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CRC California Resources PE ratio, current and historical analysis

The PE ratio for California Resources stock stands at 13.59 as of Jun 20, 2024. This results from the current EPS of $3.65 and stock price of $49.62. An increase of 59% has been recorded in the PE ratio compared to the average of 8.5 of the last four quarters.

CRC PE ratio history

How has CRC's PE ratio performed in the past

Over the last three years, the average PE ratio of California Resources has been 6.24. The current 13.59 P/E ratio is 118% higher than the historical average. In the past three years, CRC's PE ratio peaked in the Mar 2024 quarter at 15.1, with a price of $55.1 and an EPS of $3.65. The Sep 2022 quarter marked the lowest point at 2.62, with a price of $38.43 and an EPS of $14.69.

Average
6.24
Median
6
Minimum
2.62
Maximum
15.1

California Resources PE ratio by year

Maximum annual increase: 9.42% in 2022

Year PE ratio Change
2023 6.75 7.66%
2022 6.27 9.42%
2021 5.73 N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A
2016 N/A N/A

CRC average PE ratio chart

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

Currently, CRC's PE ratio is higher than its 3-year historical average.

3-year avg
6.24
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

CRC PE vs peers

What is CRC's PE ratio compared to its peers

CRC's PE ratio stands lower than its peer stock SN, but it is higher than MTDR's.

Stock name PE ratio Market cap
MTDR Matador Resources Co 7.93 $7.26B
CRC California Resources Corp 13.3 $3.33B
SN SharkNinja Inc. 57.62 $10.96B
WTI W&T Offshore Inc N/A $314.27M

Frequently asked questions

What is California Resources's PE ratio?

The price to earnings ratio for CRC stock is 13.59 as of Jun 20, 2024.

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

The 3-year average price to earnings ratio for CRC stock is 6.24.

What is the highest PE ratio for CRC?

The highest quarterly PE ratio in the last three years has been 15.1 and it was in the Mar 2024 quarter.

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

CRC's price to earnings ratio is currently 118% above its 3-year historical average.

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

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 20, 2024), California Resources's stock price is $49.62. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.65. Therefore, California Resources's PE ratio for today is 13.59. PE RATIO(13.59) = STOCK PRICE($49.62) / TTM EPS($3.65)

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