Paramount Resources
POU.TO
#3203
Rank
$3.10 B
Marketcap
$21.92
Share price
-1.41%
Change (1 day)
6.30%
Change (1 year)

P/E ratio for Paramount Resources (POU.TO)

P/E ratio as of February 2023 (TTM): 5.48

According to Paramount Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.48038. At the end of 2021 the company had a P/E ratio of 13.7.

P/E ratio history for Paramount Resources from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.7-147.3%
2020-29.0157.69%
2019-11.3330.34%
2018-2.62-121.55%
201712.1686.2%
20161.54-342.59%
2015-0.6364-98.29%
2014-37.3-35.71%
2013-58.039.78%
2012-41.5207.82%
2011-13.5-23.79%
2010-17.787.75%
2009-9.41150.13%
2008-3.76-267.81%
20072.24-102.59%
2006-86.6195.74%
2005-29.3-180.66%
200436.3-85.33%
2003247198.92%
200282.8

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.