P/E ratio for Fortuna Silver Mines (FSM)
P/E ratio as of April 2024 (TTM): -9.77
According to Fortuna Silver Mines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.77083. At the end of 2022 the company had a P/E ratio of -8.72.
P/E ratio history for Fortuna Silver Mines from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.72 | -162.26% |
| 2021 | 14.0 | -81.3% |
| 2020 | 74.9 | 175.4% |
| 2019 | 27.2 | 56.92% |
| 2018 | 17.3 | 39.46% |
| 2017 | 12.4 | -69.2% |
| 2016 | 40.4 | -240.21% |
| 2015 | -28.8 | -175.91% |
| 2014 | 37.9 | -300.95% |
| 2013 | -18.9 | -213.12% |
| 2012 | 16.7 | -51.39% |
| 2011 | 34.3 | 28.94% |
| 2010 | 26.6 | |
| 2008 | > 1000 | -2821.89% |
| 2007 | -66.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Seabridge Gold
SA | -80.6 | 725.38% | 🇨🇦 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.