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Tower Resources plc Tower Resources plc

Tower Resources plc

TRP
Rank in Stocks #20547
Tower Resources Plc engages in the oil and gas exploration activities in... Tower Resources Plc engages in the oil and gas exploration activities in Africa. The company holds a 100% interest in the Thali production sharing contract that covers an area of 119.2 square kilometers located in the Rio del Rey basin, offshore Cameroon; and a 50% interest in the Algoa-Gamtoos license that covers an area of 9,369 square kilometers situated in the offshore South Africa. It also holds 80% interest in Blocks 1910A, 1911, and 1912B of the northern Walvis Basin and Dolphin Graben, which covers an area of 23,297 square kilometers located in Namibia. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.
Share Price
$0.00035106
Market Cap
$119.31K
Change (1 day)
1.18%
Change (1 year)
-6.49%
Country
GB
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P/E ratio for Tower Resources plc (TRP)
P/E ratio as of March 2026 TTM: -5.70
According to Tower Resources plc latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.70. At the end of 2023 the company had a P/E ratio of -1.29.
P/E ratio history for Tower Resources plc from 2005 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) -5.70 25.22%
2024 -4.55 253.39%
2023 -1.29 -67.97%
2022 -4.02 -102.31%
2021 174.01 -4,104.81%
2020 -4.35 219.94%
2019 -1.36 -14.71%
2018 -1.59 63.36%
2017 -0.97 1,708.53%
2016 -0.05 -93.25%
2015 -0.80 29.45%
2014 -0.62 -98.69%
2013 -47.08 868.09%
2012 -4.86 207.73%
2011 -1.58 -97.44%
2010 -61.67 48.02%
2009 -41.67 162.71%
2008 -15.86 -38.20%
2007 -25.66 83.37%
2006 -14.00 48.80%
2005 -9.41 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
9.78 -271.64%
HK
18.30 -421.12%
US
12.81 -324.76%
CA
14.47 -353.91%
US
24.93 -537.55%
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.