P/E ratio for Hudbay Minerals (HBM)
P/E ratio as of June 2024 (TTM): -75.2
According to Hudbay Minerals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -75.1538. At the end of 2022 the company had a P/E ratio of 19.5.
P/E ratio history for Hudbay Minerals from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.5 | -350.14% |
| 2021 | -7.80 | -38.75% |
| 2020 | -12.7 | 304.82% |
| 2019 | -3.14 | -121.98% |
| 2018 | 14.3 | -7.36% |
| 2017 | 15.4 | -140.63% |
| 2016 | -38.0 | 1302.62% |
| 2015 | -2.71 | -108.6% |
| 2014 | 31.5 | -310.83% |
| 2013 | -14.9 | -82.87% |
| 2012 | -87.2 | 699.86% |
| 2011 | -10.9 | -109.57% |
| 2010 | 114 | 479.29% |
| 2009 | 19.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wheaton Precious Metals WPM | 41.3 | -154.92% | 🇨🇦 Canada |
 Taseko Mines
TGB | -98.7 | 31.36% | 🇨🇦 Canada |
 PolyMet PLM | -3.82 | -94.92% | 🇨🇦 Canada |
 Western Copper and Gold WRN | -50.9 | -32.29% | 🇨🇦 Canada |
 Turquoise Hill Resources
TRQ | 14.4 | -119.17% | 🇨🇦 Canada |
 Teck Resources
TECK | 16.3 | -121.66% | 🇨🇦 Canada |
 Southern Copper SCCO | 31.8 | -142.34% | 🇺🇸 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.