P/E ratio for Solitario Zinc (XPL)
P/E ratio as of April 2024 (TTM): -11.1
According to Solitario Zinc 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.1033. At the end of 2022 the company had a P/E ratio of -8.86.
P/E ratio history for Solitario Zinc from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.86 | -29.14% |
| 2021 | -12.5 | -63.12% |
| 2020 | -33.9 | 690.77% |
| 2019 | -4.29 | 11.8% |
| 2018 | -3.83 | -84.91% |
| 2017 | -25.4 | 39.96% |
| 2016 | -18.2 | -938.76% |
| 2015 | 2.16 | -109.41% |
| 2014 | -23.0 | 62.35% |
| 2013 | -14.2 | -15.67% |
| 2012 | -16.8 | 29.23% |
| 2011 | -13.0 | -49.95% |
| 2010 | -26.0 | -32.25% |
| 2009 | -38.3 | -48.89% |
| 2008 | -75.0 | 83.96% |
| 2007 | -40.8 | 8.85% |
| 2006 | -37.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Gold
RGLD | 35.1 | -415.88% | 🇺🇸 USA |
 Golden Minerals
AUMN | -0.3310 | -97.02% | 🇺🇸 USA |
 Hecla Mining
HL | -63.7 | 474.00% | 🇺🇸 USA |
 Southern Copper SCCO | 31.4 | -382.87% | 🇺🇸 USA |
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.