P/E ratio for Trilogy Metals (TMQ)
P/E ratio as of April 2024 (TTM): -3.42
According to Trilogy Metals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.41667. At the end of 2022 the company had a P/E ratio of -3.24.
P/E ratio history for Trilogy Metals from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.24 | -72.55% |
| 2021 | -11.8 | -777.68% |
| 2020 | 1.74 | -114.05% |
| 2019 | -12.4 | 28.82% |
| 2018 | -9.61 | 76.35% |
| 2017 | -5.45 | -46.57% |
| 2016 | -10.2 | 337.14% |
| 2015 | -2.33 | -19.05% |
| 2014 | -2.88 | -10.87% |
| 2013 | -3.23 | 19.45% |
| 2012 | -2.71 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northern Dynasty Minerals NAK | -7.96 | 133.11% | 🇨🇦 Canada |
 Turquoise Hill Resources
TRQ | 14.4 | -521.71% | 🇨🇦 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.