Golden Royal Development

Golden Royal Development Forward P/E

The Forward P/E Ratio of Golden Royal Development (GRDV) as of Oct 17, 2026 is -49.69. In the previous year, Forward P/E Ratio was -26.03 — a change of 90.89% (lower).

Forward P/E

-49.69

YoY

90.89%

Last updated:

Forward P/E Ratio of Golden Royal Development is 2024 -49.69 . Forward P/E Ratio of Golden Royal Development was 2023 -26.03 . It decreases by 90.89% lower compared to the previous year.

The Golden Royal Development Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2020
-38.73 USD
Jan 1, 2021
-56.48 USD
Jan 1, 2022
-24.79 USD
Jan 1, 2023
-26.03 USD
Jan 1, 2024
-49.69 USD
The Golden Royal Development Forward P/E history
YEARForward P/EYoY
-49.69+90.89%
-26.03+5.03%
-24.79-56.11%
-56.48+45.82%
-38.73—

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Golden Royal Development Stock analysis

What does Golden Royal Development do? Golden Royal Development Inc, trading under the ticker GRDV with ISIN US38116V1026, is a U.S.-based company headquartered in Brooklyn, New York. The company went public via an IPO on January 24, 2023. Golden Royal Development is engaged in mineral exploration activities, focusing on identifying oil, gas, and mining properties. It operates by purchasing and selling mineral leases and other interests in mineral rights. The company holds oil and gas properties in Fremont County, Laramie County, and Converse County, Wyoming. Additionally, it has precious metal rights in a parcel of land within Crooks County, Wyoming. Golden Royal Development has also invested in mineral rights across four other parcels in Wyoming, including two in Crooks County, one in Laramie County, and one in Converse County. As of the latest available information, the company has not generated revenues from its oil, gas, and mining operations. It currently employs zero full-time staff. The company's activities are centered around the acquisition and management of mineral rights, with a focus on Wyoming-based properties. Golden Royal Development Inc is listed on a U.S. stock exchange, though specific exchange details are not provided. The company's primary business model involves the exploration and leasing of mineral resources, with no reported revenue streams from these activities to date. Golden Royal Development is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Golden Royal Development stock

Forward P/E Ratio of Golden Royal Development is -49.69 in 2024.

Forward P/E Ratio of Golden Royal Development changed from -26.03 to -49.69, representing a 90.89% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio Golden Royal Development 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 Golden Royal Development with sector peers and the industry average to assess whether it is attractive.

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