Sterling Plc P/E
What is the P/E of Sterling Plc?
The P/E of Sterling Energy Plc is N/A
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Energy sector on LSE compared to Sterling Plc
What does Sterling Plc do?
Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.
Companies with p/e similar to Sterling Plc
- Perma-Fix Environmental Services has P/E of N/A
- Core Lithium Ltd has P/E of N/A
- DynaCERT has P/E of N/A
- Entree Resources has P/E of N/A
- INV Metals has P/E of N/A
- Lvji Technology Inc has P/E of N/A
- Sterling Plc has P/E of N/A
- Kanadario Gold has P/E of N/A
- Bougainville Copper has P/E of N/A
- Life360 has P/E of N/A
- Rubicon Organics has P/E of N/A
- Niyogin Fintech has P/E of N/A
- Worldwide Healthcare Trust Plc has P/E of N/A