Mineral Resources
MIN.AX
#2782
Rank
โ‚น419.32 B
Marketcap
โ‚น2,134
Share price
0.03%
Change (1 day)
-32.68%
Change (1 year)

P/E ratio for Mineral Resources (MIN.AX)

P/E ratio at the end of 2022: 25.5

According to Mineral Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.9841. At the end of 2022 the company had a P/E ratio of 25.5.

P/E ratio history for Mineral Resources from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202225.5278.62%
20216.7578.74%
20203.77-76.79%
201916.365.22%
20189.8423.22%
20177.99-114.39%
2016-55.5-168.97%
201580.51387%
20145.41-9.59%
20135.9937.09%
20124.37-44.17%
20117.82-18.03%
20109.541.63%
20099.39-16.4%
200811.2-27.58%
200715.5

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.