P/E ratio for Exxaro Resources (EXX.JO)
P/E ratio at the end of 2022: 3.42
According to Exxaro Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.79251. At the end of 2022 the company had a P/E ratio of 3.42.
P/E ratio history for Exxaro Resources from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.42 | 33.4% |
| 2021 | 2.56 | -31.4% |
| 2020 | 3.73 | 49.31% |
| 2019 | 2.50 | -31.01% |
| 2018 | 3.63 | -34.68% |
| 2017 | 5.55 | 35.86% |
| 2016 | 4.08 | -90.99% |
| 2015 | 45.3 | -275.84% |
| 2014 | -25.8 | -653.33% |
| 2013 | 4.66 | 67.38% |
| 2012 | 2.78 | -15.05% |
| 2011 | 3.28 | 1.98% |
| 2010 | 3.21 | -75.98% |
| 2009 | 13.4 | 279.12% |
| 2008 | 3.53 | -61.14% |
| 2007 | 9.08 | 2568.33% |
| 2006 | 0.3403 | -57.33% |
| 2005 | 0.7976 |
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.