P/E ratio for DRDGOLD (DRD)
P/E ratio as of April 2024 (TTM): 62.9
According to DRDGOLD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.8945. At the end of 2014 the company had a P/E ratio of -18.7.
P/E ratio history for DRDGOLD from 2001 to 2015
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2014 | -18.7 | 81.06% |
| 2013 | -10.4 | -211.2% |
| 2012 | 9.31 | -191.98% |
| 2011 | -10.1 | -305.22% |
| 2010 | 4.93 | -95.15% |
| 2009 | 102 | 1056.34% |
| 2008 | 8.79 | 233.95% |
| 2007 | 2.63 | -214.11% |
| 2006 | -2.31 | -80.38% |
| 2005 | -11.8 | 215.33% |
| 2004 | -3.73 | -69.8% |
| 2003 | -12.3 | -65.62% |
| 2002 | -35.9 | -2.39% |
| 2001 | -36.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tanzanian Gold Corporation TRX | -49.2 | -178.21% | 🇨🇦 Canada |
 Golden Star Resources
GSS | N/A | N/A | 🇨🇦 Canada |
 Harmony Gold HMY | -1.67 | -102.66% | 🇿🇦 South Africa |
 Gold Fields
GFI | N/A | N/A | 🇿🇦 South Africa |
 AngloGold Ashanti
AU | 29.4 | -53.30% | 🇿🇦 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.