Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley. It provides natural gas, oil, and natural gas liquids primarily through marketing companies. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada.
P/S ratio for Advantage Energy Ltd. (AAV.TO)
P/S ratio as of 2023: 2.79
According to Advantage Energy Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.79. At the end of 2022 the company had a P/S ratio of 1.84.
P/S ratio history for Advantage Energy Ltd. from 1985 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.79 |
| 2022 | 1.84 |
| 2021 | 2.86 |
| 2020 | 1.31 |
| 2019 | 2.04 |
| 2018 | 1.62 |
| 2017 | 4.55 |
| 2016 | 9.85 |
| 2015 | 9.06 |
| 2014 | 4.37 |
| 2013 | 2.68 |
| 2012 | 1.99 |
| 2011 | 1.97 |
| 2010 | 2.99 |
| 2009 | 2.60 |
| 2008 | 1.34 |
| 2007 | 1.53 |
| 2006 | 1.38 |
| 2005 | 1.07 |
| 2004 | 1.20 |
| 2003 | 1.50 |
| 2002 | 2.15 |
| 2001 | 2.86 |
| 1997 | 5.67 |
| 1996 | 6.16 |
| 1995 | 0.02 |
| 1994 | 0.01 |
| 1993 | 0.02 |
| 1992 | 0.02 |
| 1991 | 0.04 |
| 1990 | 0.04 |
| 1989 | 0.05 |
| 1988 | 0.03 |
| 1987 | 0.04 |
| 1986 | 0.02 |
| 1985 | 0.03 |