According to Newcrest Mining 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2020 the company had a P/E ratio of 37.6.
Year | P/E ratio | Change |
---|---|---|
2020 | 37.6 | -12.11% |
2019 | 42.8 | -48.34% |
2018 | 82.9 | 60.74% |
2017 | 51.6 | -5.03% |
2016 | 54.3 | 126% |
2015 | 24.0 | -704.71% |
2014 | -3.97 | 173.56% |
2013 | -1.45 | -109.6% |
2012 | 15.1 | -44.9% |
2011 | 27.5 | -23.81% |
2010 | 36.0 | -48.52% |
2009 | 70.0 | -30.38% |
2008 | 101 | -19.73% |
2007 | 125 | 389.79% |
2006 | 25.6 | -52.47% |
2005 | 53.8 | 1.38% |
2004 | 53.1 | 33.87% |
2003 | 39.7 | -157.62% |
2002 | -68.8 | -222.06% |
2001 | 56.4 |
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.