Equinor
EQNR
#305
Rank
C$95.04 B
Marketcap
$34.55
Share price
2.05%
Change (1 day)
-16.92%
Change (1 year)

P/E ratio for Equinor (EQNR)

P/E ratio as of December 2024 (TTM): 4.34

According to Equinor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.34234. At the end of 2022 the company had a P/E ratio of 3.94.

P/E ratio history for Equinor from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.94-60.46%
20219.97-202.65%
2020-9.72-126.84%
201936.2288.16%
20189.33-39.05%
201715.3-177.17%
2016-19.8128.48%
2015-8.68-161.16%
201414.222.55%
201311.673.17%
20126.6912.23%
20115.96-49.8%
201011.9-54.1%
200925.9246.98%
20087.45-38.92%
200712.278.26%
20066.84-36.98%
200510.928.66%
20048.44-15.38%
20039.9831.44%
20027.595.75%
20017.18

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.