Encounter Resources
ENR.AX
#8607
Rank
$0.11 B
Marketcap
$0.26
Share price
15.94%
Change (1 day)
13.34%
Change (1 year)

P/E ratio for Encounter Resources (ENR.AX)

P/E ratio at the end of 2023: -87.2

According to Encounter Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -98.6264. At the end of 2023 the company had a P/E ratio of -87.2.

P/E ratio history for Encounter Resources from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-87.2-1161.04%
20228.22-137.3%
2021-22.0-26.83%
2020-30.1118.97%
2019-13.71710.16%
2018-0.7595-91.54%
2017-8.97264.49%
2016-2.46-107.03%
201535.0-210.62%
2014-31.7354.68%
2013-6.96-49.72%
2012-13.835.53%
2011-10.2-20.42%
2010-12.8172.1%
2009-4.72-59.02%
2008-11.5-68.99%
2007-37.1129.17%
2006-16.2

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.