P/E ratio for Cheniere Energy (CQP)
P/E ratio as of June 2023 (TTM): 6.39
According to Cheniere Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.3926. At the end of 2020 the company had a P/E ratio of 15.3.
P/E ratio history for Cheniere Energy from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 15.3 | -13.75% |
| 2019 | 17.7 | 23.02% |
| 2018 | 14.4 | -335.34% |
| 2017 | -6.11 | -89.61% |
| 2016 | -58.8 | 78.23% |
| 2015 | -33.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ConocoPhillips COP | 8.15 | 27.44% | 🇺🇸 USA |
 Chevron CVX | 8.36 | 30.70% | 🇺🇸 USA |
 Oneok OKE | 11.5 | 80.16% | 🇺🇸 USA |
 Cheniere Energy
LNG | 4.54 | -28.98% | 🇺🇸 USA |
 UGI Corporation
UGI | -9.55 | -249.34% | 🇺🇸 USA |
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.