Harmony Gold
HMY
#2627
Rank
$5.09 B
Marketcap
$8.17
Share price
1.87%
Change (1 day)
99.27%
Change (1 year)

P/E ratio for Harmony Gold (HMY)

P/E ratio as of March 2024 (TTM): -1.52

According to Harmony Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.52478. At the end of 2015 the company had a P/E ratio of -0.1025.

P/E ratio history for Harmony Gold from 2001 to 2012

PE ratio at the end of each year

Year P/E ratio Change
2015-0.1025-70.05%
2014-0.342320.52%
2013-0.2840

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
111-7,379.74%๐Ÿ‡จ๐Ÿ‡ฆ Canada
N/AN/A๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
61.9-4,161.77%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
-416 27,182.62%๐Ÿ‡จ๐Ÿ‡ฆ Canada
27.4-1,897.47%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa

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.