Eldorado Gold
EGO
#3352
Rank
C$4.76 B
Marketcap
$23.20
Share price
2.27%
Change (1 day)
51.50%
Change (1 year)

P/E ratio for Eldorado Gold (EGO)

P/E ratio as of November 2024 (TTM): 56.3

According to Eldorado Gold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.3448. At the end of 2022 the company had a P/E ratio of -4.22.

P/E ratio history for Eldorado Gold from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.22-66.13%
2021-12.5-166.7%
202018.721.03%
201915.4-1322.52%
2018-1.26-99.65%
2017-3585340.22%
2016-6.57375.71%
2015-1.38-103.18%
201443.4-794.55%
2013-6.25-121.85%
201228.623.17%
201123.2-48.7%
201045.3-0.91%
200945.7198.98%
200815.3-71%
200752.7-79.85%
2006262-926.93%
2005-31.7-37.9%
2004-51.0217.58%
2003-16.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.1-71.48%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-79.9-241.81%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.6-156.02%๐Ÿ‡จ๐Ÿ‡ฆ Canada
41.9-25.62%๐Ÿ‡จ๐Ÿ‡ฆ Canada
33.7-40.20%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa

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.