SM Energy
SM
#2072
Rank
$5.58 B
Marketcap
$45.43
Share price
1.93%
Change (1 day)
59.91%
Change (1 year)

P/E ratio for SM Energy (SM)

P/E ratio as of October 2022 (TTM): 6.27

According to SM Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.26621. 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
2021227-25037.2%
2020-0.9094-86.57%
2019-6.77-298.58%
20183.41-122.39%
2017-15.2354.88%
2016-3.3512.38%
2015-2.98
201332.5-149.75%
2012-65.3

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.