P/E ratio for Chesapeake Utilities (CPK)
P/E ratio as of December 2023 (TTM): 19.2
According to Chesapeake Utilities 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2354. At the end of 2022 the company had a P/E ratio of 23.4.
P/E ratio history for Chesapeake Utilities from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.4 | -23.75% |
| 2021 | 30.6 | 20.88% |
| 2020 | 25.3 | 5.25% |
| 2019 | 24.1 | 2.47% |
| 2018 | 23.5 | 6.49% |
| 2017 | 22.1 | -5.41% |
| 2016 | 23.3 | 13.45% |
| 2015 | 20.6 | 2.68% |
| 2014 | 20.0 | 13.77% |
| 2013 | 17.6 | 17.28% |
| 2012 | 15.0 | 0.06% |
| 2011 | 15.0 | -0.65% |
| 2010 | 15.1 | 2.7% |
| 2009 | 14.7 | -6.6% |
| 2008 | 15.7 | -2.64% |
| 2007 | 16.2 | -8.22% |
| 2006 | 17.6 | 2.94% |
| 2005 | 17.1 | 7.02% |
| 2004 | 16.0 | 2.5% |
| 2003 | 15.6 | 17.63% |
| 2002 | 13.3 | -16.28% |
| 2001 | 15.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 19.5 | 1.14% | 🇺🇸 USA |
 NiSource
NI | 15.8 | -17.72% | 🇺🇸 USA |
 RGC Resources RGCO | -146 | -860.32% | 🇺🇸 USA |
 New Jersey Resources NJR | 14.4 | -25.12% | 🇺🇸 USA |
 South Jersey Industries
SJI | 88.0 | 357.62% | 🇺🇸 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.