PHX Minerals
PHX
#8418
Rank
S$0.18 B
Marketcap
$5.04
Share price
2.19%
Change (1 day)
12.05%
Change (1 year)

P/E ratio for PHX Minerals (PHX)

P/E ratio as of November 2024 (TTM): 6.04

According to PHX Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.04345. At the end of 2022 the company had a P/E ratio of 8.10.

P/E ratio history for PHX Minerals from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.10-103.73%
2021-21714523.91%
2020-1.48-59.36%
2019-3.65-118.61%
201819.69.8%
201717.9-144.01%
2016-40.6-44.72%
2015-73.5-671.1%
201412.9-23.01%
201316.7-56.8%
201238.747.33%
201126.226.36%
201020.8-98.4%
2009> 100014504.72%
20088.87-68.25%
200727.933.68%
200620.958.47%
200513.212.16%
200411.812.23%
200310.5-70.41%
200235.4227.37%
200110.8

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.