P/E ratio for Yancoal (YAL.AX)
P/E ratio at the end of 2021: 3.94
According to Yancoal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.61229. At the end of 2021 the company had a P/E ratio of 3.94.
P/E ratio history for Yancoal from 2012 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.94 | -246.17% |
| 2020 | -2.70 | -154.54% |
| 2019 | 4.94 | -4.43% |
| 2018 | 5.17 | -28.78% |
| 2017 | 7.26 | -476.52% |
| 2016 | -1.93 | 528.64% |
| 2015 | -0.3069 | -0.39% |
| 2014 | -0.3081 | -51.89% |
| 2013 | -0.6403 | -145.88% |
| 2012 | 1.40 |
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.