Letho Resources P/E
What is the P/E of Letho Resources?
The P/E of Letho Resources Corp. 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 Materials sector on TSXV compared to Letho Resources
What does Letho Resources do?
Letho Resources Corp., engages in the acquisition, exploration, and development of oil and gas properties. The company was formerly known as Touchdown Resources Inc. and changed its name to Letho Resources Corp. in February 2014. Letho Resources Corp. was founded in 2005 and is headquartered in Vancouver, Canada.
Companies with p/e similar to Letho Resources
- Helius Medical Technologies has P/E of N/A
- Crescent NV has P/E of N/A
- Gossamer Bio has P/E of N/A
- Terrain Minerals has P/E of N/A
- Spark Power has P/E of N/A
- Intema Solutions has P/E of N/A
- Letho Resources has P/E of N/A
- Aston Martin Lagonda Global plc has P/E of N/A
- Goldsource Mines has P/E of N/A
- Spirit Airlines Dl ,0001 has P/E of N/A
- Ucore Rare Metals has P/E of N/A
- 8X8 has P/E of N/A
- China Beidahuang Industry has P/E of N/A