P/E ratio for Hudbay Minerals (HBM)

P/E ratio history for Hudbay Minerals from 2009 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Western Copper and Gold WRN	-39.0	-36.52%	🇨🇦 Canada
PolyMet PLM	-3.82	-93.79%	🇨🇦 Canada
Southern Copper SCCO	24.2	-139.41%	🇺🇸 USA
Taseko Mines TGB	-65.3	6.26%	🇨🇦 Canada
Teck Resources TECK	12.9	-121.01%	🇨🇦 Canada
Turquoise Hill Resources TRQ	14.4	-123.43%	🇨🇦 Canada
Wheaton Precious Metals WPM	44.3	-172.02%	🇨🇦 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.