Energy Resources of Australia
ERA.AX
#6649
Rank
โ‚น44.21 B
Marketcap
โ‚น0.11
Share price
0.00%
Change (1 day)
-95.64%
Change (1 year)

P/E ratio for Energy Resources of Australia (ERA.AX)

P/E ratio at the end of 2022: -1.14

According to Energy Resources of Australia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0218093. At the end of 2022 the company had a P/E ratio of -1.14.

P/E ratio history for Energy Resources of Australia from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-1.14-30.61%
2021-1.65-102.72%
202060.5370.44%
201912.9-5279.15%
2018-0.2482-97.02%
2017-8.331105.89%
2016-0.691023.96%
2015-0.5574-78.69%
2014-2.62-19.03%
2013-3.2379.06%
2012-1.80-25.67%
2011-2.43-109.04%
201026.8144.4%
200911.0-20.96%
200813.9-57.79%
200732.9-52.3%
200669.090.61%
200536.221.39%
200429.8-3.54%
200330.9118.66%
200214.1-66.52%
200142.3

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.