According to Ivanhoe Mines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.7289. At the end of 2022 the company had a P/E ratio of 23.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 23.2 | -88.54% |
2021 | 202 | -191.7% |
2020 | -221 | -279.91% |
2019 | 123 | 101.65% |
2018 | 60.9 | 296.98% |
2017 | 15.3 | -140.55% |
2016 | -37.8 | -8094.75% |
2015 | 0.4728 | -118.83% |
2014 | -2.51 | -1.36% |
2013 | -2.55 | -81.82% |
2012 | -14.0 |
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.