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CNX CNX Resources PE ratio, current and historical analysis

The PE ratio for CNX Resources stock stands at 3.81 as of Jun 20, 2024. This is calculated based on the TTM EPS of $6.31 and the stock price of $24.04 per share. An increase of 70% has been observed in the PE ratio compared to its average of 2.2 of the last four quarters.

CNX PE ratio history

How has CNX's PE ratio performed in the past

Over the last ten years, the average PE ratio of CNX Resources has been 10.59. The current 3.81 P/E ratio is 64% lower than the historical average. Looking back at the last ten years, CNX's PE ratio peaked in the Mar 2015 quarter at 51.65, with a price of $23.24 and an EPS of $0.45. The Jun 2023 quarter marked the lowest point at 1.63, with a price of $17.72 and an EPS of $10.88.

Average
10.59
Median
4.65
Minimum
1.63
Maximum
51.65

CNX Resources PE ratio by year

Maximum annual increase: 263.12% in 2014

Maximum annual decrease: -65.38% in 2018

Year PE ratio Change
2023 1.89 N/A
2022 N/A N/A
2021 N/A N/A
2020 N/A N/A
2019 N/A N/A
2018 3.05 -65.38%
2017 8.81 N/A
2016 N/A N/A
2015 N/A N/A
2014 47.75 263.12%

CNX average PE ratio chart

What is the average PE ratio of CNX for the past years

CNX's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.

3-year avg
2.19
5-year avg
2.91
10-year avg
10.59
15-year avg
17.51

CNX PE vs peers

What is CNX's PE ratio compared to its peers

CNX's PE ratio stands lower than its peer stocks ACI and ARLP. CNX Resources's current PE ratio of 3.81 is lower than the average of its peers, which is 6.46.

Stock name PE ratio Market cap
CNX CNX Resources Corp 3.81 $3.68B
ARLP Alliance Resource Partners Lp 5.28 $3.09B
BTU Peabody Energy Corp 5.75 $2.85B
NRP Natural Resource Partners Lp 6.03 $1.2B
ACI Albertsons Companies Inc 8.78 $11.41B

Frequently asked questions

What is CNX Resources's PE ratio?

CNX stock has a price to earnings ratio of 3.81 as of Jun 20, 2024.

What is the 3-year average PE ratio for CNX Resources (CNX)?

As an average over the last 3 years, CNX stock has a PE ratio of 2.19.

What is the 5-year average PE ratio for CNX Resources (CNX)?

As an average over the last 5 years, CNX stock has a PE ratio of 2.91.

What is the highest PE ratio for CNX?

The highest quarterly PE ratio in the last ten years has been 51.65 and it was in the Mar 2015 quarter.

How does the current PE ratio for CNX compare to its historical average?

The current PE ratio of CNX is 64% lower than the 10-year historical average.

Why is CNX Resources's PE ratio so low?

CNX's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is CNX's PE ratio calculated (CNX Resources PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 20, 2024), CNX Resources's share price is $24.04. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.31. Therefore, CNX Resources's PE ratio for today is 3.81. PE RATIO(3.81) = STOCK PRICE($24.04) / TTM EPS($6.31)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.