P/E ratio for SM Energy (SM)
P/E ratio as of June 2023 (TTM): 2.74
According to SM Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.74078. At the end of 2021 the company had a P/E ratio of 227.
P/E ratio history for SM Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | |
| 2013 | 32.5 | -149.75% |
| 2012 | -65.3 |
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 | 1.72 | -37.42% | 🇺🇸 USA |
 Range Resources
RRC | 3.23 | 17.83% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 1.49 | -45.71% | 🇺🇸 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.