Coronado Global Resources
CRN.AX
#4918
Rank
HK$11.00 B
Marketcap
HK$5.97
Share price
-0.70%
Change (1 day)
-22.83%
Change (1 year)

P/E ratio for Coronado Global Resources (CRN.AX)

P/E ratio at the end of 2023: 18.4

According to Coronado Global Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1124. At the end of 2023 the company had a P/E ratio of 18.4.

P/E ratio history for Coronado Global Resources from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202318.4337.23%
20224.20-55.63%
20219.46-2076.28%
2020-0.4788-166.15%
20190.7238-72.01%
20182.59

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.