P/E ratio for AngloGold Ashanti (AU)
P/E ratio as of May 2024 (TTM): 29.1
According to AngloGold Ashanti 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.0988. At the end of 2015 the company had a P/E ratio of -19.2.
P/E ratio history for AngloGold Ashanti from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | -19.2 | -69.12% |
| 2014 | -62.1 | 2931.55% |
| 2013 | -2.05 | -115.16% |
| 2012 | 13.5 | 28.13% |
| 2011 | 10.6 | -94.86% |
| 2010 | 205 | -1393.7% |
| 2009 | -15.9 | 6.44% |
| 2008 | -14.9 | -9.17% |
| 2007 | -16.4 | -71.79% |
| 2006 | -58.1 | -50.5% |
| 2005 | -117 | -271.25% |
| 2004 | 68.6 | 51.27% |
| 2003 | 45.3 | 111.74% |
| 2002 | 21.4 | -196.63% |
| 2001 | -22.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Newmont NEM | -40.2 | -238.26% | 🇺🇸 USA |
 Iamgold
IAG | 126 | 334.15% | 🇨🇦 Canada |
 Gold Fields
GFI | N/A | N/A | 🇿🇦 South Africa |
 Barrick Gold GOLD | -419 | -1,538.20% | 🇨🇦 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.