P/E ratio for Pioneer Natural Resources (PXD)
P/E ratio as of April 2024 (TTM): 12.7
According to Pioneer Natural Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6856. At the end of 2022 the company had a P/E ratio of 7.02.
P/E ratio history for Pioneer Natural Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.02 | -66.51% |
| 2021 | 21.0 | -122.81% |
| 2020 | -91.8 | -372.44% |
| 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 | -176.29% |
| 2013 | -30.7 | -144.32% |
| 2012 | 69.2 | 446.1% |
| 2011 | 12.7 | -24.96% |
| 2010 | 16.9 | -116.13% |
| 2009 | -105 | -1232.6% |
| 2008 | 9.25 | -41.32% |
| 2007 | 15.8 | 134.6% |
| 2006 | 6.72 | -48.78% |
| 2005 | 13.1 | -6.61% |
| 2004 | 14.0 | 53.9% |
| 2003 | 9.12 | -91.33% |
| 2002 | 105 | 451.72% |
| 2001 | 19.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apache Corporation APA | 6.62 | -47.83% | 🇺🇸 USA |
 Cimarex Energy
XEC | N/A | N/A | 🇺🇸 USA |
 EOG Resources EOG | 9.99 | -21.25% | 🇺🇸 USA |
 Marathon Oil
MRO | 10.2 | -19.64% | 🇺🇸 USA |
 Devon Energy
DVN | 7.17 | -43.50% | 🇺🇸 USA |
 SandRidge Energy
SD | 2.70 | -78.70% | 🇺🇸 USA |
 Contango Oil & Gas Company MCF | N/A | N/A | 🇺🇸 USA |
 SM Energy
SM | 5.66 | -55.37% | 🇺🇸 USA |
 Laredo Petroleum LPI | 1.10 | -91.34% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 2.29 | -81.94% | 🇺🇸 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.