According to Surge Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.4709. At the end of 2022 the company had a P/E ratio of 3.32.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.32 | 472.39% |
2021 | 0.5809 | -4243.43% |
2020 | -0.0140 | -93.83% |
2019 | -0.2272 | -56.31% |
2018 | -0.5201 | -92.58% |
2017 | -7.01 | 194.66% |
2016 | -2.38 | 1024.19% |
2015 | -0.2115 | -90.18% |
2014 | -2.15 | -68.28% |
2013 | -6.79 | 807.26% |
2012 | -0.7481 | -103.33% |
2011 | 22.5 | -748.27% |
2010 | -3.47 | 44.58% |
2009 | -2.40 | -639.23% |
2008 | 0.4447 | -79.3% |
2007 | 2.15 | 31.64% |
2006 | 1.63 | -30.87% |
2005 | 2.36 | -29.96% |
2004 | 3.37 | 48.96% |
2003 | 2.26 | -46.82% |
2002 | 4.25 | 117.58% |
2001 | 1.96 |
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.