EOG Resources
EOG
#282
Rank
$68.70 B
Marketcap
$120.84
Share price
-0.92%
Change (1 day)
-5.71%
Change (1 year)

P/E ratio for EOG Resources (EOG)

P/E ratio as of November 2024 (TTM): 8.92

According to EOG Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.91808. At the end of 2022 the company had a P/E ratio of 9.73.

P/E ratio history for EOG Resources from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.73-12.03%
202111.1-123.07%
2020-48.0-370.79%
201917.720.41%
201814.7-38.94%
201724.1-147.41%
2016-50.8494.95%
2015-8.54-149.81%
201417.1-17.05%
201320.7-63.21%
201256.2133.83%
201124.0-83.18%
2010143222.94%
200944.2554.97%
20086.75-66.33%
200720.171.18%
200611.7-16.32%
200514.02.82%
200413.68.25%
200312.6-78.89%
200259.6410.36%
200111.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.72-47.05%๐Ÿ‡บ๐Ÿ‡ธ USA
5.22-41.46%๐Ÿ‡บ๐Ÿ‡ธ USA
7.75-13.15%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8 32.01%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4 39.39%๐Ÿ‡บ๐Ÿ‡ธ USA
2.04-77.12%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0 12.37%๐Ÿ‡บ๐Ÿ‡ธ USA
26.5 197.40%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.