According to Alamos Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.381. At the end of 2024 the company had a P/E ratio of 26.3.
Year | P/E ratio | Change |
---|---|---|
2024 | 26.3 | 3.65% |
2023 | 25.4 | -75.76% |
2022 | 105 | |
2018 | -20.2 | -131.1% |
2017 | 64.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Kellanova
(Kellogg's) K | 19.6 | -53.67% | ๐บ๐ธ USA |
![]() Barrick Gold B | 22.7 | -46.39% | ๐จ๐ฆ Canada |
![]() New Gold NGD | 86.0 | 102.89% | ๐จ๐ฆ Canada |
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.