As of May 2, 2024, the Chord Energy stock's PE ratio is 7.13. This results from the current EPS of $24.59 and stock price of $175.29. The P/E ratio marks an increase of 36% from the past four quarters average of 5.3.
The PE ratio of Chord Energy has averaged 4.37 over the last three years. The current PE ratio of 7.13 is 63% above the historical average. Over the past three years, CHRD's PE ratio was at its highest in the Dec 2021 quarter at 7.8, when the stock price was $125.99 and the EPS was $16.15. The lowest value was in the Sep 2022 quarter, when it reached 2.16 with a price of $136.77 and an EPS of $63.21.
Maximum annual increase: 200.44% in 2023
Maximum annual decrease: -71.15% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 6.76 | 200.44% |
| 2022 | 2.25 | -71.15% |
| 2021 | 7.8 | N/A |
The current PE ratio of CHRD is above the 3-year historical average.
CHRD's PE ratio is lower than its peer stock PR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CHRD Chord Energy Corp | 7.13 | $7.26B |
| PR Permian Resources Corp | 12.29 | $12.91B |
The price to earnings ratio for CHRD stock is 7.13 as of May 2, 2024.
As an average over the last 3 years, CHRD stock has a PE ratio of 4.37.
The highest quarterly PE ratio in the last three years has been 7.8 and it was in the Dec 2021 quarter.
CHRD's price to earnings ratio is currently 63% above its 3-year historical average.
CHRD's PE ratio of 7.13 is considered low because the company's stock price is trading at a lower multiple of earnings.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 2, 2024), Chord Energy's stock price is $175.29. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $24.59. Therefore, Chord Energy's P/E ratio for today is 7.13. PE RATIO(7.13) = STOCK PRICE($175.29) / TTM EPS($24.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.