Range Resources
RRC
#2008
Rank
$6.21 B
Marketcap
$23.54
Share price
2.89%
Change (1 day)
-12.42%
Change (1 year)

P/E ratio for Range Resources (RRC)

P/E ratio as of March 2023 (TTM): 4.88

According to Range Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.88247. At the end of 2021 the company had a P/E ratio of 11.2.

P/E ratio history for Range Resources from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202111.2-551.9%
2020-2.48253.55%
2019-0.7019-48.07%
2018-1.35-110.62%
201712.7-203.38%
2016-12.3114.68%
2015-5.74
2013120-86.58%
2012898

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
6.27 28.41%๐Ÿ‡บ๐Ÿ‡ธ USA
6.09 24.78%๐Ÿ‡บ๐Ÿ‡ธ USA
3.36-31.24%๐Ÿ‡บ๐Ÿ‡ธ USA
3.12-36.07%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.