Iamgold
IAG
#4008
Rank
$2.10 B
Marketcap
$3.70
Share price
-3.39%
Change (1 day)
43.97%
Change (1 year)

P/E ratio for Iamgold (IAG)

P/E ratio as of June 2024 (TTM): 124

According to Iamgold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 124.33. 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
2022-17.2191.25%
2021-5.91-114.48%
202040.8-1062.05%
2019-4.24-93.09%
2018-61.3-1236.19%
20175.40-81.77%
201629.6-4125.19%
2015-0.7358-85.28%
2014-5.00231.83%
2013-1.51-111.69%
201212.970.75%
20117.55-69.89%
201025.1-47.1%
200947.4-123.27%
2008-204248.21%
2007-58.5-379.89%
200620.9-62.59%
200555.9-37.61%
200489.580.61%
200349.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-88.4-171.10%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-43.2-134.77%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-413-432.28%๐Ÿ‡จ๐Ÿ‡ฆ 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.