P/E ratio for Chesapeake Energy (CHK)

P/E ratio history for Chesapeake Energy from 2021 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Devon Energy DVN	5.22	155.77%	🇺🇸 USA
Apache Corporation APA	4.53	121.83%	🇺🇸 USA
EOG Resources EOG	10.1	392.82%	🇺🇸 USA
Marathon Oil MRO	10.6	420.92%	🇺🇸 USA
Schlumberger SLB	14.9	630.51%	🇺🇸 USA
Freeport-McMoRan FCX	29.0	1,322.73%	🇺🇸 USA
Chevron CVX	11.9	484.92%	🇺🇸 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.