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Alderan Resources Limited Alderan Resources Limited

Alderan Resources Limited

AL8
Rank in Stocks #34837
Alderan Resources Limited conducts mineral exploration activities across the... Alderan Resources Limited conducts mineral exploration activities across the United States. The firm's primary objective is discovering valuable deposits of copper, gold, zinc, lead, and silver. Central to its operations is the flagship Detroit project, situated in Utah's Detroit Mining District. Established in 2013, the company maintains its corporate headquarters in Subiaco, Australia.
Share Price
$0.01622921
Last synced: 2025-01-06
Market Cap
$4.84M
Change (1 day)
13.64%
Change (1 year)
0.00%
Country
AU
Trade Alderan Resources Limited (AL8)
P/E ratio for Alderan Resources Limited (AL8)
P/E ratio as of August 2026 TTM: -3.77
According to Alderan Resources Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.77. At the end of 2023 the company had a P/E ratio of -1.35.
P/E ratio history for Alderan Resources Limited from 2014 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) -3.77 -2.38%
2024 -3.86 185.97%
2023 -1.35 263.47%
2022 -0.37 -92.76%
2021 -5.14 -63.54%
2020 -14.09 1,073.79%
2019 -1.20 -90.62%
2018 -12.80 -20.47%
2017 -16.09 90.56%
2016 -8.45 -55.08%
2015 -18.80 -63.98%
2014 -52.19 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
20.37 -640.68%
AU
- -
MX
32.55 -963.84%
SA
- -
BR
- -
CN
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.