P/E ratio for First Majestic Silver (AG)

P/E ratio history for First Majestic Silver from 2007 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Hecla Mining HL	-64.4	571.96%	🇺🇸 USA
Endeavour Silver EXK	75.7	-890.39%	🇨🇦 Canada
Pan American Silver PAAS	-17.1	79.05%	🇨🇦 Canada
SSR Mining SSRM	6.86	-171.60%	🇨🇦 Canada
MAG Silver MAG	45.4	-573.55%	🇨🇦 Canada
Silvercorp Metals SVM	27.6	-388.55%	🇨🇦 Canada
Wheaton Precious Metals WPM	42.4	-542.80%	🇨🇦 Canada
Great Panther Mining GPLDF	-0.0001	-100.00%	🇨🇦 Canada

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.