China Gold International Resources
CGG.TO
#4171
Rank
โ‚น181.71 B
Marketcap
โ‚น458.40
Share price
-0.52%
Change (1 day)
36.18%
Change (1 year)

P/E ratio for China Gold International Resources (CGG.TO)

P/E ratio as of November 2024 (TTM): 22.9

According to China Gold International Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9121. At the end of 2022 the company had a P/E ratio of 5.13.

P/E ratio history for China Gold International Resources from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.1330.01%
20213.94-21.96%
20205.05-146.38%
2019-10.9-88.54%
2018-95.1-910.26%
201711.7-126.76%
2016-43.9-39.17%
2015-72.1-506.91%
201417.7-3.05%
201318.3-4.56%
201219.152.54%
201112.6-68.34%
201039.7-173.44%
2009-54.0-1595.74%
20083.61-114.45%
2007-25.011.53%
2006-22.4501.64%
2005-3.72-15.68%
2004-4.41-74.19%
2003-17.1

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.