MAG Silver
MAG
#4585
Rank
C$2.38 B
Marketcap
$23.12
Share price
2.97%
Change (1 day)
59.75%
Change (1 year)

P/E ratio for MAG Silver (MAG)

P/E ratio as of November 2024 (TTM): 53.7

According to MAG Silver's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.7097. At the end of 2022 the company had a P/E ratio of 86.8.

P/E ratio history for MAG Silver from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202286.8-66.75%
2021261-215.76%
2020-226-4.73%
2019-237120.12%
2018-108-27.01%
2017-147848.68%
2016-15.5-47.19%
2015-29.4-13.37%
2014-34.0222.47%
2013-10.5-78.51%
2012-49.010.36%
2011-44.4-14.41%
2010-51.9105.08%
2009-25.3-37.94%
2008-40.8-50.64%
2007-82.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.53-89.71%๐Ÿ‡บ๐Ÿ‡ธ USA
20.9-61.05%๐Ÿ‡บ๐Ÿ‡ธ USA
52.1-3.09%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-61.53%๐Ÿ‡บ๐Ÿ‡ธ 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.