P/E ratio for Coterra Energy (CTRA)
P/E ratio as of April 2024 (TTM): 6.82
According to Coterra Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.82206. At the end of 2022 the company had a P/E ratio of 4.81.
P/E ratio history for Coterra Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.81 | -56.47% |
| 2021 | 11.0 | -65.39% |
| 2020 | 31.9 | 198.86% |
| 2019 | 10.7 | -39.31% |
| 2018 | 17.6 | -86.46% |
| 2017 | 130 | -606.42% |
| 2016 | -25.7 | -59.37% |
| 2015 | -63.2 | -151.21% |
| 2014 | 123 | 113.26% |
| 2013 | 57.9 | -26.73% |
| 2012 | 79.0 | 22.75% |
| 2011 | 64.3 | 71.64% |
| 2010 | 37.5 | 23.8% |
| 2009 | 30.3 | 143.33% |
| 2008 | 12.4 | -54.09% |
| 2007 | 27.1 | 87.9% |
| 2006 | 14.4 | -7.39% |
| 2005 | 15.6 | -28.93% |
| 2004 | 21.9 | -51.49% |
| 2003 | 45.2 | -38.05% |
| 2002 | 72.9 | 110.18% |
| 2001 | 34.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NACCO Industries
NC | 11.2 | 63.96% | 🇺🇸 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.