Alpine Summit Energy Partners
ALPSQ
#8345
Rank
$17.78 M
Marketcap
$0.0001000
Share price
0.00%
Change (1 day)
-99.96%
Change (1 year)

P/E ratio for Alpine Summit Energy Partners (ALPSQ)

P/E ratio as of July 2024 (TTM): 0.0002

According to Alpine Summit Energy Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.000151515. At the end of 2022 the company had a P/E ratio of 22.8.

P/E ratio history for Alpine Summit Energy Partners from 2023 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202222.8

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.