P/E ratio for Imperial Oil (IMO)
P/E ratio as of May 2023 (TTM): 5.39
According to Imperial Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.39472. At the end of 2021 the company had a P/E ratio of 13.0.
P/E ratio history for Imperial Oil from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 7.11 | 31.76% | 🇺🇸 USA |
 Suncor Energy
SU | 6.32 | 17.15% | 🇨🇦 Canada |
 Cenovus Energy
CVE | 7.94 | 47.13% | 🇨🇦 Canada |
 Canadian Natural Resources CNQ | 8.68 | 60.84% | 🇨🇦 Canada |
 Lukoil LKOH.ME | 4.61 | -14.48% | 🇷🇺 Russia |
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.