Trio Petroleum (Trio Petroleum) Earnings per Share (Diluted) : $-0.28 (TTM As of Jan. 2024)

Trio Petroleum Earnings per Share (Diluted) Chart

Trio Petroleum Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Earnings per Share (Diluted)	Get a 7-Day Free Trial					-0.04	-0.12	-0.08	-0.03	-0.05

Competitive Comparison of Trio Petroleum's Earnings per Share (Diluted)

For the Oil & Gas E&P subindustry, Trio Petroleum's PE Ratio, along with its competitors' market caps and 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.

Trio Petroleum's PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trio Petroleum's PE Ratio falls into.

Trio Petroleum Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Trio Petroleum's Earnings Per Share (Diluted) for the fiscal year that ended in Oct. 2023 is calculated as

Trio Petroleum's Earnings Per Share (Diluted) for the quarter that ended in Jan. 2024 is calculated as

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

Trio Petroleum  (AMEX:TPET) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

Trio Petroleum Earnings per Share (Diluted) Related Terms

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Trio Petroleum (Trio Petroleum) Business Description