ConocoPhillips
COP
#64
Rank
$154.31 B
Marketcap
$123.84
Share price
-2.34%
Change (1 day)
73.25%
Change (1 year)

ConocoPhillips is an international energy company and is considered the third largest US oil company.

P/E ratio for ConocoPhillips (COP)

P/E ratio as of November 2022 (TTM): 9.02

According to ConocoPhillips's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.01966. At the end of 2020 the company had a P/E ratio of -16.0.

P/E ratio history for ConocoPhillips from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2020-16.0-258.16%
201910.1-12.9%
201811.6-110.36%
2017-112550.14%
2016-17.232.11%
2015-13.0-204.81%
201412.430.68%
20139.5224.13%
20127.67

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.81-24.49%๐Ÿ‡จ๐Ÿ‡ณ China
-10.3-213.74%๐Ÿ‡ฌ๐Ÿ‡ง UK
5.67-37.09%๐Ÿ‡บ๐Ÿ‡ธ USA
8.96-0.62%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1 12.04%๐Ÿ‡บ๐Ÿ‡ธ USA
6.97-22.76%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2 156.95%๐Ÿ‡บ๐Ÿ‡ธ USA
7.54-16.44%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.