P/E ratio for Crestwood Equity Partners (CEQP)

P/E ratio history for Crestwood Equity Partners 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
Suburban Propane Partners SPH	11.6	-46.83%	🇺🇸 USA
Sea Limited SE	65.0	198.92%	🇸🇬 Singapore
PBF Energy PBF	-6.76	-131.11%	🇺🇸 USA
Chevron CVX	20.8	-4.33%	🇺🇸 USA
Enterprise Products EPD	12.1	-44.14%	🇺🇸 USA
Occidental Petroleum OXY	29.1	33.66%	🇺🇸 USA
Exxon Mobil XOM	17.2	-20.94%	🇺🇸 USA
Chesapeake Energy CHK	2.04	-90.62%	🇺🇸 USA
Ultrapar Participacoes UGP	8.37	-61.52%	🇧🇷 Brazil

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.