Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. The company's primary products include standard and low silica acid, flux, direct reduction pellets, and iron ore concentrate, as well as seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.
P/E ratio for Labrador Iron Ore Royalty Corporation (LIF.TO)
P/E ratio as of 2023: 10.96
According to Labrador Iron Ore Royalty Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.96. At the end of 2022 the company had a P/E ratio of 8.10.
P/E ratio history for Labrador Iron Ore Royalty Corporation from 1998 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 10.96 |
| 2022 | 8.10 |
| 2021 | 6.32 |
| 2020 | 9.19 |
| 2019 | 7.67 |
| 2018 | 12.06 |
| 2017 | 11.13 |
| 2016 | 15.24 |
| 2015 | 11.23 |
| 2014 | 11.41 |
| 2013 | 14.75 |
| 2012 | 22.17 |
| 2011 | 13.39 |
| 2010 | 10.95 |
| 2009 | 18.60 |
| 2008 | 3.86 |
| 2007 | 18.07 |
| 2006 | 15.49 |
| 2005 | 16.99 |
| 2004 | 71.65 |
| 2003 | 24.80 |
| 2002 | 121.17 |
| 2001 | 46.65 |
| 2000 | 28.86 |
| 1999 | 44.21 |
| 1998 | 38.75 |