P/E ratio for Barrick Gold (GOLD)
P/E ratio as of April 2024 (TTM): -427
According to Barrick Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -427. At the end of 2022 the company had a P/E ratio of 71.6.
P/E ratio history for Barrick Gold from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 71.6 | 329.5% |
| 2021 | 16.7 | -4.16% |
| 2020 | 17.4 | 111.4% |
| 2019 | 8.23 | -179.58% |
| 2018 | -10.3 | -187.86% |
| 2017 | 11.8 | -58.77% |
| 2016 | 28.5 | -1043.46% |
| 2015 | -3.02 | -29.94% |
| 2014 | -4.32 | 148.31% |
| 2013 | -1.74 | -97.37% |
| 2012 | -66.1 | -755.46% |
| 2011 | 10.1 | -31.21% |
| 2010 | 14.7 | -274.85% |
| 2009 | -8.38 | -120.51% |
| 2008 | 40.9 | 26.31% |
| 2007 | 32.3 | 87.54% |
| 2006 | 17.2 | -56.48% |
| 2005 | 39.6 | -23.1% |
| 2004 | 51.5 | -16.04% |
| 2003 | 61.4 | 43.39% |
| 2002 | 42.8 | 40.42% |
| 2001 | 30.5 |
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 | 28.1 | -106.59% | 🇿🇦 South Africa |
 Agnico Eagle Mines AEM | 12.2 | -102.85% | 🇨🇦 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.