Is PEDEVCO Corp (PED) overvalued? · P/E 3.3, rev $39.6M
PEDEVCO Corp (PED) is a oil & gas e&p company listed on US.
This page asks whether PEDEVCO Corp (PED) looks expensive on cached numbers — not a short thesis.
Latest reported PED revenue for 2024-12-31 was $39.6M. Net income was $17.8M. Revenue was up 28.5% from 2023-12-31 to 2024-12-31. PED currently screens at market cap $57.1M and trailing P/E 3.3.
PED currently screens at market cap $57.1M and trailing P/E 3.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next PED 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the PED stock page for the full model, not this heading.
Not investment advice.