P/E ratio for Comstock Mining (LODE)
P/E ratio as of May 2024 (TTM): -1.07
According to Comstock Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.06731. At the end of 2022 the company had a P/E ratio of -0.4516.
P/E ratio history for Comstock Mining from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.4516 | -85.3% |
| 2021 | -3.07 | -229.95% |
| 2020 | 2.36 | -213.17% |
| 2019 | -2.09 | 137.78% |
| 2018 | -0.8784 | -41.89% |
| 2017 | -1.51 | -56.98% |
| 2016 | -3.51 | 8.92% |
| 2015 | -3.23 | -23.6% |
| 2014 | -4.22 | 1.33% |
| 2013 | -4.17 | 58.99% |
| 2012 | -2.62 | -80.91% |
| 2011 | -13.7 | 1158.05% |
| 2010 | -1.09 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Gold
RGLD | 33.8 | -3,270.53% | 🇺🇸 USA |
 Vista Gold
VGZ | -8.28 | 676.09% | 🇺🇸 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.