Tamarack Valley Energy Ltd.

Tamarack Valley Energy Ltd.verified

TVE.TO

Price:

$3.51

Market Cap:

$1.91B

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 June 2024 (TTM) for Tamarack Valley Energy Ltd. (TVE.TO) is 31.91

According to Tamarack Valley Energy Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 31.91. This represents a change of 78.90% 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 31.91 PE Ratio has changed -54895.26% 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.

Quarterly (TTM)
Annual

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

Quarterly (TTM)
Annual
YearPE RatioChange
202318.14204.96%
20225.9570.59%
20213.49-483.72%
2020-0.91-92.13%
2019-11.55-182.31%
201814.03-128.90%
2017-48.54222.69%
2016-15.04-3.84%
2015-15.6491.94%
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. (10.07), less than Athabasca Oil Corporation (63.01), greater than Whitecap Resources Inc. (8.50), greater than NuVista Energy Ltd. (8.61),

Build a custom stock screener for Tamarack Valley Energy Ltd. (TVE.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Tamarack Valley Energy Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Tamarack Valley Energy Ltd. (TVE.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tamarack Valley Energy Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Tamarack Valley Energy Ltd.'s PE Ratio?

How is the PE Ratio calculated for Tamarack Valley Energy Ltd. (TVE.TO)?

What is the highest PE Ratio for Tamarack Valley Energy Ltd. (TVE.TO)?

What is the 3-year average PE Ratio for Tamarack Valley Energy Ltd. (TVE.TO)?

What is the 5-year average PE Ratio for Tamarack Valley Energy Ltd. (TVE.TO)?

How does the current PE Ratio for Tamarack Valley Energy Ltd. (TVE.TO) compare to its historical average?