According to Frontera Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.38875. At the end of 2022 the company had a P/E ratio of 2.90.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.90 | 134.82% |
2021 | 1.23 | -352.98% |
2020 | -0.4879 | -119.57% |
2019 | 2.49 | -165.73% |
2018 | -3.79 | -47.62% |
2017 | -7.24 | 8290892% |
2016 | -0.0001 |
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.