P/E ratio for Forsys Metals (FSY.TO)
P/E ratio as of April 2024 (TTM): -30.9
According to Forsys Metals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.8564. At the end of 2022 the company had a P/E ratio of 110.
P/E ratio history for Forsys Metals from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 110 | -353.45% |
| 2021 | -43.4 | -34.95% |
| 2020 | -66.7 | 227.78% |
| 2019 | -20.3 | -80.47% |
| 2018 | -104 | 30904.9% |
| 2017 | -0.3360 | -96.7% |
| 2016 | -10.2 | 23.5% |
| 2015 | -8.25 | 3.34% |
| 2014 | -7.98 | -27.52% |
| 2013 | -11.0 | -58.71% |
| 2012 | -26.7 | 155.71% |
| 2011 | -10.4 | -75.91% |
| 2010 | -43.3 | -36.66% |
| 2009 | -68.3 | 27.83% |
| 2008 | -53.5 | 182.16% |
| 2007 | -18.9 | -77.61% |
| 2006 | -84.6 | 895.53% |
| 2005 | -8.50 | -3.63% |
| 2004 | -8.82 | 540.02% |
| 2003 | -1.38 |
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.