Polaris Renewable Energy
PIF.TO
#8965
Rank
โ‚น18.72 B
Marketcap
โ‚น896.29
Share price
-0.30%
Change (1 day)
15.30%
Change (1 year)

P/E ratio for Polaris Renewable Energy (PIF.TO)

P/E ratio as of November 2026 (TTM): -20.8

According to Polaris Renewable Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.7551. At the end of 2025 the company had a P/E ratio of -63.5.

P/E ratio history for Polaris Renewable Energy from 2007 to 2026

PE ratio at the end of each year

Year P/E ratio Change
2025-63.5-203.44%
202461.4321.47%
202314.6-78.67%
202268.3-78.2%
20213136037.54%
20205.11-23.95%
20196.7257.15%
20184.27-92.84%
201759.7-387.99%
2016-20.72541.73%
2015-0.78451362.16%
2014-0.0537-68.05%
2013-0.1679-62.43%
2012-0.4470117.69%
2011-0.2053-97.28%
2010-7.5489.15%
2009-3.99-44.51%
2008-7.19134.51%
2007-3.06

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.