Athabasca Oil Corporation
ATH.TO
#4506
Rank
ยฃ1.41 B
Marketcap
ยฃ2.68
Share price
-1.02%
Change (1 day)
8.28%
Change (1 year)

P/E ratio for Athabasca Oil Corporation (ATH.TO)

P/E ratio as of December 2024 (TTM): -68.3

According to Athabasca Oil Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -68.3274. At the end of 2023 the company had a P/E ratio of -46.3.

P/E ratio history for Athabasca Oil Corporation from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-46.3-2041.77%
20222.3971.01%
20211.40-1117.78%
2020-0.1371-110.56%
20191.30-242.64%
2018-0.9099-64.28%
2017-2.55187.07%
2016-0.88741.67%
2015-0.8728-80.41%
2014-4.46-77.47%
2013-19.8-217.1%
201216.9-51.31%
201134.71542.2%
20102.11

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.