P/E ratio for SandRidge Energy (SD)
P/E ratio as of June 2023 (TTM): 3.35
According to SandRidge Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.34668. At the end of 2016 the company had a P/E ratio of -1.22.
P/E ratio history for SandRidge Energy from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2016 | -1.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Occidental Petroleum OXY | 4.47 | 33.47% | 🇺🇸 USA |
 HollyFrontier HFC | 10.7 | 219.81% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 8.86 | 164.70% | 🇺🇸 USA |
 W&T Offshore WTI | 2.53 | -24.46% | 🇺🇸 USA |
 Enterprise Products EPD | 10.1 | 201.93% | 🇺🇸 USA |
 CVR Energy CVI | 4.52 | 35.18% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 1.49 | -55.54% | 🇺🇸 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.