P/E ratio for Idaho Strategic Resources (IDR)
P/E ratio as of May 2024 (TTM): -119
According to Idaho Strategic Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -118.571. At the end of 2022 the company had a P/E ratio of -25.9.
P/E ratio history for Idaho Strategic Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -25.9 | 7.95% |
| 2021 | -24.0 | -54.04% |
| 2020 | -52.2 | 89.5% |
| 2019 | -27.6 | -273.96% |
| 2018 | 15.8 | -96.13% |
| 2017 | 409 | -4882.26% |
| 2016 | -8.56 | -74.54% |
| 2015 | -33.6 | 631.58% |
| 2014 | -4.59 | -10.18% |
| 2013 | -5.11 | -34.59% |
| 2012 | -7.82 | -48.95% |
| 2011 | -15.3 | |
| 2009 | -25.0 | |
| 2007 | -14.3 | 20.15% |
| 2006 | -11.9 | 23.58% |
| 2005 | -9.60 | -4.3% |
| 2004 | -10.0 | -74.23% |
| 2003 | -38.9 | -72.21% |
| 2002 | -140 | -6.6% |
| 2001 | -150 |
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.