Argonaut Gold
AR.TO
#6014
Rank
$0.21 B
Marketcap
$0.30
Share price
-5.68%
Change (1 day)
-86.30%
Change (1 year)

P/E ratio for Argonaut Gold (AR.TO)

P/E ratio as of October 2022 (TTM): 1.31

According to Argonaut Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.31429. At the end of 2021 the company had a P/E ratio of 19.5.

P/E ratio history for Argonaut Gold from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202119.5-42.93%
202034.2-1368.07%
2019-2.70-91.14%
2018-30.5-340.63%
201712.7-75.74%
201652.2-7879.27%
2015-0.6714-98.55%
2014-46.3-183.88%
201355.2424.31%
201210.5-38.49%
201117.1-74.03%
201065.9-125.49%
2009-259

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.