The PE ratio for CNX Resources stock stands at 7.58 as of Jul 25, 2024. This is calculated based on the TTM EPS of $3.3 and the stock price of $25.01 per share. An increase of 106% has been observed in the PE ratio compared to its average of 3.7 of the last four quarters.
Over the last ten years, the average PE ratio of CNX Resources has been 10.21. The current 7.58 P/E ratio is 26% 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.
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's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
CNX's PE ratio stands lower than its peer stock ACI, but it is higher than ARLP's and BTU's. CNX Resources's current PE ratio of 7.58 is higher than the average of its peers, which is 6.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARLP Alliance Resource Partners Lp | 5.64 | $3.3B |
| BTU Peabody Energy Corp | 5.64 | $2.8B |
| NRP Natural Resource Partners Lp | 5.84 | $1.16B |
| CNX CNX Resources Corp | 7.68 | $3.83B |
| ACI Albertsons Companies Inc | 10.54 | $11.84B |
CNX stock has a price to earnings ratio of 7.58 as of Jul 25, 2024.
As an average over the last 3 years, CNX stock has a PE ratio of 3.05.
As an average over the last 5 years, CNX stock has a PE ratio of 3.28.
The highest quarterly PE ratio in the last ten years has been 51.65 and it was in the Mar 2015 quarter.
The current PE ratio of CNX is 26% lower than the 10-year historical average.
CNX's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), CNX Resources's share price is $25.01. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.3. Therefore, CNX Resources's PE ratio for today is 7.58. PE RATIO(7.58) = STOCK PRICE($25.01) / TTM EPS($3.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.