Peak Resources P/E
What is the P/E of Peak Resources?
The P/E of Peak Resources Limited is N/A
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Materials sector on ASX compared to Peak Resources
What does Peak Resources do?
Peak Rare Earths Limited engages in the exploration and evaluation of mineral licenses in Tanzania. The company explores for neodymium and praseodymium rare earth mixed oxides. It holds a 100% interest in the Ngualla Rare Earth project located in southern Tanzania. The company was formerly known as Peak Resources Limited and changed its name to Peak Rare Earths Limited in December 2021. Peak Rare Earths Limited was incorporated in 2005 and is based in Perth, Australia.
Companies with p/e similar to Peak Resources
- Piccadily Sugar & Allied Industries has P/E of N/A
- JPMorgan Indian Investment Trust Plc has P/E of N/A
- Omnicell has P/E of N/A
- Transunion Dl ,01 has P/E of N/A
- innogy SE has P/E of N/A
- Seabridge Gold has P/E of N/A
- Peak Resources has P/E of N/A
- American Superconductor has P/E of N/A
- Aviva Plc has P/E of N/A
- CMGE Technology has P/E of N/A
- Hinterland Metals has P/E of N/A
- North American Nickel has P/E of N/A
- M.R.M. SA has P/E of N/A