Equinor
EQNR
#110
Rank
$100.62 B
Marketcap
$31.67
Share price
-1.49%
Change (1 day)
32.29%
Change (1 year)

P/E ratio for Equinor (EQNR)

P/E ratio as of September 2022 (TTM): 6.27

According to Equinor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.27129. At the end of 2021 the company had a P/E ratio of 9.97.

P/E ratio history for Equinor from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.97-202.38%
2020-9.74-126.91%
201936.2288.16%
20189.33-39.05%
201715.3-177.17%
2016-19.8102.42%
2015-9.79-169.03%
201414.222.55%
201311.673.17%
20126.69

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.