P/E ratio for SandRidge Energy (SD)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Occidental Petroleum OXY	9.46	285.07%	🇺🇸 USA
Chesapeake Energy CHK	1.94	-21.23%	🇺🇸 USA
Enterprise Products EPD	12.1	392.49%	🇺🇸 USA
W&T Offshore WTI	2.78	13.13%	🇺🇸 USA
Plains All American Pipeline PAA	11.4	363.99%	🇺🇸 USA
HollyFrontier HFC	10.7	335.69%	🇺🇸 USA
CVR Energy CVI	3.44	40.06%	🇺🇸 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.