Chord Energy
CHRD
#2046
Rank
$7.40 B
Marketcap
$178.24
Share price
1.39%
Change (1 day)
36.94%
Change (1 year)

P/E ratio for Chord Energy (CHRD)

P/E ratio as of March 2024 (TTM): 6.75

According to Chord Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.74896. At the end of 2022 the company had a P/E ratio of 2.23.

P/E ratio history for Chord Energy from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.23-71.03%
20217.71-3944.64%
2020-0.2006-81.32%
2019-1.07-97.9%
2018-51.2-410.61%
201716.5-247.04%
2016-11.2-51.31%
2015-23.0-808.76%
20143.25-82.98%
201319.1-0.33%
201219.2-43.37%
201133.8-511.32%
2010-8.22

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.