Gran Price to Earnings Ratio from 2010 to 2023

GTE Stock  USD 6.49  0.03  0.46%   
Gran Tierra Price to Earnings Ratio are decreasing over the years with stable fluctuation. Ongoing Price to Earnings Ratio are projected to grow to 2.81 this year. During the period from 2010 to 2023 Gran Tierra Price to Earnings Ratio anual values regression line had coefficient of variation of 359.62 and r-squared of  0.08. Gran Tierra Earning Before Interest and Taxes EBIT is projected to decrease significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 291.43 Million. The current year's Net Income is expected to grow to about 150 M, whereas Cost of Revenue is forecasted to decline to about 166.1 M.

Gran Tierra Quarterly Price to Earnings Ratio

3.584

Check Gran Tierra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gran main balance sheet or income statement drivers, such as Direct Expenses of 144.1 M, Consolidated Income of 150 M or Cost of Revenue of 166.1 M, as well as many exotic indicators such as Interest Coverage of 7.02, Long Term Debt to Equity of 1.22 or Calculated Tax Rate of 51.34. Gran financial statements analysis is a perfect complement when working with Gran Tierra Valuation or Volatility modules.
  
This module can also supplement Gran Tierra's financial leverage analysis and stock options assessment as well as various Gran Tierra Technical models . Check out the analysis of Gran Tierra Correlation against competitors.

Gran Price to Earnings Ratio Breakdown

Showing smoothed Price to Earnings Ratio of Gran Tierra Energy with missing and latest data points interpolated. An alternative to [PE] representing the ratio between [Price] and [EPSUSD]. Gran Tierra's Price to Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gran Tierra's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.72 X10 Years Trend
Pretty Stable
   Price to Earnings Ratio   
       Timeline  

Gran Price to Earnings Ratio Regression Statistics

Arithmetic Mean3.70
Coefficient Of Variation359.62
Mean Deviation9.31
Median6.34
Standard Deviation13.29
Sample Variance176.70
Range49.99
R-Value(0.29)
Mean Square Error175.63
R-Squared0.08
Significance0.32
Slope(0.91)
Total Sum of Squares2,297

Gran Price to Earnings Ratio History

2023 2.81
2022 2.61
2021 6.34
2020 -0.17
2019 12.9
2018 8.35
2017 -33.75
2016 -2.08
2015 -2.31
2014 -6.42
2013 16.24

About Gran Tierra Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gran Tierra income statement, its balance sheet, and the statement of cash flows. Gran Tierra investors use historical funamental indicators, such as Gran Tierra's Price to Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Gran Tierra investors may use each financial statement separately, they are all related. The changes in Gran Tierra's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gran Tierra's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gran Tierra Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gran Tierra. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Price to Earnings Ratio 2.60  2.81 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA474.5 M512 M
Earnings before Tax244.9 M264.3 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gran Tierra in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gran Tierra's short interest history, or implied volatility extrapolated from Gran Tierra options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Gran Tierra Energy using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out the analysis of Gran Tierra Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Gran Stock analysis

When running Gran Tierra's price analysis, check to measure Gran Tierra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gran Tierra is operating at the current time. Most of Gran Tierra's value examination focuses on studying past and present price action to predict the probability of Gran Tierra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gran Tierra's price. Additionally, you may evaluate how the addition of Gran Tierra to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Is Gran Tierra's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gran Tierra. If investors know Gran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gran Tierra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Earnings Share
1.32
Revenue Per Share
18.098
Quarterly Revenue Growth
(0.23)
Return On Assets
0.0961
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.