P/E ratio for Harmony Gold (HMY)
P/E ratio as of May 2024 (TTM): -1.66
According to Harmony Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.65543. At the end of 2015 the company had a P/E ratio of -0.1025.
P/E ratio history for Harmony Gold from 2001 to 2012
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | -0.1025 | -70.05% |
| 2014 | -0.3423 | 20.52% |
| 2013 | -0.2840 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Iamgold
IAG | 126 | -7,711.32% | 🇨🇦 Canada |
 Gold Fields
GFI | N/A | N/A | 🇿🇦 South Africa |
 DRDGOLD DRD | 60.5 | -3,754.52% | 🇿🇦 South Africa |
 Barrick Gold GOLD | -418 | 25,150.24% | 🇨🇦 Canada |
 AngloGold Ashanti
AU | 28.9 | -1,842.86% | 🇿🇦 South Africa |
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.