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.
Year | P/E ratio | Change |
---|---|---|
2016 | -1.22 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Occidental Petroleum OXY | 4.47 | 33.47% | ๐บ๐ธ USA |
![]() HollyFrontier HFC | 10.7 | 219.81% | ๐บ๐ธ USA |
![]() Plains All American Pipeline PAA | 8.86 | 164.70% | ๐บ๐ธ USA |
![]() W&T Offshore WTI | 2.53 | -24.46% | ๐บ๐ธ USA |
![]() Enterprise Products EPD | 10.1 | 201.93% | ๐บ๐ธ USA |
![]() CVR Energy CVI | 4.52 | 35.18% | ๐บ๐ธ USA |
![]() Chesapeake Energy
CHK | 1.49 | -55.54% | ๐บ๐ธ USA |
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.