Crescent Point Energy
CPG
#2630
Rank
$5.07 B
Marketcap
$8.19
Share price
1.61%
Change (1 day)
23.34%
Change (1 year)

P/E ratio for Crescent Point Energy (CPG)

P/E ratio as of March 2024 (TTM): -7.03

According to Crescent Point Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.02781. At the end of 2022 the company had a P/E ratio of 3.45.

P/E ratio history for Crescent Point Energy from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.45109.68%
20211.65-337.16%
2020-0.6942-77.52%
2019-3.09259.39%
2018-0.8594-97.66%
2017-36.7269.09%
2016-9.9316.5%
2015-8.53-139.64%
201421.5-79.43%
201310552.82%
201268.48.87%
201162.9-67.72%
2010195-186.19%
2009-226-3555.48%
20086.54-107.01%
2007-93.2-687.61%
200615.9-18.66%
200519.530.43%
200415.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.10-144.15%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.