SandRidge Energy
SD
#6024
Rank
$0.50 B
Marketcap
$13.63
Share price
-0.15%
Change (1 day)
-4.82%
Change (1 year)

P/E ratio for SandRidge Energy (SD)

P/E ratio as of May 2024 (TTM): 2.55

According to SandRidge Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.54529. At the end of 2022 the company had a P/E ratio of 2.58.

P/E ratio history for SandRidge Energy from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.58-20.69%
20213.26-916.74%
2020-0.399019.22%
2019-0.3346-98.81%
2018-28.2-330.08%
201712.3-1107.57%
2016-1.22

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.59 276.68%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 320.50%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 307.80%๐Ÿ‡บ๐Ÿ‡ธ USA
2.52-0.87%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3 343.92%๐Ÿ‡บ๐Ÿ‡ธ USA
3.61 41.94%๐Ÿ‡บ๐Ÿ‡ธ USA
2.26-11.34%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.