PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. As of December 31, 2021, the company held approximately 32,870 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico; and approximately 11,580 net Denver-Julesberg (D-J) Basin acres located in Weld and Morgan Counties, Colorado. It had interests in 385 net wells in Permian Basin Asset; and 78 net wells in (D-J) Basin Asset. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.
P/S ratio for PEDEVCO Corp. (PED)
P/S ratio as of 2023: 2.18
According to PEDEVCO Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.18. At the end of 2022 the company had a P/S ratio of 3.13.
P/S ratio history for PEDEVCO Corp. from 2002 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.18 |
| 2022 | 3.13 |
| 2021 | 5.34 |
| 2020 | 13.53 |
| 2019 | 6.55 |
| 2018 | 1.87 |
| 2017 | 0.62 |
| 2016 | 1.38 |
| 2015 | 2.26 |
| 2014 | 3.63 |
| 2013 | 49.14 |
| 2012 | 75.84 |
| 2011 | 1.59 |
| 2010 | 40.66 |
| 2009 | 46.45 |
| 2008 | 252.11 |
| 2007 | 857.88 |
| 2006 | 64.34 |
| 2005 | 25.21 |
| 2004 | 82.14 |
| 2003 | 199.14 |
| 2002 | 388.73 |