According to U.S. Global Investors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9324. At the end of 2023 the company had a P/E ratio of 13.8.
Year | P/E ratio | Change |
---|---|---|
2023 | 13.8 | -28.42% |
2022 | 19.3 | 563.29% |
2021 | 2.91 | -146.75% |
2020 | -6.23 | -14.93% |
2019 | -7.32 | -118.18% |
2018 | 40.3 | -178.92% |
2017 | -51.0 | 624.26% |
2016 | -7.04 | -33.67% |
2015 | -10.6 | -81.59% |
2014 | -57.7 | -74.37% |
2013 | -225 | -614.87% |
2012 | 43.7 | 208.26% |
2011 | 14.2 | -10.44% |
2010 | 15.8 | -126.03% |
2009 | -60.8 | -358.03% |
2008 | 23.6 | -5.41% |
2007 | 24.9 | 71.81% |
2006 | 14.5 | -43.08% |
2005 | 25.5 | 122.8% |
2004 | 11.4 | -93.82% |
2003 | 185 | -377.5% |
2002 | -66.7 | 585.36% |
2001 | -9.73 |
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.