Higher debt means greater financial risk and lower coverage ratios. .

It measures how much investors are willing to pay for a company relative to its current earnings, which reflects investors' expectations of future earnings growth. Metal Mining Industry's current Price to earnings ratio has decreased due to shareprice contraction of -14.73 %, from beginning of the first quarter and despite the sequtial net income for the trailig twelve month period increase of 14.1 %, to Pe of 10.20, from average the Price to earnings ratio in the forth quarter of 13.86. The regular P/E ratio is a current stock price over its earnings per share. If the forward P/E ratio is higher than the current P/E ratio . Gold Fields Limited is a South African-based precious metals mining company with a market capitalization of $9.66 billion and an enterprise value of $10.73 billion. 75% of retail CFD accounts lose money. Get your personalized toplist: Find my broker. 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. 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. / = As an example, if share A is trading at $24 and the earnings per share for the most recent 12-month period is $3, then share A has a P/E ratio . The formula to calculate the P/E ratio is to divide the share price with the earnings per share. The P/E ratio is calculated as a stock's current share price divided by its EPS for a twelve-month period, usually the last 12 months, also called the trailing 12 months. For comparison, its industry sports an average P/E of 23.97. Not only should the net cash position reduce risk, but the recent growth has been impressive. The P/E ratio of the hospitality sector stood at 11.34 times, followed by the services sector, 11.42 times, and energy sector at 11.62 times. Answer (1 of 4): P/E ratio is the company's price to earning ratio. MP Materials Corp.: MP Materials is a rare earth materials mining and processing company. P/E Ratio. The extra options and safety that comes with Evolution Mining's AU$170m net cash position means that it deserves a higher P/E than it would if it had a lot of net debt. 49. All the data required to make these calculations are readily available in the company's financial records. The trailing twelve month P/E is currently 14.86. The current Shiller PE of the FTSE 100 is 15.64 (12/31/2021), considerable lower than the corresponding ratio of FTSE 250. 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. It goes like this P/E = Current market price of a company stock/ Earning per share Suppose it's an IT industry. Metal Mining Industry Price to Earning ratio is at 7.8 in the 2. . About PE Ratio (TTM) Price to Earnings Ratio or P/E is price / earnings. As such, PICK can be useful as a tool for tilting portfolio exposure towards the mining sector or betting on a short term . 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. The Bottom Line On Evolution Mining's P/E Ratio. That corresponds to an earnings yield of approximately 7.5%. The average price target for Metro Mining Limited is 0.05. The stock has a market capitalization of $69.45 million, a P/E ratio of -3.87 and a beta of 1.73. For the latest data, available on a monthly level, check the data subscriptions . Price to Earnings Growth Ratio. P/E Ratio Example. Eicher Motors is a classic example of the company benefiting from a better valuation due to low leverage and a low equity base. Average industry financial ratios for 'Mining' industry sector. Store B. The average industry P/E ratio for oil companies is 11 . The stock market as a whole (measured by the S&P 500) has had an average PE ratio (throughout it's history) of 15.54. What is Highland Gold Mining's P/E ratio? The table below lists the CAPE Ratio & P/E (TTM) of the FTSE 100 and FTSE 250 indices. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Calculating the P/E ratio is quite straightforward - you just divide a company's share price (or market value per share) by its EPS: P/E ratio = market value per share earnings per share . asset management companies, experienced wealth . Well, based on the last twelve months it is 13.3. In most cases a fund with a high average P/E ratio has paid a premium for stocks that have a high potential for increased earnings. 2022 was $4.29. Price to Book Value per Share Ratio. . Mining: average industry financial ratios for U.S. listed companies Industry: B - Mining Measure of center: Financial ratio Year; 2021 2020 2019 2018 2017 2016; Solvency Ratios; Debt ratio : 0.49: 0.53: 0.52: 0.54 . . The real gross value added of the mining industry accounted for over 10 percent of the total gross value added in Australia, making it one of the largest economic industries in the country. The P/E ratio of ArcelorMittal is 1.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 35.90. + VIEW MORE.

If you look at the image below, you can see Cleveland-Cliffs has a lower P/E than the average (13.4) in the metals and mining industry classification. Since 1988 it has more than doubled the S&P 500 . Say a company has a share . A company with a high negative (near 0) P/E . Over the past year, ACI's Forward P/E has been as high as 13.32 and as low as 5.35, with a median of 9.15. Over history, the average P/E ratio of the stock market has been around 15-17. AIM:HGM Price Estimation Relative to Market, May 29th 2019. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. companies: 6,314 average P/E ratio (TTM): 11.0. 5.00. Hycroft Mining Holding has seen its stock lose-62.41% over the past year, underperforming other precious metal stocks by -10 percentage points. I'm sure if you search other threads you'll find average P/E's by sector- as it does very much depend on the sector what an "average" P.E. Unlocking opportunities in Metal and Mining Get app . 54.99. A strip ratio of 10x and a depletion of 4.5 Mtonnes equates to 49.5 Mtonnes of material moved. Analyst Report. banks, retail) they trade pretty close to 14-16. The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). The P/E ratio indicates whether the market has higher or lower expectations of a company.

The EV/EBITDA NTM ratio is a more precise measure than the P/E ratio because it takes into account both the company pure operational earning measure (EBITDA vs. Net Profit) and a company overall value indicator that also includes financial debt, cash position and minority interests which are key indicators when valuing a firm market value . Story continues. Find the latest Pe Ratio (TTM) for Stronghold Digital Mining (SDIG) . The long-term average P/E for the S&P 500 is around 16x,. The P/E ratio indicates whether the market has higher or lower expectations of a company. 78.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). If the market multiple is 23.0 and the P/E ratio of a company is 27.4, then the stock's relative P/E is: A) 4.40 B) 3.21 C) 1.19 D) 0.84 . Hecla Mining Company: 3.90%: . Gold Resource PE ratio as of July 01, 2022 is 14.08. The PE ratio is calculated by dividing a company's share price by the earnings per share (EPS) figure. The earnings per share of a company indicates its profitability and is calculated by dividing the company's net income with the total number of shares outstanding. XME ETF Database Category Average FactSet Segment Average; Dividend $ 0.07 $ 0.43 $ 0.07 Dividend Date 2021-09-20 N/A N/A Annual Dividend Rate $ 0.31 $ 0.89 This basket of industrial companies has an average P/E ratio of just 16.1. . Over . To give you some sense of what average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range. 74-89% of retail CFD accounts lose money. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. XME Dividend This section compares the dividend yield of this ETF to its peers. The forward P/E ratio is a current stock's price over its "predicted" earnings per share. For example, ratios like P/E 10 helps to average the past 10 years of earnings. Zhengzhou Coal Mining Machinery Group has a P/E of 3.8.

Share price divided by earnings per share = P/E ratio. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. If the fund's average P/E ratio is low, the . 5,000.00. First Quantum Minerals has a PEG Ratio of 2.77. It measures how much investors are willing to pay for a company relative to its current earnings, which reflects investors' expectations of future earnings growth. The industry P/E represents the average P/E ratios of all the companies in the IT industry. The formula is as follows: TAC = [Cost to Acquire + Cost to Build + Cost to Operate] / Total Ounces We can interpret this data by saying that in Store B, we only have to spend 5 to get a business that earns 1. 1,000. That soared a stupendous 66.2% year-over-year from Q2'19's $439, which resulted from much-lower $1309 average gold prices and $870 average AISCs. Have a Long-Term Mindset 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. Tech stock P/E's are being led by high P/E names like Autodesk, Fiserv, Microchip, Paycom Software, salesforce.com, and Tyler Technologies. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The stock is trading with P/E ratio of 12.80 right now. The firm has a market cap of C$138.49 million and a P/E ratio of -1.76. Metal Mining: average industry financial ratios for U.S. listed companies Industry: 10 - Metal Mining Measure of center: Financial ratio Year; 2021 2020 2019 2018 2017 2016; Solvency Ratios . The net present value of the mine would be calculated based on the $100 margin. The average P/E ratio for tech stocks (information technology sector) of 42.4 in 2021 continues to outpace other sectors, with only the real estate sector seeing a higher average P/E in 2021 of 56.4. . The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. It operates Namisa and Casa de Pedra mining projects. Average price/earnings ratio of stocks owned by a mutual fund. The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). 4.4. As companies within the same industry tend to work in similar environments, it's always best to compare the P/E to the average within that particular industry. PEG Ratio. 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. The company was incorporated in 2007 and is based in So Paulo, Brazil. . The P/E ratio is calculated as a stock's current share price divided by its earnings per share for a 12-month period. 50. The highest analyst price target is 0.05 ,the lowest forecast is 0.05. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. That's higher than the average in its market, which is 14.4. The P/E ratio is calculated. Investors will also notice that ACI has a PEG ratio of 1.07. View CSN Minerao S.A.'s P/E Ratio (Adjusted) trends, charts, and more. Kipp said: Yes 35 is high. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. In fact, if you look at the companies with higher than average P/E Ratio, they are companies that are not leveraged too much and have a low equity base. . The Bottom Line On Zhengzhou Coal Mining Machinery Group's P/E Ratio. A stock trading at $40 per share with an EPS of $2 has a P/E ratio of 20 . Average industry financial ratios for 'Metal Mining' industry sector. If the gold price increases by 20% to $600 an ounce the net present value of the mine will double, since the margin . . The ratio is used for valuing companies and to find out whether they are overvalued or undervalued.

A company with a high negative (near 0) P/E . Vale's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. Similarly, ratios like P/E 30 averages the past 30 years of earnings.

A company with a high negative (near 0) P/E . top precious metal stock with a Zen Score of 43, which is 21 points higher than the precious metal industry average of 22.It passed 14 out of 33 due diligence checks and has strong fundamentals. At the time. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.13 . The formula for the price to earnings ratio, also referred to as the P/E Ratio, is the price per share divided by earnings per share. The below average P/E ratio suggests that market participants don't . If you look at the image below, you can see Cleveland-Cliffs has a lower P/E than the average (13.4) in . For example, the retail industry had an average P/E of 20.54 as of writing, while the tech industry had one of 31. Evolution Mining trades on a P/E ratio of 22.4, which is above its market average of 12.5. This ETF offers a way to access the global mining industry through an international basket of companies engaged in the extraction and production of metals, including aluminum, steel, and precious metals. The average price target for Metro Mining Limited is A$0.08. What is Average P/E Ratio? Historical PE ratios & stock market performance. With a price-earnings ratio of . Based on some studies. 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. The industry P/E ratio . IG. For example, if company PDS reports an EPS of R1.50 and its stock is selling for . As companies within a particular industry tend to work in similar environments . Price to Earnings Ratio vs. Sector. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. is. . The average price target represents 370.59% Increase from the current price of <A$0.1. We can see in the image below that the average P/E (8.3) for companies in the metals and mining industry is higher than Boliden's P/E. 88.10. . But the average P/E of the stock market has fluctuated for many reasons over time, and actually has rarely traded right at that average 15-17 mark. Say you have $100,000 in Total Assets, and $1,000,000 in Net Sales, your Assets to Sales would be 100,000 / 1,000,000 or 1 : 10 or 1/10 = .10 or 10%. As they say, "comparing apples to apples." To ma. The total material moved is calculated by multiplying the strip ratio with the ore depleted, then adding the ore depleted. So, if a fictional company called Acme Adhesives currently trades at $100 per share, and the company earns $25 of profit per share of stock over 12 months, then Acme's P/E . The price to earnings ratio is used as a quick calculation for how a company's stock is perceived by the market to be worth relative to the company's earnings. PE ratio = share price/earnings per share. Answer (1 of 2): The short answer is that companies from different industries have different typical P/E ratios because the P/E ratio alone means nothing. For example, a PE of 15 for a house building company means little unless an . The company has a quick ratio of 0.05, a current ratio of 0.09 and a debt-to-equity ratio of 249.02.

And that Store A actually is twice as expensive because we have to spend 10 to get the same 1 earning. Highland Gold Mining has a higher P/E than the average company (9.9) in the metals and mining industry. The P/E ratio of First Quantum Minerals is 12.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.60. As of today (2022-06-30), Vale's share price is $15.19 . The value of the P/E ratio is for comparing one company to other companies that are similar. For example, an Assets to Sales Ratio = Total Assets / Net Sales. Its net cash position supports a higher P/E ratio, as does its solid recent earnings growth. Quarter 2022 for Metal Mining Industry, Price to Sales ratio is at 2.18, Price to Cash flow ratio is at 2.56, and Price to Book ratio is 2.54 More on Metal Mining Industry Valuation companies: 6,314 average P/E ratio (TTM): 11.0. It owns and operates the only active, scaled mining and processing site for rare earth materials in the. We'll apply a basic P/E ratio analysis to Public Joint Stock Company ALROSA-Nurba's (), to help you decide if the stock is worth further research.ALROSA-Nurba has a P/E ratio of 2.32, based on the last twelve months.In other words, at today's prices, investors are paying RUB2.32 for every RUB1 in prior .

It measures how much investors are willing to pay for a company relative to its current earnings, which reflects investors' expectations of future earnings growth. Metal Mining Industry's current Price to earnings ratio has decreased due to shareprice contraction of -14.73 %, from beginning of the first quarter and despite the sequtial net income for the trailig twelve month period increase of 14.1 %, to Pe of 10.20, from average the Price to earnings ratio in the forth quarter of 13.86. The regular P/E ratio is a current stock price over its earnings per share. If the forward P/E ratio is higher than the current P/E ratio . Gold Fields Limited is a South African-based precious metals mining company with a market capitalization of $9.66 billion and an enterprise value of $10.73 billion. 75% of retail CFD accounts lose money. Get your personalized toplist: Find my broker. 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. 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. / = As an example, if share A is trading at $24 and the earnings per share for the most recent 12-month period is $3, then share A has a P/E ratio . The formula to calculate the P/E ratio is to divide the share price with the earnings per share. The P/E ratio is calculated as a stock's current share price divided by its EPS for a twelve-month period, usually the last 12 months, also called the trailing 12 months. For comparison, its industry sports an average P/E of 23.97. Not only should the net cash position reduce risk, but the recent growth has been impressive. The P/E ratio of the hospitality sector stood at 11.34 times, followed by the services sector, 11.42 times, and energy sector at 11.62 times. Answer (1 of 4): P/E ratio is the company's price to earning ratio. MP Materials Corp.: MP Materials is a rare earth materials mining and processing company. P/E Ratio. The extra options and safety that comes with Evolution Mining's AU$170m net cash position means that it deserves a higher P/E than it would if it had a lot of net debt. 49. All the data required to make these calculations are readily available in the company's financial records. The trailing twelve month P/E is currently 14.86. The current Shiller PE of the FTSE 100 is 15.64 (12/31/2021), considerable lower than the corresponding ratio of FTSE 250. 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. It goes like this P/E = Current market price of a company stock/ Earning per share Suppose it's an IT industry. Metal Mining Industry Price to Earning ratio is at 7.8 in the 2. . About PE Ratio (TTM) Price to Earnings Ratio or P/E is price / earnings. As such, PICK can be useful as a tool for tilting portfolio exposure towards the mining sector or betting on a short term . 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. The Bottom Line On Evolution Mining's P/E Ratio. That corresponds to an earnings yield of approximately 7.5%. The average price target for Metro Mining Limited is 0.05. The stock has a market capitalization of $69.45 million, a P/E ratio of -3.87 and a beta of 1.73. For the latest data, available on a monthly level, check the data subscriptions . Price to Earnings Growth Ratio. P/E Ratio Example. Eicher Motors is a classic example of the company benefiting from a better valuation due to low leverage and a low equity base. Average industry financial ratios for 'Mining' industry sector. Store B. The average industry P/E ratio for oil companies is 11 . The stock market as a whole (measured by the S&P 500) has had an average PE ratio (throughout it's history) of 15.54. What is Highland Gold Mining's P/E ratio? The table below lists the CAPE Ratio & P/E (TTM) of the FTSE 100 and FTSE 250 indices. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Calculating the P/E ratio is quite straightforward - you just divide a company's share price (or market value per share) by its EPS: P/E ratio = market value per share earnings per share . asset management companies, experienced wealth . Well, based on the last twelve months it is 13.3. In most cases a fund with a high average P/E ratio has paid a premium for stocks that have a high potential for increased earnings. 2022 was $4.29. Price to Book Value per Share Ratio. . Mining: average industry financial ratios for U.S. listed companies Industry: B - Mining Measure of center: Financial ratio Year; 2021 2020 2019 2018 2017 2016; Solvency Ratios; Debt ratio : 0.49: 0.53: 0.52: 0.54 . . The real gross value added of the mining industry accounted for over 10 percent of the total gross value added in Australia, making it one of the largest economic industries in the country. The P/E ratio of ArcelorMittal is 1.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 35.90. + VIEW MORE.

If you look at the image below, you can see Cleveland-Cliffs has a lower P/E than the average (13.4) in the metals and mining industry classification. Since 1988 it has more than doubled the S&P 500 . Say a company has a share . A company with a high negative (near 0) P/E . Over the past year, ACI's Forward P/E has been as high as 13.32 and as low as 5.35, with a median of 9.15. Over history, the average P/E ratio of the stock market has been around 15-17. AIM:HGM Price Estimation Relative to Market, May 29th 2019. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. companies: 6,314 average P/E ratio (TTM): 11.0. 5.00. Hycroft Mining Holding has seen its stock lose-62.41% over the past year, underperforming other precious metal stocks by -10 percentage points. I'm sure if you search other threads you'll find average P/E's by sector- as it does very much depend on the sector what an "average" P.E. Unlocking opportunities in Metal and Mining Get app . 54.99. A strip ratio of 10x and a depletion of 4.5 Mtonnes equates to 49.5 Mtonnes of material moved. Analyst Report. banks, retail) they trade pretty close to 14-16. The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). The P/E ratio indicates whether the market has higher or lower expectations of a company.

The EV/EBITDA NTM ratio is a more precise measure than the P/E ratio because it takes into account both the company pure operational earning measure (EBITDA vs. Net Profit) and a company overall value indicator that also includes financial debt, cash position and minority interests which are key indicators when valuing a firm market value . Story continues. Find the latest Pe Ratio (TTM) for Stronghold Digital Mining (SDIG) . The long-term average P/E for the S&P 500 is around 16x,. The P/E ratio indicates whether the market has higher or lower expectations of a company. 78.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). If the market multiple is 23.0 and the P/E ratio of a company is 27.4, then the stock's relative P/E is: A) 4.40 B) 3.21 C) 1.19 D) 0.84 . Hecla Mining Company: 3.90%: . Gold Resource PE ratio as of July 01, 2022 is 14.08. The PE ratio is calculated by dividing a company's share price by the earnings per share (EPS) figure. The earnings per share of a company indicates its profitability and is calculated by dividing the company's net income with the total number of shares outstanding. XME ETF Database Category Average FactSet Segment Average; Dividend $ 0.07 $ 0.43 $ 0.07 Dividend Date 2021-09-20 N/A N/A Annual Dividend Rate $ 0.31 $ 0.89 This basket of industrial companies has an average P/E ratio of just 16.1. . Over . To give you some sense of what average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range. 74-89% of retail CFD accounts lose money. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. XME Dividend This section compares the dividend yield of this ETF to its peers. The forward P/E ratio is a current stock's price over its "predicted" earnings per share. For example, ratios like P/E 10 helps to average the past 10 years of earnings. Zhengzhou Coal Mining Machinery Group has a P/E of 3.8.

Share price divided by earnings per share = P/E ratio. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. If the fund's average P/E ratio is low, the . 5,000.00. First Quantum Minerals has a PEG Ratio of 2.77. It measures how much investors are willing to pay for a company relative to its current earnings, which reflects investors' expectations of future earnings growth. The industry P/E represents the average P/E ratios of all the companies in the IT industry. The formula is as follows: TAC = [Cost to Acquire + Cost to Build + Cost to Operate] / Total Ounces We can interpret this data by saying that in Store B, we only have to spend 5 to get a business that earns 1. 1,000. That soared a stupendous 66.2% year-over-year from Q2'19's $439, which resulted from much-lower $1309 average gold prices and $870 average AISCs. Have a Long-Term Mindset 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. Tech stock P/E's are being led by high P/E names like Autodesk, Fiserv, Microchip, Paycom Software, salesforce.com, and Tyler Technologies. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The stock is trading with P/E ratio of 12.80 right now. The firm has a market cap of C$138.49 million and a P/E ratio of -1.76. Metal Mining: average industry financial ratios for U.S. listed companies Industry: 10 - Metal Mining Measure of center: Financial ratio Year; 2021 2020 2019 2018 2017 2016; Solvency Ratios . The net present value of the mine would be calculated based on the $100 margin. The average P/E ratio for tech stocks (information technology sector) of 42.4 in 2021 continues to outpace other sectors, with only the real estate sector seeing a higher average P/E in 2021 of 56.4. . The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. It operates Namisa and Casa de Pedra mining projects. Average price/earnings ratio of stocks owned by a mutual fund. The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). 4.4. As companies within the same industry tend to work in similar environments, it's always best to compare the P/E to the average within that particular industry. PEG Ratio. 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. The company was incorporated in 2007 and is based in So Paulo, Brazil. . The P/E ratio is calculated as a stock's current share price divided by its earnings per share for a 12-month period. 50. The highest analyst price target is 0.05 ,the lowest forecast is 0.05. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. That's higher than the average in its market, which is 14.4. The P/E ratio is calculated. Investors will also notice that ACI has a PEG ratio of 1.07. View CSN Minerao S.A.'s P/E Ratio (Adjusted) trends, charts, and more. Kipp said: Yes 35 is high. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. In fact, if you look at the companies with higher than average P/E Ratio, they are companies that are not leveraged too much and have a low equity base. . The Bottom Line On Zhengzhou Coal Mining Machinery Group's P/E Ratio. A stock trading at $40 per share with an EPS of $2 has a P/E ratio of 20 . Average industry financial ratios for 'Metal Mining' industry sector. If the gold price increases by 20% to $600 an ounce the net present value of the mine will double, since the margin . . The ratio is used for valuing companies and to find out whether they are overvalued or undervalued.

A company with a high negative (near 0) P/E . Vale's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. Similarly, ratios like P/E 30 averages the past 30 years of earnings.

A company with a high negative (near 0) P/E . top precious metal stock with a Zen Score of 43, which is 21 points higher than the precious metal industry average of 22.It passed 14 out of 33 due diligence checks and has strong fundamentals. At the time. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.13 . The formula for the price to earnings ratio, also referred to as the P/E Ratio, is the price per share divided by earnings per share. The below average P/E ratio suggests that market participants don't . If you look at the image below, you can see Cleveland-Cliffs has a lower P/E than the average (13.4) in . For example, the retail industry had an average P/E of 20.54 as of writing, while the tech industry had one of 31. Evolution Mining trades on a P/E ratio of 22.4, which is above its market average of 12.5. This ETF offers a way to access the global mining industry through an international basket of companies engaged in the extraction and production of metals, including aluminum, steel, and precious metals. The average price target for Metro Mining Limited is A$0.08. What is Average P/E Ratio? Historical PE ratios & stock market performance. With a price-earnings ratio of . Based on some studies. 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. The industry P/E ratio . IG. For example, if company PDS reports an EPS of R1.50 and its stock is selling for . As companies within a particular industry tend to work in similar environments . Price to Earnings Ratio vs. Sector. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. is. . The average price target represents 370.59% Increase from the current price of <A$0.1. We can see in the image below that the average P/E (8.3) for companies in the metals and mining industry is higher than Boliden's P/E. 88.10. . But the average P/E of the stock market has fluctuated for many reasons over time, and actually has rarely traded right at that average 15-17 mark. Say you have $100,000 in Total Assets, and $1,000,000 in Net Sales, your Assets to Sales would be 100,000 / 1,000,000 or 1 : 10 or 1/10 = .10 or 10%. As they say, "comparing apples to apples." To ma. The total material moved is calculated by multiplying the strip ratio with the ore depleted, then adding the ore depleted. So, if a fictional company called Acme Adhesives currently trades at $100 per share, and the company earns $25 of profit per share of stock over 12 months, then Acme's P/E . The price to earnings ratio is used as a quick calculation for how a company's stock is perceived by the market to be worth relative to the company's earnings. PE ratio = share price/earnings per share. Answer (1 of 2): The short answer is that companies from different industries have different typical P/E ratios because the P/E ratio alone means nothing. For example, a PE of 15 for a house building company means little unless an . The company has a quick ratio of 0.05, a current ratio of 0.09 and a debt-to-equity ratio of 249.02.

And that Store A actually is twice as expensive because we have to spend 10 to get the same 1 earning. Highland Gold Mining has a higher P/E than the average company (9.9) in the metals and mining industry. The P/E ratio of First Quantum Minerals is 12.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.60. As of today (2022-06-30), Vale's share price is $15.19 . The value of the P/E ratio is for comparing one company to other companies that are similar. For example, an Assets to Sales Ratio = Total Assets / Net Sales. Its net cash position supports a higher P/E ratio, as does its solid recent earnings growth. Quarter 2022 for Metal Mining Industry, Price to Sales ratio is at 2.18, Price to Cash flow ratio is at 2.56, and Price to Book ratio is 2.54 More on Metal Mining Industry Valuation companies: 6,314 average P/E ratio (TTM): 11.0. It owns and operates the only active, scaled mining and processing site for rare earth materials in the. We'll apply a basic P/E ratio analysis to Public Joint Stock Company ALROSA-Nurba's (), to help you decide if the stock is worth further research.ALROSA-Nurba has a P/E ratio of 2.32, based on the last twelve months.In other words, at today's prices, investors are paying RUB2.32 for every RUB1 in prior .