P/E ratio for Antofagasta (ANTO.L)
P/E ratio at the end of 2021: 13.1
According to Antofagasta's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2253.19. At the end of 2021 the company had a P/E ratio of 13.1.
P/E ratio history for Antofagasta from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.1 | -63.89% |
| 2020 | 36.2 | 55.23% |
| 2019 | 23.3 | 30.45% |
| 2018 | 17.9 | 6.01% |
| 2017 | 16.8 | -68.74% |
| 2016 | 53.9 | 451.36% |
| 2015 | 9.78 | -52.77% |
| 2014 | 20.7 | 29.96% |
| 2013 | 15.9 | -5.04% |
| 2012 | 16.8 | 35.49% |
| 2011 | 12.4 | -36.34% |
| 2010 | 19.4 | 5.74% |
| 2009 | 18.4 | 490.79% |
| 2008 | 3.11 | -52.02% |
| 2007 | 6.49 | 37.09% |
| 2006 | 4.73 | -85.41% |
| 2005 | 32.4 | 574.9% |
| 2004 | 4.81 | -67.58% |
| 2003 | 14.8 | -9.94% |
| 2002 | 16.5 | -22.48% |
| 2001 | 21.2 |
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.