Trio Petroleum Corp.

Trio Petroleum Corp.verified

TPET

Price:

$0.1712

Market Cap:

$8.62M

Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company owns an 85.75% working interest in the approximately 9,300-acre South Salinas project located in Monterey, California. It also holds an option to acquire a 100% working interest in the Union Avenue Field located in Bakersfield, California. The company was incorporated in 2021 and is headquartered in Bakersfield, California.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2023-04-18

Stock Exchange

AMEX

Ticker

TPET

The PE Ratio as of September 2024 (TTM) for Trio Petroleum Corp. (TPET) is -0.63

According to Trio Petroleum Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -0.63. This represents a change of -60.59% compared to the average of -1.60 of the last 4 quarters.

Trio Petroleum Corp. (TPET) Historical PE Ratio (quarterly & annually)

How has TPET PE Ratio performed in the past?

The mean historical PE Ratio of Trio Petroleum Corp. over the last ten years is -176.45. The current -0.63 PE Ratio has changed -64.30% with respect to the historical average. Over the past ten years (40 quarters), TPET's PE Ratio was at its highest in in the January 2024 quarter at -0.76. The PE Ratio was at its lowest in in the October 2021 quarter at -128.41.

Quarterly (TTM)
Annual

Average

-176.45

Median

-13.79

Minimum

-513.65

Maximum

-1.90

Trio Petroleum Corp. (TPET) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Trio Petroleum Corp. 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 = 0%

Maximum Annual PE Ratio = -1.90

Minimum Annual Increase = -97.31%

Minimum Annual PE Ratio = -513.65

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.90-86.25%
2022-13.79-97.31%

Trio Petroleum Corp. (TPET) Average PE Ratio

How has TPET PE Ratio performed in the past?

The current PE Ratio of Trio Petroleum Corp. (TPET) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-176.45

5-year avg

-176.45

10-year avg

-176.45

Trio Petroleum Corp. (TPET) PE Ratio vs. Peers

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

Trio Petroleum Corp.’s PE Ratio is

CompanyPE RatioMarket cap

Build a custom stock screener for Trio Petroleum Corp. (TPET) 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 Trio Petroleum Corp. 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.

Trio Petroleum Corp. (TPET) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Trio Petroleum Corp. 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 Trio Petroleum Corp.'s PE Ratio?

How is the PE Ratio calculated for Trio Petroleum Corp. (TPET)?

What is the highest PE Ratio for Trio Petroleum Corp. (TPET)?

What is the 3-year average PE Ratio for Trio Petroleum Corp. (TPET)?

What is the 5-year average PE Ratio for Trio Petroleum Corp. (TPET)?

How does the current PE Ratio for Trio Petroleum Corp. (TPET) compare to its historical average?