P/E ratio for Brooge Energy (BROG)
P/E ratio at the end of 2022: 17.3
According to Brooge Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.58065. At the end of 2022 the company had a P/E ratio of 17.3.
P/E ratio history for Brooge Energy from 2018 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.3 | -42.8% |
| 2021 | 30.2 | -44.13% |
| 2020 | 54.0 | -665.26% |
| 2019 | -9.55 | -117.76% |
| 2018 | 53.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Brooge Energy
BROG | 3.58 | 0.00% | 🇦🇪 UAE |
 Green Plains Partners
GPP | 7.60 | 112.22% | 🇺🇸 USA |
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.