Chrysos Corporation Limited
C79.AX
#6797
Rank
NZ$0.67 B
Marketcap
$5.87
Share price
-1.80%
Change (1 day)
-12.68%
Change (1 year)

P/E ratio for Chrysos Corporation Limited (C79.AX)

P/E ratio at the end of 2023: > 1000

According to Chrysos Corporation Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1219.8. At the end of 2023 the company had a P/E ratio of > 1000.

P/E ratio history for Chrysos Corporation Limited from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023> 1000-1570.08%
2022-78.0

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.