Encounter Resources
ENR.AX
#8691
Rank
ยฃ80.68 M
Marketcap
ยฃ0.18
Share price
-1.41%
Change (1 day)
-12.69%
Change (1 year)

P/E ratio for Encounter Resources (ENR.AX)

P/E ratio at the end of 2023: -87.4

According to Encounter Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -87.1441. At the end of 2023 the company had a P/E ratio of -87.4.

P/E ratio history for Encounter Resources from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-87.4-1161.04%
20228.23-137.3%
2021-22.1-26.83%
2020-30.2118.97%
2019-13.81710.16%
2018-0.7610-91.54%
2017-8.99264.49%
2016-2.47-107.03%
201535.1-210.62%
2014-31.7354.68%
2013-6.98-49.72%
2012-13.935.53%
2011-10.2-20.42%
2010-12.9172.1%
2009-4.73-59.02%
2008-11.5-68.99%
2007-37.2129.17%
2006-16.2

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.