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METC Ramaco Resources PE ratio, current and historical analysis

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  3. NASDAQ: METC
  4. PE Ratio

The PE ratio for Ramaco Resources stock stands at 8.89 as of May 7, 2024. This is calculated based on the TTM EPS of $1.77 and the stock price of $15.73 per share. An increase of 36% has been observed in the PE ratio compared to its average of 6.5 of the last four quarters.

METC PE ratio history

How has METC's PE ratio performed in the past

Over the last six years, the average PE ratio of Ramaco Resources has been 15.62. The current 8.89 P/E ratio is 43% lower than the historical average. Looking back at the last six years, METC's PE ratio peaked in the Sep 2020 quarter at 70, with a price of $3.5 and an EPS of $0.05. The Dec 2022 quarter marked the lowest point at 3.34, with a price of $8.79 and an EPS of $2.63.

Average
15.62
Median
7.86
Minimum
3.34
Maximum
70

Ramaco Resources PE ratio by year

Maximum annual increase: 190.72% in 2023

Maximum annual decrease: -77.9% in 2022

Year PE ratio Change
2023 9.71 190.72%
2022 3.34 -77.9%
2021 15.11 N/A
2020 N/A N/A
2019 5.87 -25.32%
2018 7.86 N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A
2014 N/A N/A

METC average PE ratio chart

What is the average PE ratio of METC for the past years

Currently, METC's PE ratio is lower than its 3 and 5-year averages.

3-year avg
13.7
5-year avg
14.83
10-year avg
N/A
15-year avg
N/A

METC PE vs peers

What is METC's PE ratio compared to its peers
Stock name PE ratio Market cap
METC Ramaco Resources Inc 9.01 $846.78M
NC Nacco Industries Inc N/A $237.67M

Frequently asked questions

What is Ramaco Resources's PE ratio?

As of May 7, 2024, METC stock has a price to earnings ratio of 8.89.

What is the 3-year average PE ratio for Ramaco Resources (METC)?

Over the last 3 years, the average price to earnings ratio for METC stock is 13.7.

What is the 5-year average PE ratio for Ramaco Resources (METC)?

Over the last 5 years, the average price to earnings ratio for METC stock is 14.83.

What is the highest PE ratio for METC?

Over the last six years, the quarterly PE ratio reached its highest level at 70 in the Sep 2020 quarter.

How does the current PE ratio for METC compare to its historical average?

The current PE ratio of METC is 43% lower than the 6-year historical average.

Why is Ramaco Resources's PE ratio so low?

METC's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is METC's PE ratio calculated (Ramaco Resources PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 7, 2024), Ramaco Resources's share price is $15.73. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.77. Therefore, Ramaco Resources's PE ratio for today is 8.89. PE RATIO(8.89) = STOCK PRICE($15.73) / TTM EPS($1.77)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.