Alumina P/E
What is the P/E of Alumina?
The P/E of Alumina 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 Alumina
What does Alumina do?
Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, and Spain, and Saudi Arabia; and a 55% interest in the Portland aluminium smelter in Victoria, Australia. It is also involved in shipping operations. The company was formerly known as WMC Limited and changed its name to Alumina Limited in December 2002 as part of the demerger of the WMC Group. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia.
Companies with p/e similar to Alumina
- Henderson Investment has P/E of N/A
- Gaumont SA has P/E of N/A
- Redflex has P/E of N/A
- Biolife Solutions Inc has P/E of N/A
- Optimum Ventures has P/E of N/A
- 9 Capital has P/E of N/A
- Alumina has P/E of N/A
- A2Z Technologies Canada has P/E of N/A
- Constantine Metal Resources has P/E of N/A
- DGO Gold has P/E of N/A
- United Airlines has P/E of N/A
- East Africa Metals has P/E of N/A
- Corbus Pharmaceuticals Inc has P/E of N/A