P/E ratio for Amplify Energy (AMPY)
P/E ratio as of May 2024 (TTM): 0.6199
According to Amplify Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.619926. At the end of 2022 the company had a P/E ratio of 6.42.
P/E ratio history for Amplify Energy from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.42 | -273.3% |
| 2021 | -3.70 | 3387.59% |
| 2020 | -0.1062 | -98.81% |
| 2019 | -8.93 | -327.18% |
| 2018 | 3.93 | -180.39% |
| 2017 | -4.89 | |
| 2015 | -0.0087 | -100.28% |
| 2014 | 3.08 | -354.16% |
| 2013 | -1.21 | -57.3% |
| 2012 | -2.84 |
How to read a P/E ratio?
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.