P/E ratio for Pioneer Natural Resources (PXD)
P/E ratio as of May 2023 (TTM): 6.79
According to Pioneer Natural Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.7884. At the end of 2021 the company had a P/E ratio of 21.0.
P/E ratio history for Pioneer Natural Resources from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.0 | -114.35% |
| 2020 | -146 | -533.11% |
| 2019 | 33.7 | 46.37% |
| 2018 | 23.0 | -35.24% |
| 2017 | 35.6 | -167.35% |
| 2016 | -52.8 | -21.24% |
| 2015 | -67.0 | -386.48% |
| 2014 | 23.4 | -176.03% |
| 2013 | -30.8 | |
| 2011 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apache Corporation APA | 5.05 | -25.58% | 🇺🇸 USA |
 Cimarex Energy
XEC | N/A | N/A | 🇺🇸 USA |
 EOG Resources EOG | 6.67 | -1.75% | 🇺🇸 USA |
 Marathon Oil
MRO | 5.47 | -19.48% | 🇺🇸 USA |
 Devon Energy
DVN | 5.01 | -26.17% | 🇺🇸 USA |
 SandRidge Energy
SD | 3.09 | -54.53% | 🇺🇸 USA |
 Contango Oil & Gas Company MCF | N/A | N/A | 🇺🇸 USA |
 SM Energy
SM | 2.54 | -62.56% | 🇺🇸 USA |
 Laredo Petroleum LPI | 1.10 | -83.81% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 1.41 | -79.21% | 🇺🇸 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.