Gear Energy Ltd.

Gear Energy Ltd.verified

GXE.TO

Price:

$0.62

Market Cap:

$163.43M

Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland property situated southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company's Celtic/Paradise Hill property had proved plus probable reserves of 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field had proved...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2013-11-18

Stock Exchange

TSX

Ticker

GXE.TO

The PE Ratio as of September 2024 (TTM) for Gear Energy Ltd. (GXE.TO) is 12.40

According to Gear Energy Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 12.40. This represents a change of 117.67% compared to the average of 5.70 of the last 4 quarters.

Gear Energy Ltd. (GXE.TO) Historical PE Ratio (quarterly & annually)

How has GXE.TO PE Ratio performed in the past?

The mean historical PE Ratio of Gear Energy Ltd. over the last ten years is 2.88. The current 12.40 PE Ratio has changed 42.92% with respect to the historical average. Over the past ten years (40 quarters), GXE.TO's PE Ratio was at its highest in in the September 2018 quarter at 84.49. The PE Ratio was at its lowest in in the June 2021 quarter at -72.02.

Quarterly (TTM)
Annual

Average

2.88

Median

1.21

Minimum

-18.11

Maximum

24.56

Gear Energy Ltd. (GXE.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Gear 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 = 1.56%

Maximum Annual PE Ratio = 24.56

Minimum Annual Increase = -452.20%

Minimum Annual PE Ratio = -18.11

Quarterly (TTM)
Annual
YearPE RatioChange
202319.51398.29%
20223.9239.28%
20212.81-452.20%
2020-0.80-95.59%
2019-18.11-173.76%
201824.5647.53%
201716.64-353.90%
2016-6.561.56%
2015-0.40-96.90%
2014-12.75-92.25%

Gear Energy Ltd. (GXE.TO) Average PE Ratio

How has GXE.TO PE Ratio performed in the past?

The current PE Ratio of Gear Energy Ltd. (GXE.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

8.75

5-year avg

1.46

10-year avg

2.88

Gear Energy Ltd. (GXE.TO) PE Ratio vs. Peers

How is GXE.TO’s PE Ratio compared to its peers?

Gear Energy Ltd.’s PE Ratio is greater than Cardinal Energy Ltd. (8.75), less than Tamarack Valley Energy Ltd. (15.61), less than Athabasca Oil Corporation (33.02), greater than Headwater Exploration Inc. (8.34), greater than NuVista Energy Ltd. (6.96),

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