Strike Energy
STX.AX
#7494
Rank
C$0.46 B
Marketcap
$0.16
Share price
5.88%
Change (1 day)
-13.60%
Change (1 year)

P/E ratio for Strike Energy (STX.AX)

P/E ratio at the end of 2023: -52.4

According to Strike Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.4127. At the end of 2023 the company had a P/E ratio of -52.4.

P/E ratio history for Strike Energy from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-52.472.62%
2022-30.4-143.63%
202169.6-2167.69%
2020-3.37-87.71%
2019-27.4-144.32%
201861.8-677.02%
2017-10.7-158.78%
201618.2-307.36%
2015-8.78213.82%
2014-2.8028.33%
2013-2.18-28.7%
2012-3.06-17.04%
2011-3.69-61.5%
2010-9.58-305.74%
20094.65-97.58%
2008192-3641.12%
2007-5.42-97.03%
2006-1837969.12%
2005-2.26

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.