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 |
|---|---|---|
| 2021 | 19.8 | -202.02% |
| 2020 | -19.4 | 610.8% |
| 2019 | -2.73 | -37.11% |
| 2018 | -4.34 | -122.22% |
| 2017 | 19.5 | -339.59% |
| 2016 | -8.16 | 398.89% |
| 2015 | -1.63 | -60.79% |
| 2014 | -4.17 | -66.11% |
| 2013 | -12.3 | -69.17% |
| 2012 | -39.9 | -300.43% |
| 2011 | 19.9 | 208.17% |
| 2010 | 6.46 | -91.19% |
| 2009 | 73.3 | 1042.85% |
| 2008 | 6.41 | -55.12% |
| 2007 | 14.3 | 71.21% |
| 2006 | 8.35 | 43.57% |
| 2005 | 5.81 | -439.43% |
| 2004 | -1.71 | -69.14% |
| 2003 | -5.55 | 210.91% |
| 2002 | -1.79 | 736.92% |
| 2001 | -0.2133 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PolyMet PLM | -3.78 | -91.65% | 🇨🇦 Canada |
 Iamgold
IAG | 70.7 | -255.92% | 🇨🇦 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.