Chord Energy
CHRD
#2194
Rank
$5.50 B
Marketcap
$132.20
Share price
-1.52%
Change (1 day)
6.96%
Change (1 year)

P/E ratio for Chord Energy (CHRD)

P/E ratio as of December 2022 (TTM): 2.09

According to Chord Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.08616. At the end of 2021 the company had a P/E ratio of 7.72.

P/E ratio history for Chord Energy from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.72
2018-51.2-410.61%
201716.5-247.04%
2016-11.2
20143.25-82.98%
201319.1-0.33%
201219.2

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.