Frontline
FRO
#2585
Rank
$5.20 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$23.38
Share price
0.43%
Change (1 day)
39.58%
Change (1 year)

P/E ratio for Frontline (FRO)

P/E ratio as of March 2024 (TTM): 6.30

According to Frontline's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.30189. At the end of 2022 the company had a P/E ratio of 5.62.

P/E ratio history for Frontline from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.62-103.97%
2021-141-4919.42%
20202.93-92.47%
201939.0-135.23%
2018-1113634.86%
2017-2.96-130.82%
20169.6165.45%
20155.81-484.05%
2014-1.51-2.97%
2013-1.56-49.33%
2012-3.08386.77%
2011-0.6318-104.83%
201013.1-36.81%
200920.7543.77%
20083.21-41.73%
20075.5220.39%
20064.58-1.63%
20054.6644.61%
20043.22-31.7%
20034.72-117.59%
2002-26.8-1300.93%
20012.23

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.7 85.14%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 82.48%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
24.3 285.65%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
3.72-40.96%๐Ÿ‡จ๐Ÿ‡ฆ Canada
4.47-29.13%๐Ÿ‡จ๐Ÿ‡ฆ Canada
13.7 117.86%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
6.88 9.13%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
3.64-42.23%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.