Latest Ratios: P/E Ratio -5.6x · EV/EBITDA 5.4x · ROE -6.3%. (2002–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $58M | $52M | $69M | $67M | $94M | $85M | $109M | $85M | $9M | $2M | $5M |
| Enterprise Value | $55M | $49M | $66M | $49M | $65M | $59M | $102M | $63M | $43M | $68M | $62M |
| P/E Ratio → | -5.56 | — | 3.89 | 256.67 | 33.03 | — | — | — | 0.16 | — | — |
| P/S Ratio | 1.26 | 1.13 | 1.76 | 2.18 | 3.13 | 5.34 | 13.53 | 6.55 | 1.89 | 0.62 | 1.38 |
| P/B Ratio | 0.28 | 0.25 | 0.57 | 0.66 | 0.98 | 0.93 | 1.44 | 0.81 | 0.50 | — | — |
| P/FCF | — | — | 5.51 | 2.86 | 25.23 | 14.28 | 9086.37 | 181.66 | — | — | — |
| P/OCF | 5.37 | 4.80 | 5.44 | 2.85 | 5.89 | 14.20 | 9086.37 | 50.94 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.06 | 1.66 | 1.59 | 2.15 | 3.72 | 12.62 | 4.86 | 9.60 | 22.57 | 15.53 |
| EV / EBITDA | 5.39 | 4.79 | 3.16 | 4.53 | 4.66 | 10.52 | — | 74.91 | — | — | — |
| EV / EBIT | — | — | 13.70 | 11.99 | 24.61 | — | — | — | 0.71 | — | — |
| EV / FCF | — | — | 5.21 | 2.08 | 17.35 | 9.95 | 8473.29 | 134.61 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 58.2% | 58.2% | 28.3% | 32.7% | 28.2% | 16.0% | -95.8% | -37.6% | -106.5% | -69.2% | -70.5% |
| Operating Margin | -17.2% | -17.2% | 11.9% | -0.6% | 8.8% | -11.8% | -419.7% | -78.8% | -199.1% | -781.8% | -142.6% |
| Net Profit Margin | -22.6% | -22.6% | 45.0% | 0.9% | 9.5% | -8.2% | -405.6% | -85.6% | 1185.2% | -1206.3% | -494.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.3% | -6.3% | 16.0% | 0.3% | 3.0% | -1.6% | -36.1% | -18.1% | 315.9% | — | -300.0% |
| ROA | -4.1% | -4.1% | 13.5% | 0.2% | 2.7% | -1.5% | -32.3% | -11.7% | 103.2% | -76.4% | -31.8% |
| ROIC | -3.7% | -3.7% | 3.5% | -0.2% | 3.0% | -2.1% | -33.4% | -11.3% | -16.7% | -42.5% | -7.6% |
| ROCE | -3.6% | -3.6% | 4.0% | -0.2% | 2.7% | -2.2% | -36.5% | -12.3% | -19.6% | -53.3% | -10.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 2.26 | — | — |
| Debt / EBITDA | 0.02 | 0.02 | 0.01 | 0.03 | 0.01 | 0.03 | — | 0.47 | — | — | — |
| Net Debt / Equity | — | -0.01 | -0.03 | -0.18 | -0.30 | -0.28 | -0.10 | -0.21 | 2.05 | — | — |
| Net Debt / EBITDA | -0.30 | -0.30 | -0.18 | -1.69 | -2.11 | -4.59 | — | -26.18 | — | — | — |
| Debt / FCF | — | — | -0.30 | -0.78 | -7.87 | -4.34 | -613.08 | -47.05 | — | — | — |
| Interest Coverage | -0.19 | -0.19 | — | — | — | -1298.00 | -16344.00 | -12.47 | 7.96 | -1.84 | -0.41 |
Net cash position: cash ($3M) exceeds total debt ($214000)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.59 | 0.59 | 1.91 | 1.30 | 1.89 | 5.41 | 4.43 | 1.78 | 0.77 | 0.41 | 0.39 |
| Quick Ratio | 0.58 | 0.58 | 1.91 | 1.30 | 1.89 | 5.41 | 4.43 | 1.78 | 0.77 | 0.41 | 0.39 |
| Cash Ratio | 0.05 | 0.05 | 0.58 | 0.98 | 1.74 | 5.00 | 4.06 | 1.47 | 0.39 | 0.27 | 0.20 |
| Asset Turnover | — | 0.12 | 0.30 | 0.24 | 0.26 | 0.16 | 0.10 | 0.11 | 0.07 | 0.08 | 0.07 |
| Inventory Turnover | 313.44 | 313.44 | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 204.76 | 76.48 | 69.15 | 29.53 | 41.01 | 29.89 | 129.49 | 67.95 | 36.44 | 42.68 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 25.7% | 0.4% | 3.0% | — | — | — | 625.7% | — | — |
| FCF Yield | — | — | 18.1% | 35.0% | 4.0% | 7.0% | 0.0% | 0.6% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 12.8% | 0.0% | 1.4% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 12.8% | 0.0% | 1.4% |
| Shares Outstanding | — | $5M | $4M | $4M | $4M | $4M | $4M | $3M | $565662 | $292369 | $244301 |
Liquidity and scale constraints
Based on reported figures, PED trades at a P/S of 1.59 and a negative P/E of -7.00, suggesting that market participants are pricing the company as a speculative exploration play rather than a mature producer capable of delivering consistent bottom-line returns to its equity holders.
The absence of a forward P/E ratio underscores the market's uncertainty regarding the company's path to GAAP profitability. Investors should monitor whether the current EV/EBITDA of 6.86 represents a genuine discount to peers or merely reflects the market's skepticism regarding the long-term economic viability of the company's current wellbore inventory.
As reported in financial statements, PED's ROIC has exhibited extreme volatility, oscillating from a peak of 3.3% in 2026Q1 to a low of -3.2% in 2025Q4, indicating that the company is currently struggling to generate returns that exceed its cost of capital on a consistent basis.
The erratic nature of these returns suggests that the company's capital allocation is highly sensitive to the timing of drilling programs rather than sustained operational efficiency. This trend warrants further investigation into whether the company's asset base can ever achieve the scale necessary to drive meaningful, compounding returns for shareholders.
According to recent SEC filings, PED's cash conversion cycle has fluctuated wildly, moving from a negative 50 days in 2025Q4 to a positive 6 days in 2026Q1, highlighting the company's inability to maintain a stable and predictable working capital management process across its two primary basins.
The inconsistency in DSO and DPO metrics suggests that the company lacks the leverage to dictate terms to its service providers or customers. This operational friction may be a structural byproduct of its small production scale, which limits its ability to optimize cash flow cycles compared to larger, more integrated industry peers.
Based on the provided quarterly data, PED's current ratio has deteriorated to 0.68 as of 2026Q1, which, when combined with a cash balance of only $3.2M, suggests that the company is highly vulnerable to any unexpected operational disruptions or sustained downturns in commodity pricing.
The company's reliance on its current cash position to fund ongoing operations appears increasingly precarious given the persistent negative net margins. Investors should monitor the company's ability to maintain liquidity without resorting to dilutive financing, as the current buffer provides little room for error in a volatile energy market.
The P/E ratio is frequently misapplied to PED, as it obscures the significant non-cash DD&A charges inherent in E&P accounting that often result in negative earnings despite the company's ability to generate positive gross margins from its underlying oil and gas production assets.
Analysts should instead focus on EV/EBITDA or PV-10 reserve valuations to better assess the company's true earning power and asset value. Relying on P/E in this context leads to a distorted view of the company's health, as it fails to account for the capital-intensive nature of the business model.
Includes 30+ ratios · 24 years · Updated daily
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Quick answers to the most common questions about buying PED stock.
PEDEVCO Corp.'s current P/E ratio is -5.6x. The historical average is 9.3x.
PEDEVCO Corp.'s current EV/EBITDA is 5.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.1x.
PEDEVCO Corp.'s return on equity (ROE) is -6.3%. The historical average is -83.7%.
Based on historical data, PEDEVCO Corp. is trading at a P/E of -5.6x. Compare with industry peers and growth rates for a complete picture.
PEDEVCO Corp. has 58.2% gross margin and -17.2% operating margin.
PEDEVCO Corp.'s Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.