PrairieSky Royalty (TSX:PSK) Forward PE Ratio

: 26.74 (As of Today)

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PrairieSky Royalty's Forward PE Ratio for today is 26.74.

PrairieSky Royalty's PE Ratio without NRI for today is 28.89.

PrairieSky Royalty's PE Ratio for today is 28.89.

PrairieSky Royalty Forward PE Ratio Historical Data

The historical data trend for PrairieSky Royalty'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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PrairieSky Royalty Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

52.63

90.91

97.09

34.25

49.02

40.32

17.48

16.86

28.65

26.18

PrairieSky Royalty 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	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	52.63	80.00	263.16	78.74	90.91	69.93	80.65	113.64	97.09	89.29	67.57	45.45	34.25	60.98	47.85	52.63	49.02	42.74	1,666.67	44.44	40.32	31.95	31.35	22.52	17.48	16.42	11.29	15.22	16.86	20.20	24.39	22.47	28.65	26.81

Competitive Comparison

For the Oil & Gas E&P subindustry, PrairieSky Royalty'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.

PrairieSky Royalty Forward PE Ratio Distribution

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

* The bar in red indicates where PrairieSky Royalty's Forward PE Ratio falls into.

PrairieSky Royalty 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.

PrairieSky Royalty (TSX:PSK) 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 .

PrairieSky Royalty Forward PE Ratio Related Terms

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PrairieSky Royalty (TSX:PSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (TSX:PSK) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

PREKF:USA 7PS:Germany

Address

350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9

Website

https://www.prairiesky.com

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

Executives

Leanne M. Bellegarde

Director