P/E ratio for Shandong Gold Mining (600547.SS)
P/E ratio as of April 2024 (TTM): 129
According to Shandong Gold Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 129.125. At the end of 2022 the company had a P/E ratio of 95.8.
P/E ratio history for Shandong Gold Mining from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 95.8 | -122.59% |
| 2021 | -424 | -961.68% |
| 2020 | 49.2 | -37.16% |
| 2019 | 78.3 | 24.27% |
| 2018 | 63.0 | 23.28% |
| 2017 | 51.1 | 7.8% |
| 2016 | 47.4 | -9.68% |
| 2015 | 52.5 | 53.4% |
| 2014 | 34.2 | 56.74% |
| 2013 | 21.8 | -12.45% |
| 2012 | 24.9 | 17.72% |
| 2011 | 21.2 | -65.43% |
| 2010 | 61.3 | -19.25% |
| 2009 | 75.9 | 182.49% |
| 2008 | 26.9 | -58.76% |
| 2007 | 65.1 | 60.95% |
| 2006 | 40.5 | 82.52% |
| 2005 | 22.2 | -34.95% |
| 2004 | 34.1 |
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.