P/E ratio for CVR Energy (CVI)
P/E ratio as of April 2024 (TTM): 4.28
According to CVR Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.27643. At the end of 2022 the company had a P/E ratio of 6.81.
P/E ratio history for CVR Energy from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.81 | -90.27% |
| 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 | -94.74% |
| 2010 | 89.3 | 941.33% |
| 2009 | 8.58 | 309.46% |
| 2008 | 2.09 | -100.21% |
| 2007 | < -1000 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Marathon Petroleum MPC | 7.40 | 73.05% | 🇺🇸 USA |
 Phillips 66 PSX | 9.48 | 121.61% | 🇺🇸 USA |
 HollyFrontier HFC | 10.7 | 150.28% | 🇺🇸 USA |
 Valero Energy VLO | 5.69 | 33.05% | 🇺🇸 USA |
 Delek US DK | -37.3 | -973.20% | 🇺🇸 USA |
 Calumet Specialty Products Partners CLMT | -28.3 | -762.41% | 🇺🇸 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.