P/E ratio for Chesapeake Utilities (CPK)
P/E ratio as of February 2023 (TTM): 25.9
According to Chesapeake Utilities 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.8545. At the end of 2021 the company had a P/E ratio of 30.6.
P/E ratio history for Chesapeake Utilities from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | 2.82% |
| 2014 | 20.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 21.1 | -18.30% | 🇺🇸 USA |
 NiSource
NI | 19.7 | -23.82% | 🇺🇸 USA |
 RGC Resources RGCO | -6.70 | -125.90% | 🇺🇸 USA |
 New Jersey Resources NJR | 18.2 | -29.60% | 🇺🇸 USA |
 South Jersey Industries
SJI | 88.0 | 240.46% | 🇺🇸 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.