P/E ratio for Matador Resources (MTDR)
P/E ratio as of April 2024 (TTM): 9.22
According to Matador Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.22363. At the end of 2022 the company had a P/E ratio of 5.56.
P/E ratio history for Matador Resources from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.56 | -24.67% |
| 2021 | 7.38 | -412.87% |
| 2020 | -2.36 | -109.85% |
| 2019 | 24.0 | 273.36% |
| 2018 | 6.42 | -74.64% |
| 2017 | 25.3 | -209.06% |
| 2016 | -23.2 | 861.39% |
| 2015 | -2.41 | -118.73% |
| 2014 | 12.9 | -47.46% |
| 2013 | 24.5 | -276.47% |
| 2012 | -13.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 EOG Resources EOG | 9.99 | 8.31% | 🇺🇸 USA |
 Marathon Oil
MRO | 10.2 | 10.52% | 🇺🇸 USA |
 Devon Energy
DVN | 7.17 | -22.29% | 🇺🇸 USA |
 Comstock Resources CRK | 4.20 | -54.42% | 🇺🇸 USA |
 Bonanza Creek Energy
BCEI | N/A | N/A | 🇺🇸 USA |
 Chesapeake Energy
CHK | 2.29 | -75.16% | 🇺🇸 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.