According to Freeport-McMoRan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.2297. At the end of 2022 the company had a P/E ratio of 15.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 15.8 | 11.32% |
2021 | 14.2 | -77.62% |
2020 | 63.4 | -154.26% |
2019 | -117 | -1852.85% |
2018 | 6.67 | -56.4% |
2017 | 15.3 | -489.21% |
2016 | -3.93 | 550.5% |
2015 | -0.6039 | -96.72% |
2014 | -18.4 | -228.67% |
2013 | 14.3 | 34.18% |
2012 | 10.7 | 39.01% |
2011 | 7.66 | -40.71% |
2010 | 12.9 | -51.38% |
2009 | 26.6 | -3334.06% |
2008 | -0.8221 | -106.47% |
2007 | 12.7 | 66.94% |
2006 | 7.61 | -26.7% |
2005 | 10.4 | -76.64% |
2004 | 44.5 | 4.46% |
2003 | 42.6 | 120.64% |
2002 | 19.3 | -25.1% |
2001 | 25.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
BHP Group BHP | 4.72 | -84.87% | ๐ฆ๐บ Australia |
Newmont NEM | -34.8 | -211.42% | ๐บ๐ธ USA |
Rio Tinto RIO | N/A | N/A | ๐ฌ๐ง UK |
Vale VALE | 5.80 | -81.41% | ๐ง๐ท Brazil |
Southern Copper SCCO | 28.6 | -8.56% | ๐บ๐ธ USA |
Grupo Mรฉxico
GMBXF | 13.0 | -58.37% | ๐ฒ๐ฝ Mexico |
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.