The PE ratio for CNX Resources stock stands at 3.99 as of Jun 2, 2026. This is calculated based on the TTM EPS of $8.35 and the stock price of $33.32 per share. A decrease of 72% has been observed in the PE ratio compared to its average of 14.2 of the last four quarters.
CNX PE ratio history
Over the last nine years, the average PE ratio of CNX Resources has been 6.81. The current 3.99 P/E ratio is 41% lower than the historical average. Looking back at the last nine years, CNX's PE ratio peaked in the Jun 2025 quarter at 29.03, with a price of $33.68 and an EPS of $1.16. The Jun 2023 quarter marked the lowest point at 1.63, with a price of $17.72 and an EPS of $10.88.
CNX Resources PE ratio by year
Maximum annual increase: 263.12% in 2014
Maximum annual decrease: -65.38% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 8.21 | N/A | $36.77 | $4.48 |
| 2024 | N/A | N/A | $36.67 | -$0.6 |
| 2023 | 1.89 | N/A | $20 | $10.59 |
| 2022 | N/A | N/A | $16.84 | -$0.75 |
| 2021 | N/A | N/A | $13.75 | -$2.31 |
| 2020 | N/A | N/A | $10.8 | -$2.43 |
| 2019 | N/A | N/A | $8.85 | -$0.42 |
| 2018 | 3.05 | -65.38% | $11.42 | $3.75 |
| 2017 | 8.81 | N/A | $14.63 | $1.66 |
| 2016 | N/A | N/A | $15.19 | -$3.7 |
| 2015 | N/A | N/A | $6.58 | -$1.64 |
| 2014 | 47.75 | 263.12% | $28.18 | $0.59 |
| 2013 | 13.15 | -29.72% | $31.7 | $2.41 |
| 2012 | 18.71 | 42.5% | $26.75 | $1.43 |
| 2011 | 13.13 | -56.68% | $30.58 | $2.33 |
CNX Resources PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 4.62 | -43.73% | $38.55 | $8.35 |
| Dec 2025 | 8.21 | -44.53% | $36.77 | $4.48 |
| Sep 2025 | 14.8 | -49.02% | $32.12 | $2.17 |
| Jun 2025 | 29.03 | N/A | $33.68 | $1.16 |
| Mar 2025 | N/A | N/A | $31.48 | -$1.98 |
| Dec 2024 | N/A | N/A | $36.67 | -$0.6 |
| Sep 2024 | 9.02 | 22.55% | $32.57 | $3.61 |
| Jun 2024 | 7.36 | 95.74% | $24.3 | $3.3 |
| Mar 2024 | 3.76 | 98.94% | $23.72 | $6.31 |
| Dec 2023 | 1.89 | 11.18% | $20 | $10.59 |
| Sep 2023 | 1.7 | 4.29% | $22.58 | $13.29 |
| Jun 2023 | 1.63 | -16.84% | $17.72 | $10.88 |
| Mar 2023 | 1.96 | N/A | $16.02 | $8.16 |
| Dec 2022 | N/A | N/A | $16.84 | -$0.75 |
| Sep 2022 | N/A | N/A | $15.53 | -$3.87 |
CNX Price vs fair value
CNX average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
CNX's current PE ratio is lower than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 3.99, CNX ranks lower than the Energy sector and the industry average. In comparison with the Energy sector average of 17.63, CNX Resources's price to earnings (P/E) is 77% lower.
CNX PE vs peers
CNX's PE ratio stands lower than its peer stocks ACI and ARLP.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNX CNX Resources Corp | 4.02 | $4.75B |
| NRP Natural Resource Partners Lp | 12.28 | $1.4B |
| ARLP Alliance Resource Partners Lp | 13.37 | $3.27B |
| ACI Albertsons Companies Inc | 39.28 | $7.77B |
| BTU Peabody Energy Corp | N/A | $3.67B |
Frequently asked questions
What is CNX Resources's PE ratio?
CNX stock has a price to earnings ratio of 3.99 as of Jun 2, 2026.
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 8.2.
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 7.63.
What is the highest PE ratio for CNX?
The highest quarterly PE ratio in the last nine years has been 29.03 and it was in the Jun 2025 quarter.
How does the current PE ratio for CNX compare to its historical average?
The current PE ratio of CNX is 41% lower than the 9-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 2, 2026), CNX Resources's share price is $33.32. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $8.35. Therefore, CNX Resources's PE ratio for today is 3.99. PE RATIO(3.99) = STOCK PRICE($33.32) / TTM EPS($8.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.