P/E ratio for Birchcliff Energy (BIR.TO)
P/E ratio as of April 2024 (TTM): 4.78
According to Birchcliff Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.78438. At the end of 2022 the company had a P/E ratio of 3.83.
P/E ratio history for Birchcliff Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.83 | -31.17% |
| 2021 | 5.57 | -172.37% |
| 2020 | -7.70 | -31.66% |
| 2019 | -11.3 | -237.06% |
| 2018 | 8.22 | -135.48% |
| 2017 | -23.2 | -55.51% |
| 2016 | -52.1 | 28.85% |
| 2015 | -40.4 | -492.63% |
| 2014 | 10.3 | -39.14% |
| 2013 | 16.9 | -81.19% |
| 2012 | 89.9 | 78.43% |
| 2011 | 50.4 | 42.56% |
| 2010 | 35.3 | -178.52% |
| 2009 | -45.0 | -340.59% |
| 2008 | 18.7 | -151.17% |
| 2007 | -36.6 | -91.06% |
| 2006 | -409 | -157.61% |
| 2005 | 710 | 39464.11% |
| 2004 | 1.79 | -93.35% |
| 2003 | 27.0 | -14950% |
| 2002 | -0.1818 | -167.13% |
| 2001 | 0.2709 |
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.