Journey Energy Stock Price To Earning
| JOY Stock | CAD 1.64 0.03 1.86% |
Journey Energy fundamentals help investors to digest information that contributes to Journey Energy's financial success or failures. It also enables traders to predict the movement of Journey Stock. The fundamental analysis module provides a way to measure Journey Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Journey Energy stock.
Journey | Price To Earning |
Journey Energy Company Price To Earning Analysis
Journey Energy's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Journey Energy Price To Earning | 1.38 X |
Most of Journey Energy's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Journey Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Journey Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Journey Energy is extremely important. It helps to project a fair market value of Journey Stock properly, considering its historical fundamentals such as Price To Earning. Since Journey Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Journey Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Journey Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Journey Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Journey Energy has a Price To Earning of 1.38 times. This is 95.99% lower than that of the Oil, Gas & Consumable Fuels sector and 92.54% lower than that of the Energy industry. The price to earning for all Canada stocks is 95.19% higher than that of the company.
Journey Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Journey Energy's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Journey Energy could also be used in its relative valuation, which is a method of valuing Journey Energy by comparing valuation metrics of similar companies.Journey Energy is currently under evaluation in price to earning category among its peers.
Journey Fundamentals
| Return On Equity | 0.016 | ||||
| Return On Asset | 0.01 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 156.48 M | ||||
| Shares Outstanding | 67.11 M | ||||
| Shares Owned By Insiders | 7.08 % | ||||
| Shares Owned By Institutions | 19.25 % | ||||
| Number Of Shares Shorted | 2.19 M | ||||
| Price To Earning | 1.38 X | ||||
| Price To Book | 0.34 X | ||||
| Price To Sales | 0.66 X | ||||
| Revenue | 204.04 M | ||||
| Gross Profit | 69.57 M | ||||
| EBITDA | 54.77 M | ||||
| Net Income | 5.14 M | ||||
| Cash And Equivalents | 335 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 18.36 M | ||||
| Debt To Equity | 305.40 % | ||||
| Current Ratio | 0.18 X | ||||
| Book Value Per Share | 4.87 X | ||||
| Cash Flow From Operations | 35.62 M | ||||
| Short Ratio | 26.43 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Price To Earnings To Growth | (0.69) X | ||||
| Target Price | 3.38 | ||||
| Beta | 3.3 | ||||
| Market Capitalization | 110.06 M | ||||
| Total Asset | 585.38 M | ||||
| Retained Earnings | (158.42 M) | ||||
| Working Capital | (28.73 M) | ||||
| Net Asset | 585.38 M |
About Journey Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Journey Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Journey Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Journey Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Other Information on Investing in Journey Stock
Journey Energy financial ratios help investors to determine whether Journey Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Journey with respect to the benefits of owning Journey Energy security.