East Resources Acquisition Company

East Resources Acquisition Companyverified

ERES

Price:

$10.85

Market Cap:

$736.06M

East Resources Acquisition Company does not have significant operations. The company focuses on effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of energy in North America. The company was incorporated in 2020 and is headquartered in Boca Raton, Florida.[Read more]

Industry

Shell Companies

IPO Date

2023-07-03

Stock Exchange

NASDAQ

Ticker

ERES

The PE Ratio as of September 2024 (TTM) for East Resources Acquisition Company (ERES) is -47.17

According to East Resources Acquisition Company’s latest financial reports and current stock price. The company's current PE Ratio is -47.17. This represents a change of -235.84% compared to the average of 34.73 of the last 4 quarters.

East Resources Acquisition Company (ERES) Historical PE Ratio (quarterly & annually)

How has ERES PE Ratio performed in the past?

The mean historical PE Ratio of East Resources Acquisition Company over the last ten years is 232.88. The current -47.17 PE Ratio has changed -2125.67% with respect to the historical average. Over the past ten years (40 quarters), ERES's PE Ratio was at its highest in in the June 2024 quarter at 186.57. The PE Ratio was at its lowest in in the June 2023 quarter at -499.37.

Quarterly (TTM)
Annual

Average

232.88

Median

208.47

Minimum

16.15

Maximum

498.43

East Resources Acquisition Company (ERES) PE Ratio by Quarter and Year

Discovering the peaks and valleys of East Resources Acquisition Company 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 = 280.49%

Maximum Annual PE Ratio = 498.43

Minimum Annual Increase = -96.76%

Minimum Annual PE Ratio = 16.15

Quarterly (TTM)
Annual
YearPE RatioChange
202361.46280.49%
202216.15-96.76%
2021498.4340.22%

East Resources Acquisition Company (ERES) Average PE Ratio

How has ERES PE Ratio performed in the past?

The current PE Ratio of East Resources Acquisition Company (ERES) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

192.02

5-year avg

232.88

10-year avg

232.88

East Resources Acquisition Company (ERES) PE Ratio vs. Peers

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

East Resources Acquisition Company’s PE Ratio is less than Chavant Capital Acquisition Corp. (0), less than Swiftmerge Acquisition Corp. (487.97K), less than Viscogliosi Brothers Acquisition Corp. (195.31), less than LAVA Medtech Acquisition Corp. (36.63), less than Nubia Brand International Corp. (91.77), less than null (26.97),

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