P/E ratio for Matador Resources (MTDR)
P/E ratio as of September 2023 (TTM): 7.38
According to Matador Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.37887. At the end of 2021 the company had a P/E ratio of 7.38.
P/E ratio history for Matador Resources from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.38 | -412.87% |
| 2020 | -2.36 | |
| 2012 | -13.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 EOG Resources EOG | 8.21 | 11.23% | 🇺🇸 USA |
 Marathon Oil
MRO | 8.19 | 11.02% | 🇺🇸 USA |
 Devon Energy
DVN | 6.35 | -13.98% | 🇺🇸 USA |
 Comstock Resources CRK | 2.65 | -64.03% | 🇺🇸 USA |
 Bonanza Creek Energy
BCEI | N/A | N/A | 🇺🇸 USA |
 Chesapeake Energy
CHK | 1.76 | -76.18% | 🇺🇸 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.