P/E ratio for Energy Absolute (EA.BK)
P/E ratio as of April 2025 (TTM): 0.7995
According to Energy Absolute's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.799495. At the end of 2022 the company had a P/E ratio of 47.5.
P/E ratio history for Energy Absolute from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 47.5 | -18.77% |
| 2021 | 58.5 | 66.4% |
| 2020 | 35.2 | 31.07% |
| 2019 | 26.8 | -17.12% |
| 2018 | 32.4 | -37.08% |
| 2017 | 51.5 | 50.52% |
| 2016 | 34.2 | 9.43% |
| 2015 | 31.3 | -46.25% |
| 2014 | 58.1 | -45.37% |
| 2013 | 106 |
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.