Argonaut Gold
AR.TO
#6304
Rank
$0.38 B
Marketcap
$0.31
Share price
0.00%
Change (1 day)
-33.56%
Change (1 year)

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

P/E ratio as of June 2024 (TTM): -0.9810

According to Argonaut Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.981045. At the end of 2022 the company had a P/E ratio of -1.53.

P/E ratio history for Argonaut Gold from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.53-107.16%
202121.3-20.57%
202026.9-1035.53%
2019-2.87-88%
2018-23.9-278.73%
201713.4-68.5%
201642.5-6591.59%
2015-0.6548-98.75%
2014-52.6-121.04%
20132501684.25%
201214.0-38.28%
201122.7-50.9%
201046.2-328.47%
2009-20.2

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.