Absolute Clean Energy PCL (ATBBF)
Absolute Clean Energy PE Ratio
PE Ratio Chart
Historical Data
Price to Earnings Ratio (PE Ratio) Definition
The Price to Earnings Ratio (PE Ratio) is calculated by taking the stock price / EPS Diluted (TTM). This metric is considered a valuation metric that confirms whether the earnings of a company justifies the stock price. There isn't necesarily an optimum PE ratio, since different industries will have different ranges of PE Ratios. Because of this, PE Ratio is great to evaluate from a relative standpoint with other similar companies.
PE Ratio Range, Past 5 Years
PE Ratio Benchmarks
| Ratch Group Public Co. Ltd. | 12.20 |
| Electricity Generating Public Co., Ltd. | -- |
| The AES Corp. | 7.488 |
| Ormat Technologies, Inc. | 63.61 |
| Hallador Energy Co. | 33.89 |