Forum Energy Technologies
FET
#8163
Rank
HK$1.48 B
Marketcap
HK$120.19
Share price
-13.44%
Change (1 day)
-22.55%
Change (1 year)

P/E ratio for Forum Energy Technologies (FET)

P/E ratio as of April 2025 (TTM): -43.5

According to Forum Energy Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -43.5429. At the end of 2022 the company had a P/E ratio of 47.6.

P/E ratio history for Forum Energy Technologies from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202247.6-4446%
2021-1.0959.81%
2020-0.6851109.2%
2019-0.3275-72.72%
2018-1.20-95.06%
2017-24.3-0.6%
2016-24.4158.96%
2015-9.44-186.06%
201411.0-44.5%
201319.843.11%
201213.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.43-121.65%๐Ÿ‡บ๐Ÿ‡ธ USA
-363 733.28%๐Ÿ‡ฌ๐Ÿ‡ง UK
-308 607.81%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-127.38%๐Ÿ‡บ๐Ÿ‡ธ USA
48.0-210.15%๐Ÿ‡บ๐Ÿ‡ธ USA

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.