Taseko Mines
TGB
#5993
Rank
$0.36 B
Marketcap
$1.27
Share price
-1.55%
Change (1 day)
28.28%
Change (1 year)

P/E ratio for Taseko Mines (TGB)

P/E ratio as of September 2023 (TTM): -45.3

According to Taseko Mines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.3225. At the end of 2021 the company had a P/E ratio of 19.8.

P/E ratio history for Taseko Mines from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202119.8-202.02%
2020-19.4610.8%
2019-2.73-37.11%
2018-4.34-122.22%
201719.5-339.59%
2016-8.16398.89%
2015-1.63-60.79%
2014-4.17-66.11%
2013-12.3-69.17%
2012-39.9-300.43%
201119.9208.17%
20106.46-91.19%
200973.31042.85%
20086.41-55.12%
200714.371.21%
20068.3543.57%
20055.81-439.43%
2004-1.71-69.14%
2003-5.55210.91%
2002-1.79736.92%
2001-0.2133

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.78-91.65%๐Ÿ‡จ๐Ÿ‡ฆ Canada
70.7-255.92%๐Ÿ‡จ๐Ÿ‡ฆ 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.