P/E ratio for A-Mark Precious Metals (AMRK)
P/E ratio as of May 2024 (TTM): 6.35
According to A-Mark Precious Metals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.3533. At the end of 2022 the company had a P/E ratio of 5.25.
P/E ratio history for A-Mark Precious Metals from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.25 | 64.26% |
| 2021 | 3.19 | 8.21% |
| 2020 | 2.95 | -92.15% |
| 2019 | 37.6 | -173.33% |
| 2018 | -51.3 | -236.46% |
| 2017 | 37.6 | 90.71% |
| 2016 | 19.7 | 69.28% |
| 2015 | 11.6 | 6.2% |
| 2014 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 EZCorp EZPW | 16.5 | 159.22% | 🇺🇸 USA |
 Enova International
ENVA | 10.0 | 57.99% | 🇺🇸 USA |
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.