Lundin Mining
LUN.TO
#2099
Rank
NZ$12.99 B
Marketcap
$16.72
Share price
-3.88%
Change (1 day)
62.71%
Change (1 year)

P/E ratio for Lundin Mining (LUN.TO)

P/E ratio as of November 2024 (TTM): 22.2

According to Lundin Mining 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.17. At the end of 2022 the company had a P/E ratio of 10.6.

P/E ratio history for Lundin Mining from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.644.37%
20217.31-81.02%
202038.549.16%
201925.868.46%
201815.338.37%
201711.1-314.09%
2016-5.18-21.7%
2015-6.61-125.48%
201425.944.08%
201318.0-23.07%
201223.490.7%
201112.3-12.13%
201014.0-55.57%
200931.4-7840.96%
2008-0.4061-98.34%
2007-24.5-289.88%
200612.9-31.3%
200518.8-58.21%
200445.0-79.57%
2003220-1348.94%
2002-17.6

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.