P/E ratio for DRDGOLD (DRD)

P/E ratio history for DRDGOLD from 2001 to 2015

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Tanzanian Gold Corporation TRX	-35.2	-150.50%	🇨🇦 Canada
Golden Star Resources GSS	N/A	N/A	🇨🇦 Canada
Harmony Gold HMY	-1.62	-102.33%	🇿🇦 South Africa
AngloGold Ashanti AU	29.8	-57.28%	🇿🇦 South Africa
Gold Fields GFI	N/A	N/A	🇿🇦 South Africa

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.