RE:BTE- P/E RATIONobody uses PE ratio for O&G explorers. The business is far too nuanced to reduce the analysis to the PE ratio.
For what it's worth, I don't even use it for regular stocks. It's just not very reliable to make investment decisions. A hot, growing company can have a high PE but still be great value and a good buy. A low PE company can have all kinds of hidden problems with growth, assets, legal, industry, sentiment and be a terrible investment despite having a low PE.
I recommend reading deeper and understanding each company. That will give you direction than PE.
Wildfury wrote:
Does anyone have info regarding BTE P/E ratio , my investorline account show 4 plus ? It was showing 2 plus before the earnings report ,is this correct?