P/E ratio for SM Energy (SM)
P/E ratio as of April 2024 (TTM): 5.39
According to SM Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.39169. At the end of 2022 the company had a P/E ratio of 3.84.
P/E ratio history for SM Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.84 | -98.31% |
| 2021 | 227 | -25037.2% |
| 2020 | -0.9094 | -86.57% |
| 2019 | -6.77 | -298.58% |
| 2018 | 3.41 | -122.39% |
| 2017 | -15.2 | 354.88% |
| 2016 | -3.35 | 12.38% |
| 2015 | -2.98 | -176.44% |
| 2014 | 3.90 | -88% |
| 2013 | 32.5 | -149.75% |
| 2012 | -65.3 | -400.87% |
| 2011 | 21.7 | 15.58% |
| 2010 | 18.8 | -187.15% |
| 2009 | -21.5 | -248.44% |
| 2008 | 14.5 | 14.6% |
| 2007 | 12.7 | 16.14% |
| 2006 | 10.9 | -21.24% |
| 2005 | 13.8 | -18.44% |
| 2004 | 17.0 | 82.77% |
| 2003 | 9.28 | -63.24% |
| 2002 | 25.3 | 71.61% |
| 2001 | 14.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cimarex Energy
XEC | N/A | N/A | 🇺🇸 USA |
 Comstock Resources CRK | 3.77 | -30.05% | 🇺🇸 USA |
 Range Resources
RRC | 6.12 | 13.57% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 2.19 | -59.44% | 🇺🇸 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.