P/E ratio for McEwen Mining (MUX)
P/E ratio as of May 2024 (TTM): -4.85
According to McEwen Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.85294. At the end of 2022 the company had a P/E ratio of -3.41.
P/E ratio history for McEwen Mining from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.41 | -51.22% |
| 2021 | -6.98 | 168.03% |
| 2020 | -2.61 | -65.12% |
| 2019 | -7.47 | -42.53% |
| 2018 | -13.0 | -77.19% |
| 2017 | -57.0 | -217.53% |
| 2016 | 48.5 | -420.28% |
| 2015 | -15.1 | 1318.79% |
| 2014 | -1.07 | -72.77% |
| 2013 | -3.92 | -73.39% |
| 2012 | -14.7 | 84.13% |
| 2011 | -8.00 | -73.32% |
| 2010 | -30.0 | 177.09% |
| 2009 | -10.8 | 1444.32% |
| 2008 | -0.7008 | -91.64% |
| 2007 | -8.38 | 216.83% |
| 2006 | -2.64 | -91.79% |
| 2005 | -32.2 | 192.88% |
| 2004 | -11.0 | -11.19% |
| 2003 | -12.4 | 127.37% |
| 2002 | -5.45 | -88.59% |
| 2001 | -47.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Newmont NEM | -39.4 | 711.84% | 🇺🇸 USA |
 Great Panther Mining
GPLDF | 0.0000 | -100.00% | 🇨🇦 Canada |
 Eldorado Gold
EGO | 49.7 | -1,123.91% | 🇨🇦 Canada |
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.