SandRidge Energy
SD
#5426
Rank
$0.53 B
Marketcap
$14.62
Share price
5.48%
Change (1 day)
-42.64%
Change (1 year)

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
4.47 33.47%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 219.81%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86 164.70%๐Ÿ‡บ๐Ÿ‡ธ USA
2.53-24.46%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1 201.93%๐Ÿ‡บ๐Ÿ‡ธ USA
4.52 35.18%๐Ÿ‡บ๐Ÿ‡ธ USA
1.49-55.54%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.