P/E ratio for Hess (HES)

P/E ratio history for Hess from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
ConocoPhillips COP	11.7	-55.95%	🇺🇸 USA
Exxon Mobil XOM	11.5	-56.76%	🇺🇸 USA
Occidental Petroleum OXY	7.77	-70.83%	🇺🇸 USA
Marathon Oil MRO	9.98	-62.51%	🇺🇸 USA
Chevron CVX	11.3	-57.40%	🇺🇸 USA
BP BP	3.39	-87.27%	🇬🇧 UK
Sinopec 600028.SS	12.2	-54.32%	🇨🇳 China

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.