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 |
|---|---|---|
| 2021 | 11.2 | -551.9% |
| 2020 | -2.48 | 253.55% |
| 2019 | -0.7019 | -48.07% |
| 2018 | -1.35 | -110.62% |
| 2017 | 12.7 | -203.38% |
| 2016 | -12.3 | 114.68% |
| 2015 | -5.74 | |
| 2013 | 120 | -86.58% |
| 2012 | 898 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cabot Oil & Gas
COG | N/A | N/A | 🇺🇸 USA |
 Pioneer Natural Resources PXD | 6.27 | 28.41% | 🇺🇸 USA |
 EQT Corporation
EQT | 6.09 | 24.78% | 🇺🇸 USA |
 Antero Resources
AR | 3.36 | -31.24% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 3.12 | -36.07% | 🇺🇸 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.