QEM Limited

QEM Limitedverified

QEM.AX

Price:

$0.052

Market Cap:

$9.92M

QEM Limited engages in the exploration and development of vanadium and oil shale project in Australia. Its flagship project is the Julia Creek oil shale and vanadium project covering an area of 249.6 square kilometers located in the Julia Creek area of North Western Queensland, Australia. The company was formerly known as Queensland Energy & Minerals Pty Ltd and changed its name to QEM Limited in August 2018. QEM Limited was incorporated in 2014 and is headquartered in Surfers Paradise, Australia.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2018-10-18

Stock Exchange

ASX

Ticker

QEM.AX

The PE Ratio as of December 2024 (TTM) for QEM Limited (QEM.AX) is -5.20

According to QEM Limited’s latest financial reports and current stock price. The company's current PE Ratio is -5.20. This represents a change of 8.29% compared to the average of -0.06 of the last 4 quarters.

QEM Limited (QEM.AX) Historical PE Ratio (quarterly & annually)

How has QEM.AX PE Ratio performed in the past?

The mean historical PE Ratio of QEM Limited over the last ten years is -15.56. The current -5.20 PE Ratio has changed 3.24% with respect to the historical average. Over the past ten years (40 quarters), QEM.AX's PE Ratio was at its highest in in the June 2024 quarter at 7.90. The PE Ratio was at its lowest in in the June 2017 quarter at -33.34.

Quarterly (TTM)
Annual

Average

-15.56

Median

-9.32

Minimum

-53.12

Maximum

0

QEM Limited (QEM.AX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of QEM Limited 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 = 106.55%

Maximum Annual PE Ratio = 0

Minimum Annual Increase = -Infinity%

Minimum Annual PE Ratio = -53.12

Quarterly (TTM)
Annual
YearPE RatioChange
2024-10.51106.55%
2023-5.09-25.38%
2022-6.82-31.21%
2021-9.9113.66%
2020-8.7271.43%
2019-5.09-71.13%
2018-17.62-54.54%
2017-38.76-27.03%
2016-53.12-Infinity%

QEM Limited (QEM.AX) Average PE Ratio

How has QEM.AX PE Ratio performed in the past?

The current PE Ratio of QEM Limited (QEM.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-7.47

5-year avg

-8.21

10-year avg

-15.56

QEM Limited (QEM.AX) PE Ratio vs. Peers

How is QEM.AX’s PE Ratio compared to its peers?

QEM Limited’s PE Ratio is greater than Lion Energy Limited (-5.31), greater than Hexagon Energy Materials Limited (-9.10), greater than Pure Hydrogen Corporation Limited (-6.91), less than Hazer Group Limited (-4.42), greater than Province Resources Limited (-5.50),

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