EQT Corporation
EQT
#1089
Rank
$16.15 B
Marketcap
$36.65
Share price
1.19%
Change (1 day)
12.46%
Change (1 year)

P/E ratio for EQT Corporation (EQT)

P/E ratio as of April 2024 (TTM): 4.54

According to EQT Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.54151. At the end of 2022 the company had a P/E ratio of 6.93.

P/E ratio history for EQT Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.93-234.77%
2021-5.1453.79%
2020-3.3446.68%
2019-2.283.45%
2018-2.20-151.01%
20174.32-132.47%
2016-13.3-126.65%
201550.0209.13%
201416.2-14.03%
201318.8-28.57%
201226.3184.12%
20119.26-39.28%
201015.3-24.07%
200920.1121.12%
20089.09-33.58%
200713.710.76%
200612.432.96%
20059.2927.72%
20047.27-14.7%
20038.5388.57%
20024.525.82%
20014.27

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
17.3 280.25%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6 221.13%๐Ÿ‡บ๐Ÿ‡ธ USA
1.46-67.96%๐Ÿ‡บ๐Ÿ‡ธ USA
116 2,443.89%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
6.21 36.73%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6 156.35%๐Ÿ‡บ๐Ÿ‡ธ USA
9.96 119.37%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.