BlackRock World Mining Trust Plc P/E
What is the P/E of BlackRock World Mining Trust Plc?
The P/E of BlackRock World Mining Trust Plc is 8.53
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 Finance sector on LSE compared to BlackRock World Mining Trust Plc
What does BlackRock World Mining Trust Plc do?
BlackRock World Mining Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the mining and metal sectors. The fund benchmarks the performance of its portfolio against the Euromoney Global Mining Index. It was formerly known as Merrill Lynch World Mining Trust PLC. BlackRock World Mining Trust plc was formed on December 15, 1993 and is domiciled in the United Kingdom.
Companies with p/e similar to BlackRock World Mining Trust Plc
- FVCBankcorp has P/E of 8.52
- FVCBankcorp has P/E of 8.52
- Emclaire has P/E of 8.52
- abrdn Global Income Fund Inc has P/E of 8.52
- YTO Express (International) has P/E of 8.52
- Swiss Re AG has P/E of 8.53
- BlackRock World Mining Trust Plc has P/E of 8.53
- Owl Rock Capital Corp has P/E of 8.53
- Banswara Syntex has P/E of 8.54
- FS KKR Capital Corp has P/E of 8.54
- Build A Bear Workshop Inc has P/E of 8.54
- Oppenheimer Inc has P/E of 8.54
- Appulse has P/E of 8.54