Chesapeake Energy
CHK
#1537
Rank
$10.83 B
Marketcap
$82.81
Share price
0.04%
Change (1 day)
0.89%
Change (1 year)

P/E ratio for Chesapeake Energy (CHK)

P/E ratio as of March 2024 (TTM): 2.07

According to Chesapeake Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.07313. 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
20222.56

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.09 193.86%๐Ÿ‡บ๐Ÿ‡ธ USA
8.45 307.46%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1 1,111.34%๐Ÿ‡บ๐Ÿ‡ธ USA
8.91 329.84%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5 698.13%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2 442.33%๐Ÿ‡บ๐Ÿ‡ธ USA
6.00 189.55%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.