P/E ratio for PolyMet (PLM)
P/E ratio as of May 2024 (TTM): -3.82
According to PolyMet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.81856. At the end of 2022 the company had a P/E ratio of -4.02.
P/E ratio history for PolyMet from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.02 | -51.08% |
| 2021 | -8.21 | -55.57% |
| 2020 | -18.5 | 404.54% |
| 2019 | -3.66 | -79.68% |
| 2018 | -18.0 | -27.68% |
| 2017 | -24.9 | 16.22% |
| 2016 | -21.4 | -6.33% |
| 2015 | -22.9 | -5.95% |
| 2014 | -24.3 | -0.84% |
| 2013 | -24.5 | -32.83% |
| 2012 | -36.5 | -10.99% |
| 2011 | -41.1 | 1.53% |
| 2010 | -40.4 | -55.37% |
| 2009 | -90.6 | 470.9% |
| 2008 | -15.9 | -84.92% |
| 2007 | -105 | 522.46% |
| 2006 | -16.9 | 65.06% |
| 2005 | -10.2 | -16.89% |
| 2004 | -12.3 | 75.92% |
| 2003 | -7.00 | 481.35% |
| 2002 | -1.20 | 62.84% |
| 2001 | -0.7399 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Taseko Mines
TGB | -83.6 | 2,089.78% | 🇨🇦 Canada |
 Platinum Group Metals
PLG | -26.5 | 593.98% | 🇨🇦 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.