The current PE ratio for HighPeak Energy stock as of May 3, 2024 is 8.67. This is calculated based on the TTM EPS of $1.64 and the stock price of $14.22 per share. The PE ratio marks an increase of 2.2% from its last 4 quarters average of 8.5.
The average historical PE ratio of HighPeak Energy for the last six years is 50.39. The current P/E ratio of 8.67 is 83% lower than the historical average. Looking back at the last six years, HPK's PE ratio peaked in the Sep 2018 quarter at 138.64, when the price was $9.71 and the EPS was $0.07. The lowest point was in the Jun 2023 quarter, when it reached 5.11 with a price of $10.88 and an EPS of $2.13.
Maximum annual decrease: -57.89% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.68 | -22.57% |
| 2022 | 11.21 | -57.89% |
| 2021 | 26.62 | N/A |
| 2020 | N/A | N/A |
| 2019 | 64.81 | -27.55% |
| 2018 | 89.45 | N/A |
Currently, HPK's PE ratio is lower than its 3 and 5-year averages.
HPK's PE ratio stands lower than its peer stock PTEN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPK HighPeak Energy Inc | 8.67 | $1.83B |
| PTEN Patterson Uti Energy Inc | 12.14 | $4.36B |
| RIG Transocean Ltd | N/A | $4.57B |
As of May 3, 2024, HPK stock has a price to earnings ratio of 8.67.
The 3-year average price to earnings ratio for HPK stock is 24.71.
The 5-year average price to earnings ratio for HPK stock is 41.08.
Over the last six years, the quarterly PE ratio reached its highest level at 138.64 in the Sep 2018 quarter.
The current PE ratio of HPK is 83% lower than the 6-year historical average.
HPK's PE ratio of 8.67 is considered low because the company's stock price is trading at a lower multiple of earnings.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), HighPeak Energy's share price is $14.22. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.64. Therefore, HighPeak Energy's PE ratio for today is 8.67. PE RATIO(8.67) = STOCK PRICE($14.22) / TTM EPS($1.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.