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NuVista Energy (TSX:NVA) Forward PE Ratio : 7.84 (As of May. 26, 2024)


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What is NuVista Energy Forward PE Ratio?

NuVista Energy's Forward PE Ratio for today is 7.84.

NuVista Energy's PE Ratio without NRI for today is 9.32.

NuVista Energy's PE Ratio for today is 8.83.


NuVista Energy Forward PE Ratio Historical Data

The historical data trend for NuVista Energy'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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NuVista Energy Forward PE Ratio Chart

NuVista Energy Annual Data
Trend 2016-12 2017-12 2018-12 2019-12 2020-03 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
35.59 39.06 6.05 11.44 3.07 5.70 4.49 6.10 9.69

NuVista Energy Quarterly Data
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 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 32.15 35.59 28.57 25.19 37.74 39.06 18.59 20.75 12.50 6.05 11.03 9.00 13.18 11.44 3.07 15.80 15.08 4.33 5.70 6.56 4.34 3.98 4.49 6.39 7.37 5.71 6.10 8.03

Competitive Comparison of NuVista Energy's Forward PE Ratio

For the Oil & Gas E&P subindustry, NuVista Energy'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.


NuVista Energy's Forward PE Ratio Distribution in the Oil & Gas Industry

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

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



NuVista Energy 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.


NuVista Energy  (TSX:NVA) 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 .


NuVista Energy Forward PE Ratio Related Terms

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NuVista Energy (TSX:NVA) Business Description

Traded in Other Exchanges
Address
525 - 8th Avenue South West, Suite 2500, Calgary, AB, CAN, T2P 1G1
NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the largest portion of hydrocarbon production for NuVista. To better service assets and production in this area, the firm operates compressor and dehydration stations.
Executives
Paramount Resources Ltd. 10% Security Holder

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