Cequence Forward P/E
What is the Forward P/E of Cequence?
The Forward P/E of Cequence Energy Ltd. is 4.50
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 TSX compared to Cequence
What does Cequence do?
Cequence Energy Ltd. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Western Canada. It primarily focuses on the development of its Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd. and changed its name to Cequence Energy Ltd. in July 2009. Cequence Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
Companies with forward p/e similar to Cequence
- LHN has Forward P/E of 4.48
- ZF Steering Gear (India) has Forward P/E of 4.48
- Dine Brands Global Inc has Forward P/E of 4.48
- Athabasca Oil has Forward P/E of 4.49
- Medical Properties Trust Inc has Forward P/E of 4.49
- TORM plc has Forward P/E of 4.49
- Cequence has Forward P/E of 4.50
- Bhartiya International has Forward P/E of 4.50
- Universal Cables has Forward P/E of 4.51
- APT Satellite has Forward P/E of 4.51
- Kitex Garments has Forward P/E of 4.52
- AGNC Investment Corp has Forward P/E of 4.52
- Firstsource Solutions has Forward P/E of 4.54