According to Yancoal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.87033. At the end of 2021 the company had a P/E ratio of 4.05.
Year | P/E ratio | Change |
---|---|---|
2021 | 4.05 | -246.17% |
2020 | -2.77 | -154.54% |
2019 | 5.08 | -4.43% |
2018 | 5.32 | -28.78% |
2017 | 7.46 | -476.52% |
2016 | -1.98 | 528.64% |
2015 | -0.3154 | -0.39% |
2014 | -0.3166 | -51.89% |
2013 | -0.6580 | -145.88% |
2012 | 1.43 |
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.