Hillcrest Petroleum P/E
What is the P/E of Hillcrest Petroleum?
The P/E of Hillcrest Petroleum Ltd. is N/A
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Energy sector on TSXV compared to Hillcrest Petroleum
What does Hillcrest Petroleum do?
Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in North America. It has an option to acquire 75% working interest in West Hazel field, a petroleum asset located in the Western Canadian Sedimentary Basin, Saskatchewan. The company was formerly known as Hillcrest Resources Ltd. and changed its name to Hillcrest Petroleum Ltd. in March 2015. Hillcrest Petroleum Ltd. was founded in 2006 and is headquartered in Vancouver, Canada.
Companies with p/e similar to Hillcrest Petroleum
- Bid has P/E of N/A
- Tethys Petroleum has P/E of N/A
- CO2 Gro has P/E of N/A
- ITC Properties has P/E of N/A
- Intellipharmaceutics International has P/E of N/A
- China Shenghai Food has P/E of N/A
- Hillcrest Petroleum has P/E of N/A
- Garibaldi Resources has P/E of N/A
- US Copper has P/E of N/A
- Salmat has P/E of N/A
- Span Divergent has P/E of N/A
- Corsa Coal has P/E of N/A
- GTN Textiles has P/E of N/A