Cradle Resources Ltd
ASX:CXX

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Cradle Resources Ltd
ASX:CXX
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Price: 0.041 AUD Market Closed
Market Cap: AU$7.7m

P/E

-21.5
Current
No historical data
Comparison unavailable

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-21.5
=
Market Cap
AU$7.7m
/
Net Income
AU$-356.8k

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-21.5
=
Market Cap
AU$7.7m
/
Net Income
AU$-356.8k

Valuation Scenarios

Cradle Resources Ltd is trading above its industry average

If P/E returns to its Industry Average (21.3), the stock would be worth AU$-0.04 (199% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-203%
Maximum Upside
No Upside Scenarios
Average Downside
201%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -21.5 AU$0.04
0%
Industry Average 21.3 AU$-0.04
-199%
Country Average 22.3 AU$-0.04
-203%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 1 271 companies
0th percentile
-21.5
Low
0 — 15.9
Typical Range
15.9 — 36.3
High
36.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 15.9
Median 22.3
70th Percentile 36.3
Max 5 709.2

Cradle Resources Ltd
Glance View

Market Cap
7.7m AUD
Industry
Metals & Mining

Cradle Resources Ltd. engages in the mineral exploration business. The company is headquartered in Perth, Western Australia. The company went IPO on 2011-09-16. The firm is focusing on assessing and acquiring new business opportunities and assets. The company is also seeking to review project opportunities in the resources sector.

CXX Intrinsic Value
Not Available
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