According to Calibre Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8986. At the end of 2023 the company had a P/E ratio of 7.16.
Year | P/E ratio | Change |
---|---|---|
2023 | 7.16 | -20.47% |
2022 | 9.00 | 15.04% |
2021 | 7.82 | -38.83% |
2020 | 12.8 | -85.79% |
2019 | 90.0 | -621.67% |
2018 | -17.3 | -36.68% |
2017 | -27.2 | -54.85% |
2016 | -60.3 | 175.31% |
2015 | -21.9 | 25.87% |
2014 | -17.4 | 33.84% |
2013 | -13.0 | -27.34% |
2012 | -17.9 | 106.34% |
2011 | -8.68 | -27.69% |
2010 | -12.0 | 43.28% |
2009 | -8.38 | 3341.57% |
2008 | -0.2434 | -95.08% |
2007 | -4.95 | -65.32% |
2006 | -14.3 | -57.44% |
2005 | -33.6 | 39.55% |
2004 | -24.0 | -66.29% |
2003 | -71.3 | 655.07% |
2002 | -9.45 | -1.11% |
2001 | -9.55 |
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.