Frontline
FRO
#3085
Rank
$3.28 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$14.77
Share price
1.44%
Change (1 day)
44.95%
Change (1 year)

P/E ratio for Frontline (FRO)

P/E ratio as of June 2023 (TTM): 6.86

According to Frontline's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.86047. At the end of 2021 the company had a P/E ratio of -141.

P/E ratio history for Frontline from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-141
2018-111
20169.61
2014-1.51-3.37%
2013-1.56-49.12%
2012-3.08

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.40 22.39%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 66.29%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.80-59.23%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
30.0 336.71%๐Ÿ‡จ๐Ÿ‡ฆ Canada
7.63 11.21%๐Ÿ‡จ๐Ÿ‡ฆ Canada
4.90-28.55%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
61.7 798.87%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
3.63-47.03%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.