NuVista Energy
NVA.TO
#4277
Rank
$1.81 B
Marketcap
$8.72
Share price
1.28%
Change (1 day)
6.08%
Change (1 year)

P/E ratio for NuVista Energy (NVA.TO)

P/E ratio as of March 2024 (TTM): 4.79

According to NuVista Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.7908. At the end of 2022 the company had a P/E ratio of 4.47.

P/E ratio history for NuVista Energy from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.47-24.81%
20215.95-663.23%
2020-1.06-90.73%
2019-11.4-301.05%
20185.67-62.55%
201715.1-102.18%
2016-69419338.82%
2015-3.57-79.21%
2014-17.220.25%
2013-14.3369.51%
2012-3.04-14.68%
2011-3.56-74.18%
2010-13.8-103.32%
20094165443.45%
20087.50-70.78%
200725.742.26%
200618.1-9.97%
200520.1-11.07%
200422.6

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.