P/E ratio for Comstock Resources (CRK)
P/E ratio as of April 2024 (TTM): 3.75
According to Comstock Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.75102. At the end of 2022 the company had a P/E ratio of 2.93.
P/E ratio history for Comstock Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.93 | -140.92% |
| 2021 | -7.16 | -41.02% |
| 2020 | -12.1 | -179.65% |
| 2019 | 15.2 | -1620.71% |
| 2018 | -1.00 | -10.09% |
| 2017 | -1.11 | 36.92% |
| 2016 | -0.8140 | 888.09% |
| 2015 | -0.0824 | -98.5% |
| 2014 | -5.49 | -123.12% |
| 2013 | 23.8 | -464.47% |
| 2012 | -6.52 | -68.9% |
| 2011 | -21.0 | -63.3% |
| 2010 | -57.1 | 14.04% |
| 2009 | -50.1 | -681.96% |
| 2008 | 8.61 | -59.75% |
| 2007 | 21.4 | 14.28% |
| 2006 | 18.7 | -3.72% |
| 2005 | 19.4 | 20.74% |
| 2004 | 16.1 | 40.93% |
| 2003 | 11.4 | -58.2% |
| 2002 | 27.3 | 372.31% |
| 2001 | 5.79 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cimarex Energy
XEC | N/A | N/A | 🇺🇸 USA |
 Marathon Oil
MRO | 10.2 | 171.17% | 🇺🇸 USA |
 Pioneer Natural Resources PXD | 12.3 | 229.14% | 🇺🇸 USA |
 SM Energy
SM | 5.53 | 47.48% | 🇺🇸 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.