According to Argonaut Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.930256. At the end of 2022 the company had a P/E ratio of -1.53.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.53 | -107.16% |
2021 | 21.3 | -20.57% |
2020 | 26.9 | -1035.53% |
2019 | -2.87 | -88% |
2018 | -23.9 | -278.73% |
2017 | 13.4 | -68.5% |
2016 | 42.5 | -6591.59% |
2015 | -0.6548 | -98.75% |
2014 | -52.6 | -121.04% |
2013 | 250 | 1684.25% |
2012 | 14.0 | -38.28% |
2011 | 22.7 | -50.9% |
2010 | 46.2 | -328.47% |
2009 | -20.2 |
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.