Trio Petroleum Corp.

Trio Petroleum Corp. - PE Ratioverified

TPET

Price:

$0.3043

Market Cap:

$3.17M

Trio Petroleum Corp. operates primarily as an enterprise focused on the discovery and extraction of oil and natural gas. The company maintains an 85.75% operational stake in the expansive South Salinas project, which encompasses approximately 9,300 acres situated near Monterey, California. Additionally, Trio Petroleum holds the contractual right to acquire a complete 100% working interest in the Union Avenue Field, located within Bakersfield, California. The firm was established in 2021 and manages its principal operations from its headquarters, also in Bakersfield, California.

Industry

Oil & Gas Exploration & Production

IPO Date

2023-04-18

Stock Exchange

AMEX

Ticker

TPET

The PE Ratio as of June 2026 (TTM) for Trio Petroleum Corp. (TPET) is -0.78

According to Trio Petroleum Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -0.78. This represents a change of -56.43% compared to the average of -1.79 of the last 4 quarters.

Trio Petroleum Corp. (TPET) Historical PE Ratio (quarterly & annually)

How has TPET PE Ratio performed in the past?

The mean historical PE Ratio of Trio Petroleum Corp. over the last ten years is -106.23. The current -0.78 PE Ratio has changed -26.57% with respect to the historical average. Over the past ten years (40 quarters), TPET's PE Ratio was at its highest in in the April 2025 quarter at -0.43. The PE Ratio was at its lowest in in the October 2021 quarter at -128.39.

Quarterly (TTM)
Annual

Average

-106.23

Median

-1.90

Minimum

-513.57

Maximum

-0.59

Trio Petroleum Corp. (TPET) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Trio Petroleum Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 117.27%

Maximum Annual PE Ratio = -0.59

Minimum Annual Increase = -97.31%

Minimum Annual PE Ratio = -513.57

Quarterly (TTM)
Annual
YearPE RatioChange
2025-1.29117.27%
2024-0.59-68.77%
2023-1.90-86.25%
2022-13.80-97.31%

Trio Petroleum Corp. (TPET) Average PE Ratio

How has TPET PE Ratio performed in the past?

The current PE Ratio of Trio Petroleum Corp. (TPET) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-1.26

5-year avg

-106.23

10-year avg

-106.23

Trio Petroleum Corp. (TPET) PE Ratio vs. Peers

How is TPET’s PE Ratio compared to its peers?

Trio Petroleum Corp.’s PE Ratio is greater than STAK Inc. Ordinary Shares (-11.00), less than Sky Quarry Inc. (-0.32), less than Vivakor, Inc. (-0.00), less than PTL Limited (21.89), less than Robin Energy Ltd. (1.00), greater than Barnwell Industries, Inc. (-1.64), greater than Ascent Solar Technologies, Inc. Common Stock (-2.49), greater than Turbo Energy, S.A. American Depositary Shares (-2.45), greater than CBL International Limited (-16.11), less than Battalion Oil Corporation (-0.21),

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