Pine Cliff Energy
PNE.TO
#7795
Rank
A$0.35 B
Marketcap
$0.98
Share price
4.71%
Change (1 day)
-41.13%
Change (1 year)

P/E ratio for Pine Cliff Energy (PNE.TO)

P/E ratio as of November 2024 (TTM): 114

According to Pine Cliff Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 113.619. At the end of 2022 the company had a P/E ratio of 5.45.

P/E ratio history for Pine Cliff Energy from 2006 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20225.4592.41%
20212.83-277.08%
2020-1.60105.71%
2019-0.7778-28.21%
2018-1.08-48.19%
2017-2.09-70.39%
2016-7.06-25.66%
2015-9.50-94.41%
2014-170-1120%
201316.7-118.52%
2012-90.0-37.7%
2011-144308.66%
2010-35.4417.23%
2009-6.83294.4%
2008-1.73-92.16%
2007-22.1-13.46%
2006-25.5-60.6%
2005-64.8

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.