CNX CNX Resources PE ratio, current and historical analysis
The PE ratio for CNX Resources stock stands at 8.31 as of Jan 21, 2025. This is calculated based on the TTM EPS of $3.61 and the stock price of $30.01 per share. An increase of 51% has been observed in the PE ratio compared to its average of 5.5 of the last four quarters.
CNX PE ratio history
Over the last ten years, the average PE ratio of CNX Resources has been 7.78. The current 8.31 P/E ratio is 7% higher 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.
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
CNX's current PE ratio is higher than the 3, 5 and 10-year averages.
CNX PE vs peers
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 8.31 is higher than the average of its peers, which is 7.94.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BTU Peabody Energy Corp | 4.61 | $2.33B |
| ARLP Alliance Resource Partners Lp | 7.98 | $3.6B |
| NRP Natural Resource Partners Lp | 8.08 | $1.41B |
| CNX CNX Resources Corp | 8.16 | $4.39B |
| ACI Albertsons Companies Inc | 10.93 | $11.33B |
Frequently asked questions
What is CNX Resources's PE ratio?
CNX stock has a price to earnings ratio of 8.31 as of Jan 21, 2025.
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 3.9.
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 3.9.
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 7% higher 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 (Jan 21, 2025), CNX Resources's share price is $30.01. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.61. Therefore, CNX Resources's PE ratio for today is 8.31. PE RATIO(8.31) = STOCK PRICE($30.01) / TTM EPS($3.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.