P/E ratio for Barrick Gold (GOLD)
P/E ratio as of September 2023 (TTM): -389
According to Barrick Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -388.75. At the end of 2021 the company had a P/E ratio of 16.5.
P/E ratio history for Barrick Gold from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.5 | -6.94% |
| 2020 | 17.7 | 115.44% |
| 2019 | 8.23 | -182.97% |
| 2018 | -9.92 | -184.36% |
| 2017 | 11.8 | -58.77% |
| 2016 | 28.5 | -1044.74% |
| 2015 | -3.02 | -30.47% |
| 2014 | -4.34 | 157.44% |
| 2013 | -1.69 | -96.87% |
| 2012 | -53.8 | -634.17% |
| 2011 | 10.1 | -36.39% |
| 2010 | 15.8 | -289.43% |
| 2009 | -8.36 | -120.72% |
| 2008 | 40.4 | 13.12% |
| 2007 | 35.7 | 108% |
| 2006 | 17.2 | -53.85% |
| 2005 | 37.2 | -27.41% |
| 2004 | 51.2 | -17.65% |
| 2003 | 62.2 | 45.31% |
| 2002 | 42.8 | -52.47% |
| 2001 | 90.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Gold Fields
GFI | N/A | N/A | 🇿🇦 South Africa |
 AngloGold Ashanti
AU | 22.7 | -105.84% | 🇿🇦 South Africa |
 Agnico Eagle Mines AEM | 9.43 | -102.43% | 🇨🇦 Canada |
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.