P/E ratio for Vista Gold (VGZ)
P/E ratio as of April 2024 (TTM): -9.17
According to Vista Gold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.16667. At the end of 2022 the company had a P/E ratio of -11.7.
P/E ratio history for Vista Gold from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.7 | 130.76% |
| 2021 | -5.07 | -101.94% |
| 2020 | 262 | -3327.9% |
| 2019 | -8.11 | 37.74% |
| 2018 | -5.89 | 9.37% |
| 2017 | -5.38 | -77.56% |
| 2016 | -24.0 | -185.71% |
| 2015 | 28.0 | -2400% |
| 2014 | -1.22 | 137.07% |
| 2013 | -0.5135 | -81.55% |
| 2012 | -2.78 | -165.28% |
| 2011 | 4.26 | -105.35% |
| 2010 | -79.7 | 62.59% |
| 2009 | -49.0 | 1168.75% |
| 2008 | -3.86 | -69.33% |
| 2007 | -12.6 | -76.65% |
| 2006 | -53.9 | 144.21% |
| 2005 | -22.1 | 86% |
| 2004 | -11.9 | -41.16% |
| 2003 | -20.2 | 58.29% |
| 2002 | -12.8 | 813.75% |
| 2001 | -1.40 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Newmont NEM | -37.4 | 308.40% | 🇺🇸 USA |
 Royal Gold
RGLD | 34.6 | -477.98% | 🇺🇸 USA |
 Golden Star Resources
GSS | N/A | N/A | 🇨🇦 Canada |
 Hecla Mining
HL | -65.9 | 619.10% | 🇺🇸 USA |
 Comstock Mining LODE | -1.12 | -87.79% | 🇺🇸 USA |
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.