P/E ratio for Skeena Resources (SKE)
P/E ratio as of May 2024 (TTM): -6.23
According to Skeena Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.22868. At the end of 2022 the company had a P/E ratio of -5.54.
P/E ratio history for Skeena Resources from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.54 | -16.67% |
| 2021 | -6.65 | -34.67% |
| 2020 | -10.2 | 276.22% |
| 2019 | -2.71 | 58.9% |
| 2018 | -1.70 | -60.04% |
| 2017 | -4.26 | 109.99% |
| 2016 | -2.03 | -8.05% |
| 2015 | -2.21 | 57.34% |
| 2014 | -1.40 | -83.77% |
| 2013 | -8.65 | 6.85% |
| 2012 | -8.09 | 428.39% |
| 2011 | -1.53 | |
| 2009 | -1.43 | 852.74% |
| 2008 | -0.1505 | -98.23% |
| 2007 | -8.49 | -56.84% |
| 2006 | -19.7 | 107.21% |
| 2005 | -9.49 | -83.43% |
| 2004 | -57.3 | 538.35% |
| 2003 | -8.97 | 70.45% |
| 2002 | -5.27 |
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.