P/E ratio for Frontera Energy (FEC.TO)
P/E ratio as of May 2024 (TTM): 1.96
According to Frontera Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.9646. At the end of 2022 the company had a P/E ratio of 2.91.
P/E ratio history for Frontera Energy from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.91 | 135.53% |
| 2021 | 1.23 | -352.98% |
| 2020 | -0.4879 | -119.57% |
| 2019 | 2.49 | -165.73% |
| 2018 | -3.79 | -47.59% |
| 2017 | -7.24 | 8282647.66% |
| 2016 | -0.0001 |
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.