P/E ratio for Iamgold (IAG)
P/E ratio as of April 2024 (TTM): 121
According to Iamgold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 121.333. At the end of 2022 the company had a P/E ratio of -17.2.
P/E ratio history for Iamgold from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -17.2 | 191.25% |
| 2021 | -5.91 | -114.48% |
| 2020 | 40.8 | -1062.05% |
| 2019 | -4.24 | -93.09% |
| 2018 | -61.3 | -1236.19% |
| 2017 | 5.40 | -81.77% |
| 2016 | 29.6 | -4125.19% |
| 2015 | -0.7358 | -85.28% |
| 2014 | -5.00 | 231.83% |
| 2013 | -1.51 | -111.69% |
| 2012 | 12.9 | 70.75% |
| 2011 | 7.55 | -69.89% |
| 2010 | 25.1 | -47.1% |
| 2009 | 47.4 | -123.27% |
| 2008 | -204 | 248.21% |
| 2007 | -58.5 | -379.89% |
| 2006 | 20.9 | -62.59% |
| 2005 | 55.9 | -37.61% |
| 2004 | 89.5 | 80.61% |
| 2003 | 49.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Taseko Mines
TGB | -87.5 | -172.10% | 🇨🇦 Canada |
 Tanzanian Gold Corporation TRX | -48.9 | -140.29% | 🇨🇦 Canada |
 Barrick Gold GOLD | -425 | -449.86% | 🇨🇦 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.