De Grey Mining
DEG.AX
#4177
Rank
NZ$3.62 B
Marketcap
$1.51
Share price
-1.79%
Change (1 day)
21.90%
Change (1 year)

P/E ratio for De Grey Mining (DEG.AX)

P/E ratio at the end of 2023: -107

According to De Grey Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -111.737. At the end of 2023 the company had a P/E ratio of -107.

P/E ratio history for De Grey Mining from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-1072.44%
2022-104-59.69%
2021-25925.82%
2020-2061247.55%
2019-15.3-22.5%
2018-19.7838.1%
2017-2.10-53.18%
2016-4.49156.81%
2015-1.75-50.92%
2014-3.56773.6%
2013-0.4076-74.06%
2012-1.57-24.83%
2011-2.09-64.23%
2010-5.85110.81%
2009-2.77-34.88%
2008-4.2674.1%
2007-2.45112.21%
2006-1.15-40.83%
2005-1.95-78.67%
2004-9.1315.46%
2003-7.91

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.