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High Arctic Energy Services (TSX:HWO) Forward PE Ratio : 0.00 (As of May. 29, 2024)


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What is High Arctic Energy Services Forward PE Ratio?

High Arctic Energy Services's Forward PE Ratio for today is 0.00.

High Arctic Energy Services's PE Ratio without NRI for today is 9.55.

High Arctic Energy Services's PE Ratio for today is 0.00.


High Arctic Energy Services Forward PE Ratio Historical Data

The historical data trend for High Arctic 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.

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High Arctic Energy Services Forward PE Ratio Chart

High Arctic Energy Services Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-01
Forward PE Ratio
5.99 13.59 12.61 18.05 100.00 98.04

High Arctic Energy Services Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-09 2019-12
Forward PE Ratio 5.99 5.53 6.68 7.19 13.59 12.94 9.86 13.28 12.61 12.94 16.61 18.87 18.05 126.58 11.89 100.00

Competitive Comparison of High Arctic Energy Services's Forward PE Ratio

For the Oil & Gas Equipment & Services subindustry, High Arctic 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.


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

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

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



High Arctic 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.


High Arctic Energy Services  (TSX:HWO) 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 .


High Arctic Energy Services Forward PE Ratio Related Terms

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High Arctic Energy Services (TSX:HWO) Business Description

Traded in Other Exchanges
Address
330 - 5th Ave SW., Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment which consists of drilling services; the Production Services segment which consists of well servicing and snubbing services; the Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.
Executives
Douglas John Strong Director

High Arctic Energy Services (TSX:HWO) Headlines

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