The current PE ratio for Chesapeake Energy stock as of Jul 25, 2024 is 9.66. This is calculated based on the current EPS of $8.01 and the stock price of $77.4 per share. The P/E ratio has an increase of 102% from the past four quarters average of 4.8.
The average historical PE ratio of Chesapeake Energy for the last three years is 4.38. The current PE ratio of 9.66 is 121% above the historical average. In the past three years, CHK's PE ratio was at its highest in the Mar 2024 quarter at 11.09, when the stock price was $88.83 and the EPS was $8.01. The lowest value was in the Mar 2023 quarter, when it reached 1.38 with a price of $76.04 and an EPS of $55.03.
Maximum annual increase: 73.36% in 2023
Maximum annual decrease: -64.89% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.23 | 73.36% |
| 2022 | 2.44 | -64.89% |
| 2021 | 6.95 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
The current PE ratio of CHK is greater than its 3-year historical average.
Compared to its peers CVX and EOG, CHK's PE ratio stands lower, however it is higher than DVN's and APA's. Chesapeake Energy's current PE ratio of 9.66 is below the average of its peers, which is 10.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APA Apache Corp | 3.49 | $11.58B |
| DVN Devon Energy Corp | 8.79 | $29.29B |
| CHK Chesapeake Energy Corp | 9.7 | $10.19B |
| EOG Eog Resources Inc | 10 | $73.07B |
| MRO Marathon Oil Corp | 11.52 | $15.72B |
| CVX Chevron Corp | 14.45 | $291.53B |
| SLB Schlumberger Limited | 15.75 | $69.33B |
| FCX Freeport-Mcmoran Inc | 39.13 | $64.64B |
The price to earnings ratio for CHK stock as of Jul 25, 2024, stands at 9.66.
As an average over the last 3 years, CHK stock has a PE ratio of 4.38.
The highest quarterly PE ratio in the last three years has been 11.09 and it was in the Mar 2024 quarter.
The current price to earnings ratio of CHK is 121% higher than the 3-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Chesapeake Energy's stock price is $77.4. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.01. Therefore, Chesapeake Energy's P/E ratio for today is 9.66. PE RATIO(9.66) = STOCK PRICE($77.4) / TTM EPS($8.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.