According to Baytex Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.88056. At the end of 2013 the company had a P/E ratio of 30.6.
Year | P/E ratio | Change |
---|---|---|
2013 | 30.6 | 52.21% |
2012 | 20.1 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Cabot Oil & Gas
COG | N/A | N/A | ๐บ๐ธ USA |
Range Resources
RRC | 6.45 | 124.06% | ๐บ๐ธ USA |
Laredo Petroleum LPI | 1.10 | -61.85% | ๐บ๐ธ USA |
Enerplus
ERF | 5.37 | 86.48% | ๐จ๐ฆ Canada |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.