Tortoise Energy Independence Fund Overview
Tortoise Energy Independence Fund (NDP) has a P/E ratio of -112.21, below the sector sector average of 34.56.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, NDP shows a P/E ratio of -112.21. That is below the sector sector average of 34.56. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 34.56. Tortoise Energy Independence Fund is at -112.21, which is lower that average. That is roughly 424.7% below the sector mean. Use the comparison chart on this page to see how NDP stacks up against individual peers as well.
Investors watch NDP's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Tortoise Energy Independence Fund's latest reading is -112.21. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Tortoise Energy Independence Fund's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently -112.21) with ownership activity and broader fundamentals.
