P/E ratio for Taseko Mines (TGB)
P/E ratio as of April 2024 (TTM): -82.9
According to Taseko Mines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -82.9155. At the end of 2022 the company had a P/E ratio of -22.5.
P/E ratio history for Taseko Mines from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -22.5 | -212.67% |
| 2021 | 20.0 | -184.57% |
| 2020 | -23.6 | 682.49% |
| 2019 | -3.01 | -23.05% |
| 2018 | -3.92 | -118.2% |
| 2017 | 21.5 | -392.77% |
| 2016 | -7.35 | 337.61% |
| 2015 | -1.68 | -59.8% |
| 2014 | -4.18 | -66.17% |
| 2013 | -12.4 | -78.94% |
| 2012 | -58.7 | -370.71% |
| 2011 | 21.7 | 217.64% |
| 2010 | 6.82 | -90.75% |
| 2009 | 73.7 | |
| 2007 | 13.5 | 47.61% |
| 2006 | 9.17 | 115.94% |
| 2005 | 4.25 | -312.19% |
| 2004 | -2.00 | -86.48% |
| 2003 | -14.8 | 418.96% |
| 2002 | -2.85 | 1634.26% |
| 2001 | -0.1645 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PolyMet PLM | -3.82 | -95.39% | 🇨🇦 Canada |
 Iamgold
IAG | 124 | -249.15% | 🇨🇦 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.