P/E ratio for CNX Resources (CNX)
P/E ratio as of September 2023 (TTM): 1.91
According to CNX Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.91107. At the end of 2021 the company had a P/E ratio of -6.28.
P/E ratio history for CNX Resources from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -6.28 | 56.38% |
| 2020 | -4.01 | -80.95% |
| 2019 | -21.1 | -777.16% |
| 2018 | 3.11 | -64.05% |
| 2017 | 8.66 | -310.84% |
| 2016 | -4.11 | 2.91% |
| 2015 | -3.99 | -110.05% |
| 2014 | 39.7 | 260.53% |
| 2013 | 11.0 | -29.64% |
| 2012 | 15.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alliance Resource Partners ARLP | 3.82 | 99.73% | 🇺🇸 USA |
 Peabody Energy
BTU | 2.30 | 20.29% | 🇺🇸 USA |
 Albertsons ACI | 10.5 | 447.77% | 🇺🇸 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.