According to Chord Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.32526. At the end of 2022 the company had a P/E ratio of 2.23.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.23 | -71.03% |
2021 | 7.71 | -3944.64% |
2020 | -0.2006 | -81.32% |
2019 | -1.07 | -97.9% |
2018 | -51.2 | -410.61% |
2017 | 16.5 | -247.04% |
2016 | -11.2 | -51.31% |
2015 | -23.0 | -808.76% |
2014 | 3.25 | -82.98% |
2013 | 19.1 | -0.33% |
2012 | 19.2 | -43.37% |
2011 | 33.8 | -511.32% |
2010 | -8.22 |
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.