P/E ratio for Enerflex (EFXT)
P/E ratio as of May 2024 (TTM): -8.40
According to Enerflex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.40195. At the end of 2022 the company had a P/E ratio of -9.57.
P/E ratio history for Enerflex from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -9.57 | -74.13% |
| 2021 | -37.0 | -608.41% |
| 2020 | 7.28 | -0.51% |
| 2019 | 7.32 | -45.94% |
| 2018 | 13.5 | -5.41% |
| 2017 | 14.3 | -208.7% |
| 2016 | -13.2 | -168.43% |
| 2015 | 19.2 | 10.54% |
| 2014 | 17.4 | -15.45% |
| 2013 | 20.6 | 60.87% |
| 2012 | 12.8 | -107.79% |
| 2011 | -164 |
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.