Taseko Mines
TGB
#6046
Rank
NZ$1.21 B
Marketcap
$4.00
Share price
-6.64%
Change (1 day)
99.74%
Change (1 year)

P/E ratio for Taseko Mines (TGB)

P/E ratio as of November 2024 (TTM): -82.6

According to Taseko Mines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -82.5642. At the end of 2022 the company had a P/E ratio of -22.5.

P/E ratio history for Taseko Mines from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-22.5-212.67%
202120.0-184.57%
2020-23.6682.49%
2019-3.01-23.05%
2018-3.92-118.2%
201721.5-392.77%
2016-7.35337.61%
2015-1.68-59.8%
2014-4.18-66.17%
2013-12.4-78.94%
2012-58.7-370.71%
201121.7217.64%
20106.82-90.75%
200973.7
200713.547.61%
20069.17115.94%
20054.25-312.19%
2004-2.00-86.48%
2003-14.8418.96%
2002-2.851634.26%
2001-0.1645

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.82-95.38%๐Ÿ‡จ๐Ÿ‡ฆ Canada
187-326.29%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.