According to China Gold International Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.7843. At the end of 2022 the company had a P/E ratio of 5.13.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.13 | 30.01% |
2021 | 3.94 | -21.96% |
2020 | 5.05 | -146.38% |
2019 | -10.9 | -88.54% |
2018 | -95.1 | -910.26% |
2017 | 11.7 | -126.76% |
2016 | -43.9 | -39.17% |
2015 | -72.1 | -506.91% |
2014 | 17.7 | -3.05% |
2013 | 18.3 | -4.56% |
2012 | 19.1 | 52.54% |
2011 | 12.6 | -68.34% |
2010 | 39.7 | -173.44% |
2009 | -54.0 | -1595.74% |
2008 | 3.61 | -114.45% |
2007 | -25.0 | 11.53% |
2006 | -22.4 | 501.64% |
2005 | -3.72 | -15.68% |
2004 | -4.41 | -74.19% |
2003 | -17.1 |
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.