P/E ratio for Chesapeake Energy (CHK)
P/E ratio as of June 2023 (TTM): 1.49
According to Chesapeake Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.48795.
P/E ratio history for Chesapeake Energy from 2021 to 2022
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apache Corporation APA | 5.46 | 267.18% | 🇺🇸 USA |
 EOG Resources EOG | 6.96 | 367.52% | 🇺🇸 USA |
 Freeport-McMoRan FCX | 20.5 | 1,277.26% | 🇺🇸 USA |
 Marathon Oil
MRO | 5.69 | 282.64% | 🇺🇸 USA |
 Schlumberger SLB | 17.2 | 1,054.36% | 🇺🇸 USA |
 Chevron CVX | 8.40 | 464.29% | 🇺🇸 USA |
 Devon Energy
DVN | 5.28 | 254.77% | 🇺🇸 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.