of programs and services includes essential functions such as accounting, billing, quotation and order management, inventory control, payroll processing, expense and travel reporting, and direct debit. The company also offers specialized tools for asset tracking (plant registry), supplier verification and management, school administration, time tracking, automated invoice interpretation, credit information, electronic invoicing, and diverse invoice services, including purchasing and financing options. Furthermore, Fortnox extends its offerings to include insurance services. The company was founded in 1993 and is headquartered in Växjö, Sweden.
Share Price
$9.99
Last synced: 2025-07-24
Market Cap
$6.09B
Change (1 day)
7.78%
Change (1 year)
0.00%
Country
SE
Trade Fortnox AB (publ) (FNOX)
Category
Technology
P/E ratio for Fortnox AB (publ) (FNOX)
P/E ratio as of October 2026 TTM: 77.07
According to Fortnox AB (publ) latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 77.07. At the end of 2023 the company had a P/E ratio of 64.48.
P/E ratio history for Fortnox AB (publ) from 2008 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 77.07 | 24.49% |
| 2024 | 61.91 | -3.98% |
| 2023 | 64.48 | -22.41% |
| 2022 | 83.10 | -43.67% |
| 2021 | 147.51 | 9.12% |
| 2020 | 135.18 | 81.70% |
| 2019 | 74.40 | 47.88% |
| 2018 | 50.31 | -6.03% |
| 2017 | 53.54 | 0.27% |
| 2016 | 53.39 | 6.34% |
| 2015 | 50.21 | -2.39% |
| 2014 | 51.44 | -1.91% |
| 2013 | 52.44 | -15.18% |
| 2012 | 61.83 | 30.17% |
| 2011 | 47.50 | 33.33% |
| 2010 | 35.63 | -151.58% |
| 2009 | -69.07 | 310.44% |
| 2008 | -16.83 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 27.13 | -64.80% |
DE
|
|
| - | - |
CA
|
|
| 21.45 | -72.17% |
US
|
|
| 86.94 | 12.81% |
US
|
|
| 14.97 | -80.58% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.