P/E ratio for Northern Dynasty Minerals (NAK)
P/E ratio as of May 2024 (TTM): -8.01
According to Northern Dynasty Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.01307. At the end of 2022 the company had a P/E ratio of -5.81.
P/E ratio history for Northern Dynasty Minerals from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.81 | -2.28% |
| 2021 | -5.94 | 65.56% |
| 2020 | -3.59 | 20.3% |
| 2019 | -2.98 | -75.68% |
| 2018 | -12.3 | 19.15% |
| 2017 | -10.3 | -58.15% |
| 2016 | -24.6 | 1283.76% |
| 2015 | -1.78 | 28.24% |
| 2014 | -1.39 | -95.74% |
| 2013 | -32.6 | 65.37% |
| 2012 | -19.7 | -35.06% |
| 2011 | -30.3 | -56.64% |
| 2010 | -70.0 | 2.13% |
| 2009 | -68.5 | 295.35% |
| 2008 | -17.3 | 44.31% |
| 2007 | -12.0 | 2.81% |
| 2006 | -11.7 | 66.39% |
| 2005 | -7.02 | 18.42% |
| 2004 | -5.93 | -66.27% |
| 2003 | -17.6 | 1218.54% |
| 2002 | -1.33 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NovaGold Resources
NG | -21.4 | 167.42% | 🇨🇦 Canada |
 New Gold NGD | -20.7 | 158.84% | 🇨🇦 Canada |
 Almaden Minerals
AAU | -2.33 | -70.95% | 🇨🇦 Canada |
 Seabridge Gold
SA | -75.8 | 845.42% | 🇨🇦 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.