The current PE ratio for HighPeak Energy stock as of Jul 25, 2024 is 13.18. This is calculated based on the TTM EPS of $1.29 and the stock price of $17 per share. The PE ratio marks an increase of 42% from its last 4 quarters average of 9.3.
The average historical PE ratio of HighPeak Energy for the last six years is 48.38. The current P/E ratio of 13.18 is 73% 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 stocks PTEN and SDRL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPK HighPeak Energy Inc | 12.95 | $2.14B |
| SDRL Seadrill Ltd. | 13.33 | $4.06B |
| PTEN Patterson Uti Energy Inc | 16.56 | $4.19B |
| RIG Transocean Ltd | N/A | $4.75B |
As of Jul 25, 2024, HPK stock has a price to earnings ratio of 13.18.
The 3-year average price to earnings ratio for HPK stock is 23.57.
The 5-year average price to earnings ratio for HPK stock is 38.14.
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 73% lower than the 6-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), HighPeak Energy's share price is $17. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.29. Therefore, HighPeak Energy's PE ratio for today is 13.18. PE RATIO(13.18) = STOCK PRICE($17) / TTM EPS($1.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.