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Tower Resources plc Tower Resources plc

Tower Resources plc

TRP
Rank in Stocks #40721
Tower Resources Plc is an oil and gas exploration firm primarily focused on... Tower Resources Plc is an oil and gas exploration firm primarily focused on operations across Africa. The company holds a full 100% ownership of the Thali production sharing contract, an asset encompassing roughly 119.2 square kilometers in Cameroon's offshore Rio del Rey basin. Additionally, it possesses a 50% interest in the Algoa-Gamtoos license, a significant offshore block in South Africa spanning 9,369 square kilometers. Tower Resources also maintains an 80% stake in three blocks – 1910A, 1911, and 1912B – located within Namibia's northern Walvis Basin and Dolphin Graben, collectively covering 23,297 square kilometers. The company was established in 2004 and has its headquarters in London, United Kingdom.
Share Price
$0.00020411
Market Cap
$87.36K
Change (1 day)
3.45%
Change (1 year)
-58.40%
Country
GB
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P/E ratio for Tower Resources plc (TRP)
P/E ratio as of September 2026 TTM: -0.35
According to Tower Resources plc latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.35. 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) -0.35 -92.40%
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
18.08 -5,324.86%
US
7.36 -2,226.97%
HK
- -
CA
- -
US
11.50 -3,422.80%
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.