P/E ratio for Marimaca Copper (MARI.TO)
P/E ratio as of May 2024 (TTM): -52.6
According to Marimaca Copper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -52.6. At the end of 2022 the company had a P/E ratio of -34.0.
P/E ratio history for Marimaca Copper from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -34.0 | 152.88% |
| 2021 | -13.4 | -110.55% |
| 2020 | 127 | -2477.85% |
| 2019 | -5.36 | 356.59% |
| 2018 | -1.17 | -76.15% |
| 2017 | -4.92 | -71.47% |
| 2016 | -17.3 | 381.74% |
| 2015 | -3.58 | 495.4% |
| 2014 | -0.6015 | -35.16% |
| 2013 | -0.9277 | -78.71% |
| 2012 | -4.36 | 0.65% |
| 2011 | -4.33 | -131.3% |
| 2010 | 13.8 | -81.02% |
| 2009 | 72.9 | -8785.38% |
| 2008 | -0.8393 | -91.71% |
| 2007 | -10.1 |
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.