Gear Energy Ltd.
GXE
Rank in Stocks
#21953
Gear Energy Ltd. is a Canadian exploration and production company engaged in... Gear Energy Ltd. is a Canadian exploration and production company engaged in the acquisition, development, and management of oil and natural gas properties across Canada. Its key operational areas include the Celtic/Paradise Hill property, situated approximately 40 kilometers northeast of Lloydminster, Alberta; the Wildmere field, located about 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property in Central Alberta; and the Tableland property, found southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company reported its estimated proved and probable (2P) reserves for these properties: the Celtic/Paradise Hill asset contained 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field held 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet (Bcf) of natural gas; the Wilson Creek property possessed 3,318 Mbbls of light crude oil and natural gas liquids (NGLs) and 6.2 Bcf of natural gas; and the Tableland property recorded 5,315 Mbbls of light crude oil and NGLs, in addition to 3.5 Bcf of natural gas. Gear Energy Ltd. maintains its headquarters in Calgary, Canada.
Share Price
$0.35228971
Last synced: 2025-02-07
Market Cap
$92.86M
Change (1 day)
5.03%
Change (1 year)
5.79%
Country
CA
Trade Gear Energy Ltd. (GXE)
Category
Energy
P/E ratio for Gear Energy Ltd. (GXE)
P/E ratio as of October 2026 TTM: 14.52
According to Gear Energy Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.52. At the end of 2022 the company had a P/E ratio of 3.92.
P/E ratio history for Gear Energy Ltd. from 2011 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 14.52 | -25.59% |
| 2023 | 19.51 | 398.29% |
| 2022 | 3.92 | 39.28% |
| 2021 | 2.81 | -452.22% |
| 2020 | -0.80 | -95.59% |
| 2019 | -18.11 | -173.76% |
| 2018 | 24.56 | 47.53% |
| 2017 | 16.64 | -353.90% |
| 2016 | -6.56 | 1,557.55% |
| 2015 | -0.40 | -96.90% |
| 2014 | -12.75 | -92.25% |
| 2013 | -164.50 | -159.58% |
| 2012 | 276.09 | -2,856.32% |
| 2011 | -10.02 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 18.83 | 29.69% |
US
|
|
| 7.14 | -50.82% |
HK
|
|
| - | - |
CA
|
|
| - | - |
US
|
|
| 11.93 | -17.79% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.