Metals Exploration
MTL.L
#8437
Rank
NZ$0.22 B
Marketcap
$0.13
Share price
0.51%
Change (1 day)
153.07%
Change (1 year)

P/E ratio for Metals Exploration (MTL.L)

P/E ratio at the end of 2023: 0.5247

According to Metals Exploration's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 102.317. At the end of 2023 the company had a P/E ratio of 0.5247.

P/E ratio history for Metals Exploration from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20230.5247-85.15%
20223.5323.44%
20212.86-27.39%
20203.9490.05%
20192.07-3922.46%
2018-0.0543-98.79%
2017-4.50-5.39%
2016-4.75-73.94%
2015-18.294.67%
2014-9.3770.05%
2013-5.51-34.65%
2012-8.43-50.96%
2011-17.2182.12%
2010-6.0947.95%
2009-4.12-64.26%
2008-11.5156.79%
2007-4.4955.81%
2006-2.88-63.96%
2005-7.99

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.