Almaden Minerals
AAU
#9762
Rank
NZ$35.54 M
Marketcap
$0.26
Share price
0.00%
Change (1 day)
8.71%
Change (1 year)

P/E ratio for Almaden Minerals (AAU)

P/E ratio as of December 2024 (TTM): -2.33

According to Almaden Minerals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.32794. At the end of 2022 the company had a P/E ratio of -3.52.

P/E ratio history for Almaden Minerals from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.52-79.84%
2021-17.5-12.37%
2020-19.9-9.57%
2019-22.0-23.88%
2018-28.98.64%
2017-26.64.96%
2016-25.4-37.2%
2015-40.4760.64%
2014-4.70-65.37%
2013-13.6-27.14%
2012-18.6-181.9%
201122.7-132.41%
2010-70.1199.76%
2009-23.4195.98%
2008-7.90-92.68%
2007-108326.27%
2006-25.3-65.64%
2005-73.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-24.0 932.49%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-32.3 1,286.69%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-60.4 2,496.05%๐Ÿ‡จ๐Ÿ‡ฆ 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.