First Helium

First Helium Forward P/E

The Forward P/E Ratio of First Helium (HELI.V) as of Oct 22, 2026 is -1.02. In the previous year, Forward P/E Ratio was -0.79 — a change of 29.15% (lower).

Forward P/E

-1.02

YoY

29.15%

Last updated:

Forward P/E Ratio of First Helium is 2026 -1.02 . Forward P/E Ratio of First Helium was 2025 -0.79 . It decreases by 29.15% lower compared to the previous year.

The First Helium Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2019
-19.67 CAD
Jan 1, 2020
-9.54 CAD
Jan 1, 2021
-10.21 CAD
Jan 1, 2022
-11.48 CAD
Jan 1, 2023
-0.77 CAD
Jan 1, 2024
-1.67 CAD
Jan 1, 2025
-0.79 CAD
Jan 1, 2026
-1.02 CAD
The First Helium Forward P/E history
YEARForward P/EYoY
-1.02+29.15%
-0.79-52.63%
-1.67+116.95%
-0.77-93.28%
-11.48+12.42%
-10.21+6.99%
-9.54-51.49%
-19.67—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

First Helium Stock analysis

What does First Helium do? First Helium Inc generates revenue through helium exploration, production, and development activities. The company focuses on two projects in Alberta: the Worsley Helium Project, an advanced-stage project covering 60,000 acres with a helium discovery well and two oil wells, and the Southern Alberta Helium Fairway Project (Lethbridge) covering over 276,000 acres. Over 60% of the company's acreage features 3D seismic coverage to identify subsurface structures for helium trapping. Helium buyers include industrial and medical sectors requiring high-purity helium for applications such as MRI machines, semiconductor manufacturing, and welding. The company's primary products are helium gas and associated oil wells. Helium is sold to industrial and medical customers who require high-purity helium for critical applications. The Worsley project's advanced-stage status and the Southern Alberta project's extensive acreage with 3D seismic data position First Helium to supply helium to sectors needing reliable gas sources. The company's revenue streams are directly tied to helium production volumes and market demand for helium in industrial and medical sectors. First Helium's business model relies on extracting helium from its Alberta projects, leveraging 3D seismic data to optimize well placement and production efficiency. The company's revenue is derived from helium sales to industrial and medical customers, with the Worsley and Southern Alberta projects serving as the primary sources of production. The firm's focus on advanced-stage exploration and development ensures a steady supply of helium to meet growing market demands in key sectors. First Helium is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Helium stock

Forward P/E Ratio of First Helium is -1.02 in 2026.

Forward P/E Ratio of First Helium changed from -0.79 to -1.02, representing a 29.15% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio First Helium since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's First Helium with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Valuation — First Helium

All Key Metrics — First Helium