P/E ratio for Zion Oil & Gas (ZNOG)
P/E ratio as of April 2025 (TTM): -1.35
According to Zion Oil & Gas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.35339. At the end of 2022 the company had a P/E ratio of -0.4800.
P/E ratio history for Zion Oil & Gas from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.4800 | -85.88% |
| 2021 | -3.40 | -84.89% |
| 2020 | -22.5 | 958.82% |
| 2019 | -2.13 | 218.75% |
| 2018 | -0.6667 | -93.83% |
| 2017 | -10.8 | 57.66% |
| 2016 | -6.85 | -26.34% |
| 2015 | -9.30 | 35.77% |
| 2014 | -6.85 | 36.03% |
| 2013 | -5.04 | -6.11% |
| 2012 | -5.36 | 319.87% |
| 2011 | -1.28 | -65.52% |
| 2010 | -3.71 | -80.31% |
| 2009 | -18.8 | 13.07% |
| 2008 | -16.6 | 200.98% |
| 2007 | -5.53 | -85.38% |
| 2006 | -37.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | N/A | N/A | 🇨🇦 Canada |
 | 8.39 | -720.28% | 🇺🇸 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.