Labrador Iron Ore Royalty Corporation

Labrador Iron Ore Royalty Corporationverified

LIF.TO

Price:

$31.05

Market Cap:

$1.99B

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.[Read more]

Industry

Steel

IPO Date

2008-07-25

Stock Exchange

TSX

Ticker

LIF.TO

The PE Ratio as of September 2024 (TTM) for Labrador Iron Ore Royalty Corporation (LIF.TO) is 9.44

According to Labrador Iron Ore Royalty Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 9.44. This represents a change of 1.21% compared to the average of 9.33 of the last 4 quarters.

Labrador Iron Ore Royalty Corporation (LIF.TO) Historical PE Ratio (quarterly & annually)

How has LIF.TO PE Ratio performed in the past?

The mean historical PE Ratio of Labrador Iron Ore Royalty Corporation over the last ten years is 10.33. The current 9.44 PE Ratio has changed 9.04% with respect to the historical average. Over the past ten years (40 quarters), LIF.TO's PE Ratio was at its highest in in the June 2016 quarter at 23.87. The PE Ratio was at its lowest in in the June 2018 quarter at -120.45.

Quarterly (TTM)
Annual

Average

10.33

Median

11.05

Minimum

6.32

Maximum

15.24

Labrador Iron Ore Royalty Corporation (LIF.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Labrador Iron Ore Royalty Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 35.76%

Maximum Annual PE Ratio = 15.24

Minimum Annual Increase = -36.37%

Minimum Annual PE Ratio = 6.32

Quarterly (TTM)
Annual
YearPE RatioChange
202310.9635.35%
20228.1028.01%
20216.32-31.15%
20209.1919.71%
20197.67-36.37%
201812.068.31%
201711.13-26.96%
201615.2435.76%
201511.23-1.60%
201411.41-22.62%

Labrador Iron Ore Royalty Corporation (LIF.TO) Average PE Ratio

How has LIF.TO PE Ratio performed in the past?

The current PE Ratio of Labrador Iron Ore Royalty Corporation (LIF.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

8.46

5-year avg

8.45

10-year avg

10.33

Labrador Iron Ore Royalty Corporation (LIF.TO) PE Ratio vs. Peers

How is LIF.TO’s PE Ratio compared to its peers?

Labrador Iron Ore Royalty Corporation’s PE Ratio is less than Keyera Corp. (27.63), less than Russel Metals Inc. (11.43), less than Freehold Royalties Ltd. (14.28), greater than Capital Power Corporation (9.42), less than Exchange Income Corporation (20.61),

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