TGS ASA (TGS ASA) Forward PE Ratio : 10.22 (As of Apr. 28, 2024)

View and export this data going back to 2008. Start your Free Trial

What is TGS ASA Forward PE Ratio?

TGS ASA's Forward PE Ratio for today is 10.22.

TGS ASA's PE Ratio without NRI for today is 57.83.

TGS ASA's PE Ratio for today is 74.26.

TGS ASA Forward PE Ratio Historical Data

The historical data trend for TGS ASA'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.

* Premium members only.

TGS ASA Forward PE Ratio Chart

TGS ASA Annual Data

Trend

2015-12

2016-06

2018-11

2019-12

2020-10

2021-05

2022-12

2023-11

2024-04

Forward PE Ratio

16.58

27.17

12.97

12.94

71.43

60.24

5.83

5.91

10.06

TGS ASA Quarterly Data
	2015-12	2016-03	2016-06	2018-03	2018-06	2018-09	2019-12	2020-03	2020-09	2021-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2024-03
Forward PE Ratio	16.58	27.93	27.17	23.64	31.75	16.98	12.94	5.52	61.35	59.88	10.41	6.13	5.83	7.73	10.45	6.63	9.48

Competitive Comparison of TGS ASA's Forward PE Ratio

For the Oil & Gas Equipment & Services subindustry, TGS ASA'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.

TGS ASA's Forward PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where TGS ASA's Forward PE Ratio falls into.

TGS ASA 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.

TGS ASA (OTCPK:TGSGY) 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 .

TGS ASA Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of TGS ASA's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

TGS ASA (TGS ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TGS ASA (OTCPK:TGSGY) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

TGSo:Sweden TGS:Norway 0MSJ:UK TGC:Germany

Address

Askekroken 11, Oslo, NOR, 0277

Website

https://www.tgs.com

TGS ASA provides geoscientific data products and services to the oil and gas industry to assist with licensing rounds and the preparation of regional data programs. It invests in multiclient data projects in frontier, emerging, and mature markets worldwide to develop a library of seismic imaging, well data, and interpretive products and services. Reportable segments are Western Hemisphere, Eastern Hemisphere, Digital Energy Solutions, Data Acquisition and Others. The company offers interpretation studies and services that integrate seismic, well logs, biostratigraphic data, core data and other geoscientific data to create basin-wide regional frameworks. TGS' geoscientists also contract consulting work in geology, geophysics, and petrophysics. Majority revenue comes from Latin America.