According to Koza Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4695. At the end of 2022 the company had a P/E ratio of 21.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 21.5 | 266.03% |
2021 | 5.87 | -28.05% |
2020 | 8.16 | 27.4% |
2019 | 6.41 | 23.4% |
2018 | 5.19 | -40.86% |
2017 | 8.78 | |
2014 | 4.81 | -29.29% |
2013 | 6.80 | -35.92% |
2012 | 10.6 | 26.12% |
2011 | 8.41 | -36.94% |
2010 | 13.3 |
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.