GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (OTCPK:ESVIF) » Definitions » Forward PE Ratio

Ensign Energy Services (Ensign Energy Services) Forward PE Ratio : 12.59 (As of Apr. 28, 2024)


View and export this data going back to . Start your Free Trial

What is Ensign Energy Services Forward PE Ratio?

Ensign Energy Services's Forward PE Ratio for today is 12.59.

Ensign Energy Services's PE Ratio without NRI for today is 11.83.

Ensign Energy Services's PE Ratio for today is 11.45.


Ensign Energy Services Forward PE Ratio Historical Data

The historical data trend for Ensign Energy Services's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ensign Energy Services Forward PE Ratio Chart

Ensign Energy Services Annual Data
Trend 2022-12 2023-12 2024-04
Forward PE Ratio
6.47 6.41 12.58

Ensign Energy Services Quarterly Data
2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 5.45 6.47 5.88 7.79 6.55 6.41 7.92

Competitive Comparison of Ensign Energy Services's Forward PE Ratio

For the Oil & Gas Drilling subindustry, Ensign Energy Services's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ensign Energy Services's Forward PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ensign Energy Services's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Ensign Energy Services's Forward PE Ratio falls into.



Ensign Energy Services Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Ensign Energy Services  (OTCPK:ESVIF) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Ensign Energy Services Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Ensign Energy Services's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ensign Energy Services (Ensign Energy Services) Business Description

Traded in Other Exchanges
Address
400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.

Ensign Energy Services (Ensign Energy Services) Headlines