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	-75.0	647.73%	🇺🇸 USA
Endeavour Silver EXK	81.8	-915.19%	🇨🇦 Canada
Pan American Silver PAAS	-20.5	104.25%	🇨🇦 Canada
SSR Mining SSRM	8.94	-189.10%	🇨🇦 Canada
MAG Silver MAG	52.0	-617.89%	🇨🇦 Canada
Silvercorp Metals SVM	30.2	-400.78%	🇨🇦 Canada
Wheaton Precious Metals WPM	49.1	-589.64%	🇨🇦 Canada
Great Panther Mining GPLDF	-0.0074	-99.93%	🇨🇦 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.