P/E ratio for Exxaro Resources (EXX.JO)
P/E ratio at the end of 2022: 3.48
According to Exxaro Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.86458. At the end of 2022 the company had a P/E ratio of 3.48.
P/E ratio history for Exxaro Resources from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.48 | 33.4% |
| 2021 | 2.61 | -31.4% |
| 2020 | 3.80 | 49.31% |
| 2019 | 2.55 | -31.01% |
| 2018 | 3.69 | -34.68% |
| 2017 | 5.65 | 35.86% |
| 2016 | 4.16 | -90.99% |
| 2015 | 46.2 | -275.84% |
| 2014 | -26.2 | -653.33% |
| 2013 | 4.74 | 67.38% |
| 2012 | 2.83 | -15.05% |
| 2011 | 3.34 | 1.98% |
| 2010 | 3.27 | -75.98% |
| 2009 | 13.6 | 279.12% |
| 2008 | 3.59 | -61.14% |
| 2007 | 9.24 | 2568.33% |
| 2006 | 0.3465 | -57.33% |
| 2005 | 0.8120 |
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.