P/E ratio for EQT Corporation (EQT)
P/E ratio as of June 2023 (TTM): 2.98
According to EQT Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.97825. At the end of 2021 the company had a P/E ratio of -5.10.
P/E ratio history for EQT Corporation from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -5.10 | 52.35% |
| 2020 | -3.34 | 46.68% |
| 2019 | -2.28 | 3.45% |
| 2018 | -2.20 | -150.99% |
| 2017 | 4.32 | -132.47% |
| 2016 | -13.3 | -126.74% |
| 2015 | 49.8 | 208.08% |
| 2014 | 16.2 | -14.03% |
| 2013 | 18.8 | -28.57% |
| 2012 | 26.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cabot Oil & Gas
COG | N/A | N/A | 🇺🇸 USA |
 Williams Companies
WMB | 16.0 | 437.32% | 🇺🇸 USA |
 Oneok OKE | 11.5 | 286.89% | 🇺🇸 USA |
 Southwestern Energy
SWN | 0.8487 | -71.50% | 🇺🇸 USA |
 Sea (Garena) SE | -20.2 | -777.54% | 🇸🇬 Singapore |
 Range Resources
RRC | 3.23 | 8.44% | 🇺🇸 USA |
 Enterprise Products EPD | 10.1 | 239.28% | 🇺🇸 USA |
 Antero Resources
AR | 2.86 | -3.96% | 🇺🇸 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.