P/E ratio for First Majestic Silver (AG)
P/E ratio as of May 2024 (TTM): -11.6
According to First Majestic Silver 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.6034. At the end of 2022 the company had a P/E ratio of -19.4.
P/E ratio history for First Majestic Silver from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -19.4 | -97.2% |
| 2021 | -692 | -615.2% |
| 2020 | 134 | -327.32% |
| 2019 | -59.1 | 1014.21% |
| 2018 | -5.31 | -74.81% |
| 2017 | -21.1 | -113.8% |
| 2016 | 153 | -3973.33% |
| 2015 | -3.94 | -58.4% |
| 2014 | -9.47 | -68.24% |
| 2013 | -29.8 | -218.16% |
| 2012 | 25.2 | 51.37% |
| 2011 | 16.7 | -56.36% |
| 2010 | 38.2 | -37.09% |
| 2009 | 60.7 | -291.21% |
| 2008 | -31.8 | -10.12% |
| 2007 | -35.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wheaton Precious Metals WPM | 38.9 | -435.42% | 🇨🇦 Canada |
 SSR Mining SSRM | 5.27 | -145.46% | 🇨🇦 Canada |
 Pan American Silver
PAAS | -15.3 | 32.26% | 🇨🇦 Canada |
 Silvercorp Metals
SVM | 29.2 | -351.49% | 🇨🇦 Canada |
 MAG Silver MAG | 39.9 | -443.61% | 🇨🇦 Canada |
 Great Panther Mining
GPLDF | 0.0000 | -100.00% | 🇨🇦 Canada |
 Hecla Mining
HL | -59.2 | 409.99% | 🇺🇸 USA |
 Endeavour Silver EXK | 53.4 | -560.21% | 🇨🇦 Canada |
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.