Comstock Resources
CRK
#3606
Rank
$2.68 B
Marketcap
$9.19
Share price
0.77%
Change (1 day)
-16.83%
Change (1 year)

P/E ratio for Comstock Resources (CRK)

P/E ratio as of April 2024 (TTM): 3.76

According to Comstock Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.76122. 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
20222.93-140.92%
2021-7.16-41.02%
2020-12.1-179.65%
201915.2-1620.71%
2018-1.00-10.09%
2017-1.1136.92%
2016-0.8140888.09%
2015-0.0824-98.5%
2014-5.49-123.12%
201323.8-464.47%
2012-6.52-68.9%
2011-21.0-63.3%
2010-57.114.04%
2009-50.1-681.96%
20088.61-59.75%
200721.414.28%
200618.7-3.72%
200519.420.74%
200416.140.93%
200311.4-58.2%
200227.3372.31%
20015.79

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 177.08%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4 229.12%๐Ÿ‡บ๐Ÿ‡ธ USA
5.59 48.75%๐Ÿ‡บ๐Ÿ‡ธ 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.