HighPeak Energy
HPK
#4703
Rank
C$2.22 B
Marketcap
$17.48
Share price
-2.11%
Change (1 day)
-29.20%
Change (1 year)

P/E ratio for HighPeak Energy (HPK)

P/E ratio as of November 2024 (TTM): 5.88

According to HighPeak Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.88263. At the end of 2022 the company had a P/E ratio of 11.6.

P/E ratio history for HighPeak Energy from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.6-57.4%
202127.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.62-21.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.61-144.31%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.