Chesapeake Energy
CHK
#1690
Rank
$10.69 B
Marketcap
$81.46
Share price
-0.96%
Change (1 day)
5.81%
Change (1 year)

P/E ratio for Chesapeake Energy (CHK)

P/E ratio on December 4, 2024 (TTM): 2.04

According to Chesapeake Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.04007. At the end of 2023 the company had a P/E ratio of 4.25.

P/E ratio history for Chesapeake Energy from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20234.2566.03%
20222.56

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Devon Energy
DVN
7.72 278.36%๐Ÿ‡บ๐Ÿ‡ธ USA
APA Corporation
APA
7.31 258.11%๐Ÿ‡บ๐Ÿ‡ธ USA
EOG Resources
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11.4 459.21%๐Ÿ‡บ๐Ÿ‡ธ USA
Marathon Oil
MRO
10.5 414.26%๐Ÿ‡บ๐Ÿ‡ธ USA
Schlumberger
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12.0 489.93%๐Ÿ‡บ๐Ÿ‡ธ USA
Freeport-McMoRan
FCX
33.6 1,547.63%๐Ÿ‡บ๐Ÿ‡ธ USA
Chevron
CVX
16.9 727.33%๐Ÿ‡บ๐Ÿ‡ธ 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.