GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Texas Mineral Resources Corp (OTCPK:TMRC) » Definitions » PE Ratio (TTM)

TMRC (Texas Mineral Resources) PE Ratio (TTM) : At Loss (As of Dec. 14, 2024)


View and export this data going back to . Start your Free Trial

What is Texas Mineral Resources PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-12-14), Texas Mineral Resources's share price is $0.31. Texas Mineral Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.01. Therefore, Texas Mineral Resources's PE Ratio (TTM) for today is At Loss.


The historical rank and industry rank for Texas Mineral Resources's PE Ratio (TTM) or its related term are showing as below:

TMRC' s PE Ratio (TTM) Range Over the Past 10 Years
Min: At Loss   Med: At Loss   Max: 166.67
Current: At Loss


During the past 13 years, the highest PE Ratio (TTM) of Texas Mineral Resources was 166.67. The lowest was 0.00. And the median was 0.00.


TMRC's PE Ratio (TTM) is ranked worse than
100% of 544 companies
in the Metals & Mining industry
Industry Median: 16.715 vs TMRC: At Loss

Texas Mineral Resources's Earnings per Share (Diluted) for the three months ended in Aug. 2024 was $0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.01.

As of today (2024-12-14), Texas Mineral Resources's share price is $0.31. Texas Mineral Resources's EPS without NRI for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.01. Therefore, Texas Mineral Resources's PE Ratio without NRI for today is At Loss.

During the past 13 years, Texas Mineral Resources's highest PE Ratio without NRI was 166.67. The lowest was 0.00. And the median was 0.00.

Texas Mineral Resources's EPS without NRI for the three months ended in Aug. 2024 was $0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.01.

During the past 3 years, the average EPS without NRI Growth Rate was -49.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 4.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 12.10% per year.

During the past 13 years, Texas Mineral Resources's highest 3-Year average EPS without NRI Growth Rate was 50.00% per year. The lowest was -268.40% per year. And the median was -3.15% per year.

Texas Mineral Resources's EPS (Basic) for the three months ended in Aug. 2024 was $0.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.01.


Texas Mineral Resources PE Ratio (TTM) Historical Data

The historical data trend for Texas Mineral Resources's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Mineral Resources PE Ratio (TTM) Chart

Texas Mineral Resources Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 48.00 At Loss At Loss At Loss

Texas Mineral Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Competitive Comparison of Texas Mineral Resources's PE Ratio (TTM)

For the Other Industrial Metals & Mining subindustry, Texas Mineral Resources's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Mineral Resources's PE Ratio (TTM) Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Texas Mineral Resources's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Texas Mineral Resources's PE Ratio (TTM) falls into.



Texas Mineral Resources PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Texas Mineral Resources's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=0.31/-0.008
=At Loss

Texas Mineral Resources's Share Price of today is $0.31.
Texas Mineral Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Texas Mineral Resources  (OTCPK:TMRC) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Texas Mineral Resources PE Ratio (TTM) Related Terms

Thank you for viewing the detailed overview of Texas Mineral Resources's PE Ratio (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Mineral Resources Business Description

Traded in Other Exchanges
N/A
Address
539 El Paso Street, Sierra Blanca, TX, USA, 79851
Texas Mineral Resources Corp is an exploration-stage mining company. It is predominantly engaged in the business of acquisition, exploration, and development of mineral properties. The group focuses on the development of a metallurgical process to concentrate or otherwise extract the metals from the Round Top Projects. Its flagship property includes the Round Top rare earths-uranium-beryllium project covering approximately 900 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.
Executives
Anthony G. Marchese director 15 BADEAU AVENUE, SUMMIT X1 07901
Cecil C Wall director 3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Lavern K Lund director 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Clark Moseley director PO BOX 2466, SIOUX FALLS SD 57101
Kevin A. Francis director 553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126
Peter Jr. Denetclaw director 6040 SANTA CLARA DR, FARMINGTON NM 87402
Chris Mathers officer: CFO 7 COPANA PT., ROCKPORT TX 78382
Daniel E Gorski director, officer: Chief Executive Officer 7 COPANO PT. RD., ROCKPORT TX 78382
Nicholas Pingitore director C/O TEXAS RARE EARTH RESOURCES CORP., 304 INVERNESS WAY SOUTH, SUITE 365, ENGLEWOOD CO 80112
Sc Fundamental Llc director 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Navajo Transitional Energy Company, Llc 10 percent owner PO BOX 11, FARMINGTON NM 87499
Edward A Collery other: Member of 10% owner group C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Sc Fundamental Llc Employee Savings & Profit Sharing Plan 10 percent owner C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Peter M Collery director C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017
Neil H Koffler director C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017

Texas Mineral Resources Headlines

From GuruFocus