Lifezone Metals
LZM
#5678
Rank
$0.73 B
Marketcap
$9.21
Share price
3.48%
Change (1 day)
-28.27%
Change (1 year)

P/E ratio for Lifezone Metals (LZM)

P/E ratio at the end of 2022: -35.0

According to Lifezone Metals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -31.0153. At the end of 2022 the company had a P/E ratio of -35.0.

P/E ratio history for Lifezone Metals from 2021 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-35.0-19.96%
2021-43.7

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.