Pioneer Natural Resources
PXD
#266
Rank
$56.88 B
Marketcap
$239.41
Share price
0.14%
Change (1 day)
35.34%
Change (1 year)

P/E ratio for Pioneer Natural Resources (PXD)

P/E ratio as of December 2022 (TTM): 8.13

According to Pioneer Natural Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.13213. 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
202121.0-114.35%
2020-146-533.11%
201933.746.37%
201823.0-35.24%
201735.6-167.35%
2016-52.8-21.24%
2015-67.0-386.48%
201423.4-176.03%
2013-30.8
201112.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.49-44.83%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 33.20%๐Ÿ‡บ๐Ÿ‡ธ USA
5.66-30.39%๐Ÿ‡บ๐Ÿ‡ธ USA
7.17-11.85%๐Ÿ‡บ๐Ÿ‡ธ USA
4.49-44.79%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
3.93-51.67%๐Ÿ‡บ๐Ÿ‡ธ USA
1.41-82.71%๐Ÿ‡บ๐Ÿ‡ธ USA
4.31-47.03%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.