Tamarack Valley Energy Ltd.
TVE.TO
Price:
$4.03
Market Cap:
$2.21B
Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in the Clearwater assets covering an area of approximately 357 sections of land located in Alberta; Charlie Lake assets covering approximately 357 sections of land in the northwestern area of Alberta; Viking light oil play in central and southern Alberta and west central Saskatchewan; Barons Sand oil play in the Penny area of southern Alberta; and heavy oil properties. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd. in June 2010. Tamarack Valley Ene...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2008-02-13
Stock Exchange
TSX
Ticker
TVE.TO
The PE Ratio as of July 2024 (TTM) for Tamarack Valley Energy Ltd. (TVE.TO) is 36.64
According to Tamarack Valley Energy Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 36.64. This represents a change of 105.42% compared to the average of 17.84 of the last 4 quarters.
Tamarack Valley Energy Ltd. (TVE.TO) Historical PE Ratio (quarterly & annually)
How has TVE.TO PE Ratio performed in the past?
The mean historical PE Ratio of Tamarack Valley Energy Ltd. over the last ten years is -5.82. The current 36.64 PE Ratio has changed -63017.52% with respect to the historical average. Over the past ten years (40 quarters), TVE.TO's PE Ratio was at its highest in in the March 2023 quarter at 219.40. The PE Ratio was at its lowest in in the September 2019 quarter at -1029.96.
Average
-5.82
Median
-4.53
Minimum
-48.54
Maximum
18.14
Tamarack Valley Energy Ltd. (TVE.TO) PE Ratio by Quarter and Year
Discovering the peaks and valleys of Tamarack Valley Energy Ltd. 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 = 222.69%
Maximum Annual PE Ratio = 18.14
Minimum Annual Increase = -483.72%
Minimum Annual PE Ratio = -48.54
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 18.14 | 204.96% |
| 2022 | 5.95 | 70.59% |
| 2021 | 3.49 | -483.72% |
| 2020 | -0.91 | -92.13% |
| 2019 | -11.55 | -182.31% |
| 2018 | 14.03 | -128.90% |
| 2017 | -48.54 | 222.69% |
| 2016 | -15.04 | -3.84% |
| 2015 | -15.64 | 91.94% |
| 2014 | -8.15 | -193.74% |
Tamarack Valley Energy Ltd. (TVE.TO) Average PE Ratio
How has TVE.TO PE Ratio performed in the past?
The current PE Ratio of Tamarack Valley Energy Ltd. (TVE.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
9.19
5-year avg
3.02
10-year avg
-5.82
Tamarack Valley Energy Ltd. (TVE.TO) PE Ratio vs. Peers
How is TVE.TO’s PE Ratio compared to its peers?
Tamarack Valley Energy Ltd.’s PE Ratio is greater than MEG Energy Corp. (12.91), greater than Cardinal Energy Ltd. (10.66), less than Athabasca Oil Corporation (37.46), greater than Whitecap Resources Inc. (8.31), greater than NuVista Energy Ltd. (8.54),
| Company | PE Ratio | Market cap |
|---|---|---|
| 12.91 | $7.54B | |
| 10.66 | $1.12B | |
| 37.46 | $3.03B | |
| 8.31 | $6.28B | |
| 8.54 | $2.74B |
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