P/E ratio for B2Gold (BTG)
P/E ratio as of May 2024 (TTM): 9.44
According to B2Gold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.44444. At the end of 2022 the company had a P/E ratio of 14.3.
P/E ratio history for B2Gold from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.3 | 48.98% |
| 2021 | 9.59 | 2.7% |
| 2020 | 9.33 | -34.83% |
| 2019 | 14.3 | -85.29% |
| 2018 | 97.3 | 56.99% |
| 2017 | 62.0 | 30.8% |
| 2016 | 47.4 | -843.53% |
| 2015 | -6.38 | 230.56% |
| 2014 | -1.93 | -109.56% |
| 2013 | 20.2 | -26.52% |
| 2012 | 27.5 | 51.57% |
| 2011 | 18.1 | -53.03% |
| 2010 | 38.6 | -528.57% |
| 2009 | -9.00 | 450% |
| 2008 | -1.64 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Hecla Mining
HL | -59.1 | -725.25% | 🇺🇸 USA |
 McEwen Mining MUX | -4.82 | -150.98% | 🇨🇦 Canada |
 Coeur Mining
CDE | -22.6 | -339.29% | 🇺🇸 USA |
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.