P/E ratio for Alamos Gold (AGI)
P/E ratio as of May 2024 (TTM): 29.3
According to Alamos Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.3333. At the end of 2022 the company had a P/E ratio of 105.
P/E ratio history for Alamos Gold from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 105 | -345.41% |
| 2021 | -42.7 | -280.65% |
| 2020 | 23.6 | -1.79% |
| 2019 | 24.1 | -219.37% |
| 2018 | -20.2 | -131.1% |
| 2017 | 64.9 | -156.91% |
| 2016 | -114 | 11265.35% |
| 2015 | -1.00 | -85.37% |
| 2014 | -6.86 | -116.96% |
| 2013 | 40.4 | 127.57% |
| 2012 | 17.8 | -46.76% |
| 2011 | 33.4 | 57.34% |
| 2010 | 21.2 | -7.85% |
| 2009 | 23.0 | 8.01% |
| 2008 | 21.3 | -91.92% |
| 2007 | 264 | -9.75% |
| 2006 | 292 | -796.25% |
| 2005 | -42.0 | -236.83% |
| 2004 | 30.7 | -75.11% |
| 2003 | 123 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kellogg's K | 22.5 | -23.22% | 🇺🇸 USA |
 New Gold NGD | -21.5 | -173.43% | 🇨🇦 Canada |
 Barrick Gold GOLD | -409 | -1,494.32% | 🇨🇦 Canada |
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.