P/E ratio for Chesapeake Energy (CHK)
P/E ratio as of May 2024 (TTM): 2.25
According to Chesapeake Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.25094. At the end of 2022 the company had a P/E ratio of 2.56.
P/E ratio history for Chesapeake Energy from 2021 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.56 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apache Corporation APA | 6.43 | 185.63% | 🇺🇸 USA |
 EOG Resources EOG | 9.75 | 333.21% | 🇺🇸 USA |
 Freeport-McMoRan FCX | 33.2 | 1,373.57% | 🇺🇸 USA |
 Marathon Oil
MRO | 9.87 | 338.33% | 🇺🇸 USA |
 Schlumberger SLB | 16.3 | 622.15% | 🇺🇸 USA |
 Chevron CVX | 11.9 | 429.93% | 🇺🇸 USA |
 Devon Energy
DVN | 6.97 | 209.77% | 🇺🇸 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.