Premier Oil Plc Forward P/E
What is the Forward P/E of Premier Oil Plc?
The Forward P/E of Premier Oil Plc is 36.23
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Energy sector on LSE compared to Premier Oil Plc
What does Premier Oil Plc do?
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe. Premier Oil plc was founded in 1934 and is headquartered in London, the United Kingdom.
Companies with forward p/e similar to Premier Oil Plc
- United Utilities Plc has Forward P/E of 36.10
- CRISIL has Forward P/E of 36.10
- Alithya has Forward P/E of 36.10
- Brookfield Renewable has Forward P/E of 36.10
- Maverix Metals has Forward P/E of 36.10
- Iteris has Forward P/E of 36.21
- Premier Oil Plc has Forward P/E of 36.23
- Veritone Inc has Forward P/E of 36.28
- Advanced Micro Devices has Forward P/E of 36.35
- Whitestone REIT has Forward P/E of 36.38
- Apollo Medical Inc has Forward P/E of 36.42
- Potbelly Corp has Forward P/E of 36.46
- REA has Forward P/E of 36.50