P/E ratio for SSR Mining (SSRM)
P/E ratio as of May 2024 (TTM): 5.29
According to SSR Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.29412. At the end of 2022 the company had a P/E ratio of 17.0.
P/E ratio history for SSR Mining from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.0 | 63.59% |
| 2021 | 10.4 | -49.26% |
| 2020 | 20.5 | -10.5% |
| 2019 | 22.9 | -90.52% |
| 2018 | 242 | 1495.49% |
| 2017 | 15.2 | -3.16% |
| 2016 | 15.6 | -568.27% |
| 2015 | -3.34 | 4.73% |
| 2014 | -3.19 | 30.67% |
| 2013 | -2.44 | -111.32% |
| 2012 | 21.6 | 54.59% |
| 2011 | 14.0 | 115.18% |
| 2010 | 6.49 | -105.64% |
| 2009 | -115 | -42.23% |
| 2008 | -199 | 214.23% |
| 2007 | -63.4 | -147.91% |
| 2006 | 132 | -180.07% |
| 2005 | -165 | -61.29% |
| 2004 | -427 | 189.43% |
| 2003 | -148 | 8.58% |
| 2002 | -136 | 321.22% |
| 2001 | -32.3 |
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.