China Magnesium P/E
What is the P/E of China Magnesium?
The P/E of China Magnesium Corporation 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 China Magnesium
What does China Magnesium do?
Sovran White International Limited engages in processing and selling magnesium, coke, fertilizer, and related products in Western Australia and internationally. The company also offers magnesium alloys, as well as semi-coke, calcium metal, tar oil, and other industrial products. In addition, it is involved in the production of magnesium ingots. The company was formerly known as China Magnesium Corporation Limited and changed its name to Sovran White International Limited in June 2020. Sovran White International Limited was founded in 2007 and is based in Brisbane, Australia.
Companies with p/e similar to China Magnesium
- Delta Drone SA has P/E of N/A
- XIB I Capital has P/E of N/A
- Conquest Resources has P/E of N/A
- VRL Logistics has P/E of N/A
- Niuminco has P/E of N/A
- New Tech Minerals has P/E of N/A
- China Magnesium has P/E of N/A
- Toyam Industries has P/E of N/A
- Ardent Leisure has P/E of N/A
- Avrupa Minerals has P/E of N/A
- PyroGenesis Canada has P/E of N/A
- i3 Verticals Inc has P/E of N/A
- MercadoLibre has P/E of N/A