P/E ratio for AngloGold Ashanti (AU)
P/E ratio as of September 2023 (TTM): 23.0
According to AngloGold Ashanti 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9506. At the end of 2015 the company had a P/E ratio of -19.1.
P/E ratio history for AngloGold Ashanti from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | -19.1 | -69.32% |
| 2014 | -62.1 | 2968.67% |
| 2013 | -2.03 | |
| 2011 | 10.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Newmont NEM | -42.7 | -285.86% | 🇺🇸 USA |
 Iamgold
IAG | 81.0 | 252.93% | 🇨🇦 Canada |
 Gold Fields
GFI | N/A | N/A | 🇿🇦 South Africa |
 Barrick Gold GOLD | -411 | -1,888.62% | 🇨🇦 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.