P/E ratio for Silvercorp Metals (SVM)
P/E ratio as of April 2024 (TTM): 30.1
According to Silvercorp Metals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.0909. At the end of 2022 the company had a P/E ratio of 21.1.
P/E ratio history for Silvercorp Metals from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.1 | 6.84% |
| 2021 | 19.8 | -26.05% |
| 2020 | 26.8 | 22.71% |
| 2019 | 21.8 | 149.23% |
| 2018 | 8.75 | 0.19% |
| 2017 | 8.73 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Pan American Silver
PAAS | -15.7 | -152.24% | 🇨🇦 Canada |
 Great Panther Mining
GPLDF | 0.0000 | -100.00% | 🇨🇦 Canada |
 Endeavour Silver EXK | 55.6 | 84.77% | 🇨🇦 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.