Energy Resources of Australia
ERA.AX
#9637
Rank
โ‚ฌ27.85 M
Marketcap
0,001258ย โ‚ฌ
Share price
0.00%
Change (1 day)
-93.08%
Change (1 year)

P/E ratio for Energy Resources of Australia (ERA.AX)

P/E ratio at the end of 2022: -1.90

According to Energy Resources of Australia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0444295. At the end of 2022 the company had a P/E ratio of -1.90.

P/E ratio history for Energy Resources of Australia from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-1.90-30.61%
2021-2.74-102.72%
2020101370.44%
201921.4-5279.15%
2018-0.4137-97.02%
2017-13.91105.89%
2016-1.1523.96%
2015-0.9289-78.69%
2014-4.36-19.03%
2013-5.3879.06%
2012-3.01-25.67%
2011-4.04-109.04%
201044.7144.4%
200918.3-20.96%
200823.2-57.79%
200754.9-52.3%
200611590.61%
200560.321.39%
200449.7-3.54%
200351.5118.66%
200223.6-66.52%
200170.4

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.