P/E ratio for Sandstorm Gold (SAND)
P/E ratio as of April 2024 (TTM): 40.3
According to Sandstorm Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.2857. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for Sandstorm Gold from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | -65.07% |
| 2021 | 44.3 | -62.94% |
| 2020 | 120 | 28.32% |
| 2019 | 93.1 | -48.3% |
| 2018 | 180 | 152.69% |
| 2017 | 71.3 | 247.29% |
| 2016 | 20.5 | -380.97% |
| 2015 | -7.31 | -123.64% |
| 2014 | 30.9 | -671.85% |
| 2013 | -5.41 | -112.83% |
| 2012 | 42.1 | 37.01% |
| 2011 | 30.8 | -144.48% |
| 2010 | -69.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Trilogy Metals
TMQ | -3.43 | -108.52% | 🇨🇦 Canada |
 Caledonia Mining CMCL | -35.4 | -187.80% | Jersey |
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.