P/E ratio for Peninsula Energy (PEN.AX)
P/E ratio at the end of 2022: -24.5
According to Peninsula Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.4495. At the end of 2022 the company had a P/E ratio of -24.5.
P/E ratio history for Peninsula Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -24.5 | -71.34% |
| 2021 | -85.5 | 3244.39% |
| 2020 | -2.56 | 27.73% |
| 2019 | -2.00 | -101.79% |
| 2018 | 112 | -13051.66% |
| 2017 | -0.8615 | -96.7% |
| 2016 | -26.1 | -4.87% |
| 2015 | -27.5 | 201.31% |
| 2014 | -9.11 | 126.37% |
| 2013 | -4.02 | -45.42% |
| 2012 | -7.37 | -42.52% |
| 2011 | -12.8 | 10.53% |
| 2010 | -11.6 | -11.72% |
| 2009 | -13.1 | 28.45% |
| 2008 | -10.2 | -95.29% |
| 2007 | -217 | 588.85% |
| 2006 | -31.5 | 84.78% |
| 2005 | -17.1 | 255.98% |
| 2004 | -4.80 | 356.76% |
| 2003 | -1.05 | -72.23% |
| 2002 | -3.78 | -54.99% |
| 2001 | -8.40 |
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.