According to Marathon Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -54.769. At the end of 2022 the company had a P/E ratio of -42.4.
Year | P/E ratio | Change |
---|---|---|
2022 | -42.4 | -60.74% |
2021 | -108 | 50.98% |
2020 | -71.5 | 30.45% |
2019 | -54.8 | 42.44% |
2018 | -38.5 | 0.43% |
2017 | -38.3 | -41.53% |
2016 | -65.6 | 948.89% |
2015 | -6.25 | 75% |
2014 | -3.57 | -54.29% |
2013 | -7.81 | -75.2% |
2012 | -31.5 |
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.