Lundin Gold
LUG.TO
#2706
Rank
โ‚น428.57 B
Marketcap
โ‚น1,786
Share price
-2.37%
Change (1 day)
94.57%
Change (1 year)

P/E ratio for Lundin Gold (LUG.TO)

P/E ratio as of November 2024 (TTM): 46.1

According to Lundin Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.1304. At the end of 2022 the company had a P/E ratio of 30.5.

P/E ratio history for Lundin Gold from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.5254.01%
20218.61-122.09%
2020-39.0236%
2019-11.6-33.52%
2018-17.464.6%
2017-10.657.03%
2016-6.7510.86%
2015-6.09-67.45%
2014-18.7-86.68%
2013-14030.91%
2012-107265.19%
2011-29.4823.98%
2010-3.18-58.47%
2009-7.65494.51%
2008-1.29-92.86%
2007-18.0167.85%
2006-6.73-39.31%
2005-11.1-16.66%
2004-13.3147.48%
2003-5.38559.08%
2002-0.8159

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.