P/E ratio for Platinum Group Metals (PLG)
P/E ratio as of April 2024 (TTM): -27.6
According to Platinum Group Metals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -27.6. At the end of 2022 the company had a P/E ratio of -24.9.
P/E ratio history for Platinum Group Metals from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -24.9 | 198.92% |
| 2021 | -8.32 | -73.12% |
| 2020 | -30.9 | 504.02% |
| 2019 | -5.12 | 521.51% |
| 2018 | -0.8240 | 1034.36% |
| 2017 | -0.0726 | -98.58% |
| 2016 | -5.11 | -107.3% |
| 2015 | 70.0 | -502.36% |
| 2014 | -17.4 | -60.71% |
| 2013 | -44.3 | 108.17% |
| 2012 | -21.3 | 70.73% |
| 2011 | -12.5 | -214.3% |
| 2010 | 10.9 | -121.88% |
| 2009 | -49.8 | 160.76% |
| 2008 | -19.1 | -59.29% |
| 2007 | -46.9 | 109.58% |
| 2006 | -22.4 | 64.88% |
| 2005 | -13.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PolyMet PLM | -3.82 | -86.16% | 🇨🇦 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.