Ares Strategic Mining Inc (ARS.CX)
0.16
0.00 (0.00%)
CAD |
CNSX |
Nov 15, 11:21
Ares Strategic Mining PE Ratio
PE Ratio Chart
Historical PE Ratio Data
Date | Value |
---|---|
November 15, 2024 |
Price to Earnings Ratio (PE Ratio) Definition
The Price to Earnings Ratio (PE Ratio) is calculated by taking the stock price / EPS Diluted (TTM). This metric is considered a valuation metric that confirms whether the earnings of a company justifies the stock price. There isn't necesarily an optimum PE ratio, since different industries will have different ranges of PE Ratios. Because of this, PE Ratio is great to evaluate from a relative standpoint with other similar companies.
PE Ratio Range, Past 5 Years
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PE Ratio Benchmarks
Labrador Iron Ore Royalty Corp | 9.500 |
Rockex Mining Corp | -- |
Black Iron Inc | -- |
Oceanic Iron Ore Corp | -- |
M3 Metals Corp | 8.833 |
PE Ratio Related Metrics
Price to Book Value | 2.141 |
Price | 0.16 |
Earnings Yield | -8.53% |
Market Cap | 27.75M |