Brooge Energy
BROG
#8549
Rank
C$0.20 B
Marketcap
$1.85
Share price
-5.15%
Change (1 day)
-52.94%
Change (1 year)

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 4.16129. 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
202217.3-42.8%
202130.2-44.13%
202054.0-665.26%
2019-9.55-117.76%
201853.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.16 0.00%๐Ÿ‡ฆ๐Ÿ‡ช UAE
7.60 82.61%๐Ÿ‡บ๐Ÿ‡ธ 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.