P/E ratio for Centerra Gold (CGAU)
P/E ratio as of May 2024 (TTM): -7.28
According to Centerra Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.27711. At the end of 2022 the company had a P/E ratio of -11.8.
P/E ratio history for Centerra Gold from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.8 | 96.21% |
| 2021 | -6.00 | -170.92% |
| 2020 | 8.46 | -134.1% |
| 2019 | -24.8 | -328.77% |
| 2018 | 10.8 | 50.7% |
| 2017 | 7.20 | -5.59% |
| 2016 | 7.62 | -72.6% |
| 2015 | 27.8 | -197.63% |
| 2014 | -28.5 | -573.82% |
| 2013 | 6.01 | -140.72% |
| 2012 | -14.8 | -239.7% |
| 2011 | 10.6 | -27.28% |
| 2010 | 14.5 | -61.17% |
| 2009 | 37.4 | 532.81% |
| 2008 | 5.92 |
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.