The current PE ratio for Civitas Resources stock as of May 2, 2024 is 7.76. This is calculated based on the TTM EPS of $9.09 and the stock price of $70.55 per share. The PE ratio has increased by 18% from its last 4 quarters average of 6.6.
The average historical PE ratio of Civitas Resources for the last ten years is 12.7. The current price-to-earnings ratio of 7.76 is 39% less than the historical average. Analyzing the last ten years, CIVI's PE ratio reached its highest point in the Dec 2014 quarter at 48, when the price was $2,678.57 and the EPS was $55.8. The lowest point was recorded in the Mar 2020 quarter, when it reached 1.52 with a price of $11.25 and an EPS of $7.39.
Maximum annual increase: 184.92% in 2019
Maximum annual decrease: -61.12% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.52 | 90.38% |
| 2022 | 3.95 | -61.12% |
| 2021 | 10.16 | 161.86% |
| 2020 | 3.88 | -45.96% |
| 2019 | 7.18 | 184.92% |
| 2018 | 2.52 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 48 | 89.95% |
| 2013 | 25.27 | 6.4% |
Currently, CIVI's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peer HCA, CIVI's PE ratio is lower, but it is higher than THC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| THC Tenet Healthcare Corp | 4.59 | $11.75B |
| CIVI Civitas Resources Inc | 8.31 | $7.63B |
| HCA HCA Healthcare Inc | 15.14 | $80.61B |
| AMED Amedisys Inc | N/A | $3.01B |
CIVI's price to earnings ratio is 7.76 as of May 2, 2024.
Over the last 3 years, the average PE ratio for CIVI stock is 8.53.
Over the last 5 years, the average PE ratio for CIVI stock is 8.17.
Over the last ten years, the Dec 2014 quarter recorded the highest quarterly PE ratio at 48.
The current PE ratio of CIVI is 39% lower than the 10-year historical average.
CIVI's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Civitas Resources's share price is $70.55. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $9.09. Therefore, Civitas Resources's price to earnings ratio for today is 7.76. PE RATIO(7.76) = STOCK PRICE($70.55) / TTM EPS($9.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.