P/E ratio for U.S. Gold Corp (USAU)
P/E ratio as of April 2024 (TTM): -4.49
According to U.S. Gold Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.4898. At the end of 2022 the company had a P/E ratio of -3.78.
P/E ratio history for U.S. Gold Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.78 | -24.16% |
| 2021 | -4.98 | 17.43% |
| 2020 | -4.24 | 135.75% |
| 2019 | -1.80 | -4% |
| 2018 | -1.88 | 50.69% |
| 2017 | -1.24 | 12.41% |
| 2016 | -1.11 | 121.94% |
| 2015 | -0.4987 | -53.94% |
| 2014 | -1.08 | -15.04% |
| 2013 | -1.27 | 22.95% |
| 2012 | -1.04 | -52.86% |
| 2011 | -2.20 | -15.96% |
| 2010 | -2.62 | -62.21% |
| 2009 | -6.92 | -78.69% |
| 2008 | -32.5 | -139.27% |
| 2007 | 82.8 | 568.29% |
| 2006 | 12.4 | 45.95% |
| 2005 | 8.48 | -21.3% |
| 2004 | 10.8 | -508.09% |
| 2003 | -2.64 | -13.66% |
| 2002 | -3.06 | -104.4% |
| 2001 | 69.6 |
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.