P/E ratio for Trillium Gold Mines (TGM.V)
P/E ratio as of May 2024 (TTM): -0.0510
According to Trillium Gold Mines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.050976. At the end of 2022 the company had a P/E ratio of -0.1105.
P/E ratio history for Trillium Gold Mines from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.1105 | -53.3% |
| 2021 | -0.2367 | -49.85% |
| 2020 | -0.4719 | -11.14% |
| 2019 | -0.5310 | 27.98% |
| 2018 | -0.4149 | -14.68% |
| 2017 | -0.4863 | 106.36% |
| 2016 | -0.2357 | -61.6% |
| 2015 | -0.6137 | -11.03% |
| 2014 | -0.6897 | 3.46% |
| 2013 | -0.6667 | 140% |
| 2012 | -0.2778 | -61.07% |
| 2011 | -0.7135 | -42.15% |
| 2010 | -1.23 | 340.48% |
| 2009 | -0.2800 | 250% |
| 2008 | -0.0800 |
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.