According to Lundin Mining 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4992. At the end of 2022 the company had a P/E ratio of 10.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.6 | 44.37% |
2021 | 7.31 | -81.02% |
2020 | 38.5 | 49.16% |
2019 | 25.8 | 68.46% |
2018 | 15.3 | 38.37% |
2017 | 11.1 | -314.09% |
2016 | -5.18 | -21.7% |
2015 | -6.61 | -125.48% |
2014 | 25.9 | 44.08% |
2013 | 18.0 | -23.07% |
2012 | 23.4 | 90.7% |
2011 | 12.3 | -12.13% |
2010 | 14.0 | -55.57% |
2009 | 31.4 | -7840.96% |
2008 | -0.4061 | -98.34% |
2007 | -24.5 | -289.88% |
2006 | 12.9 | -31.3% |
2005 | 18.8 | -58.21% |
2004 | 45.0 | -79.57% |
2003 | 220 | -1348.94% |
2002 | -17.6 |
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.