P/E ratio for CVR Energy (CVI)
P/E ratio as of September 2023 (TTM): 6.53
According to CVR Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.52947. At the end of 2021 the company had a P/E ratio of 70.0.
P/E ratio history for CVR Energy from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 70.0 | -1298.7% |
| 2020 | -5.84 | -154.63% |
| 2019 | 10.7 | -3.53% |
| 2018 | 11.1 | -19.32% |
| 2017 | 13.7 | -84.85% |
| 2016 | 90.7 | 349.36% |
| 2015 | 20.2 | 4.26% |
| 2014 | 19.4 | 90.3% |
| 2013 | 10.2 | -9.11% |
| 2012 | 11.2 | 138.39% |
| 2011 | 4.69 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Marathon Petroleum MPC | 5.60 | -14.29% | 🇺🇸 USA |
 Phillips 66 PSX | 5.20 | -20.37% | 🇺🇸 USA |
 HollyFrontier HFC | 10.7 | 63.92% | 🇺🇸 USA |
 Valero Energy VLO | 5.05 | -22.67% | 🇺🇸 USA |
 Delek US DK | -37.6 | -676.35% | 🇺🇸 USA |
 Calumet Specialty Products Partners CLMT | -34.8 | -632.97% | 🇺🇸 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.