According to First Majestic Silver 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.1379. At the end of 2022 the company had a P/E ratio of -19.4.
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 |
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.