Kinross Gold
KGC
#1489
Rank
ยฃ9.23 B
Marketcap
ยฃ7.50
Share price
1.07%
Change (1 day)
53.93%
Change (1 year)
Kinross Gold Corp. is a Canada-based mining company located in Toronto, Ontario.

P/E ratio for Kinross Gold (KGC)

P/E ratio as of December 2024 (TTM): 58.9

According to Kinross Gold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.9375. At the end of 2022 the company had a P/E ratio of -8.70.

P/E ratio history for Kinross Gold from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-8.70-125.46%
202134.2402.87%
20206.80-18.27%
20198.32-102.92%
2018-285-2542.35%
201711.7-129.28%
2016-39.91806.15%
2015-2.09-24.74%
2014-2.78108.17%
2013-1.34-69.78%
2012-4.42-29.08%
2011-6.23-129.57%
201021.1-48.48%
200940.9-384.14%
2008-14.4-148.49%
200729.717.41%
200625.3-273.27%
2005-14.6
2003-5.92-39.56%
2002-9.8083.21%
2001-5.35

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-23.6-139.99%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-59.7-201.34%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-28.7-148.73%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-63.3-207.39%๐Ÿ‡บ๐Ÿ‡ธ USA

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.