Pioneer Natural Resources
PXD
#280
Rank
$64.22 B
Marketcap
$274.91
Share price
0.51%
Change (1 day)
20.98%
Change (1 year)

P/E ratio for Pioneer Natural Resources (PXD)

P/E ratio as of April 2024 (TTM): 12.6

According to Pioneer Natural Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6279. 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
20227.02-66.51%
202121.0-122.81%
2020-91.8-372.44%
201933.746.37%
201823.0-35.24%
201735.6-167.35%
2016-52.8-21.24%
2015-67.0-386.48%
201423.4-176.29%
2013-30.7-144.32%
201269.2446.1%
201112.7-24.96%
201016.9-116.13%
2009-105-1232.6%
20089.25-41.32%
200715.8134.6%
20066.72-48.78%
200513.1-6.61%
200414.053.9%
20039.12-91.33%
2002105451.72%
200119.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.57-48.00%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.91-21.55%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-19.86%๐Ÿ‡บ๐Ÿ‡ธ USA
7.11-43.67%๐Ÿ‡บ๐Ÿ‡ธ USA
2.72-78.42%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
5.56-55.97%๐Ÿ‡บ๐Ÿ‡ธ USA
1.10-91.30%๐Ÿ‡บ๐Ÿ‡ธ USA
2.21-82.48%๐Ÿ‡บ๐Ÿ‡ธ 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.