Prime Mining Corp.
PRYM.TO
#8405
Rank
โ‚น11.85 B
Marketcap
โ‚น81.24
Share price
3.05%
Change (1 day)
-1.36%
Change (1 year)

P/E ratio for Prime Mining Corp. (PRYM.TO)

P/E ratio as of November 2024 (TTM): -7.05

According to Prime Mining Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.05289. At the end of 2023 the company had a P/E ratio of -8.33.

P/E ratio history for Prime Mining Corp. from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-8.335.26%
2022-7.92-68.24%
2021-24.9839.13%
2020-2.65-29.23%
2019-3.7533.93%
2018-2.80-76.67%
2017-12.0-614.29%
20162.33-255.56%
2015-1.50-25%
2014-2.003933.33%
2013-0.0496-97.17%
2012-1.75-69.04%
2011-5.67183.33%
2010-2.002506.67%
2009-0.0767-96.96%
2008-2.52

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.