P/E ratio for Merdeka Copper Gold (MDKA.JK)
P/E ratio as of April 2024 (TTM): -400
According to Merdeka Copper Gold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -400. At the end of 2022 the company had a P/E ratio of 106.
P/E ratio history for Merdeka Copper Gold from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 106 | -37.56% |
| 2021 | 170 | 60.73% |
| 2020 | 106 | 343.54% |
| 2019 | 23.9 | 25.87% |
| 2018 | 19.0 | 41.65% |
| 2017 | 13.4 | -107.07% |
| 2016 | -189 | 119.68% |
| 2015 | -86.2 |
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.