P/E ratio for Imperial Oil (IMO)
P/E ratio as of April 2024 (TTM): 10.6
According to Imperial Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6445. At the end of 2022 the company had a P/E ratio of 5.59.
P/E ratio history for Imperial Oil from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.59 | -57% |
| 2021 | 13.0 | -231.45% |
| 2020 | -9.89 | -182.14% |
| 2019 | 12.0 | 4.08% |
| 2018 | 11.6 | -83.35% |
| 2017 | 69.5 | 281.4% |
| 2016 | 18.2 | -43.35% |
| 2015 | 32.2 | 202.57% |
| 2014 | 10.6 | -22.94% |
| 2013 | 13.8 | 43.02% |
| 2012 | 9.65 | -13.8% |
| 2011 | 11.2 | -29.56% |
| 2010 | 15.9 | -30.88% |
| 2009 | 23.0 | 180.56% |
| 2008 | 8.19 | -39.2% |
| 2007 | 13.5 | 0.31% |
| 2006 | 13.4 | -13.24% |
| 2005 | 15.5 | 20.48% |
| 2004 | 12.8 | -1.71% |
| 2003 | 13.1 | -8.61% |
| 2002 | 14.3 | -29.49% |
| 2001 | 20.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 11.9 | 12.18% | 🇺🇸 USA |
 Suncor Energy
SU | 11.5 | 7.92% | 🇨🇦 Canada |
 Cenovus Energy
CVE | 13.2 | 24.46% | 🇨🇦 Canada |
 Canadian Natural Resources CNQ | 15.1 | 41.62% | 🇨🇦 Canada |
 Lukoil LKOH.ME | 5.70 | -46.46% | 🇷🇺 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.