TORC Oil & Gas Forward P/E
What is the Forward P/E of TORC Oil & Gas?
The Forward P/E of TORC Oil & Gas Ltd. is 22.94
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Energy sector on TSX compared to TORC Oil & Gas
What does TORC Oil & Gas do?
TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. The company's principal properties are located in the southeast Saskatchewan area. TORC Oil & Gas Ltd. was founded in 2010 and is headquartered in Calgary, Canada.
Companies with forward p/e similar to TORC Oil & Gas
- Electronic Arts has Forward P/E of 22.85
- Texas Instruments has Forward P/E of 22.88
- Sprott has Forward P/E of 22.88
- Hong Kong Exchanges and Clearing has Forward P/E of 22.88
- ORBIS AG has Forward P/E of 22.88
- ICF International, Inc has Forward P/E of 22.93
- TORC Oil & Gas has Forward P/E of 22.94
- Nature`s Sunshine Products has Forward P/E of 22.97
- Dolby Laboratories Inc has Forward P/E of 22.98
- Cloudcall Plc has Forward P/E of 22.99
- Global Graphics Plc has Forward P/E of 22.99
- Aptitude Software plc has Forward P/E of 22.99
- Barrick Gold has Forward P/E of 22.99