The PE ratio for California Resources stock stands at 9.56 as of Apr 1, 2025. This results from the current EPS of $4.74 and stock price of $45.31. A decrease of 32% has been recorded in the PE ratio compared to the average of 14.1 of the last four quarters.
Over the last four years, the average PE ratio of California Resources has been 7.97. The current 9.56 P/E ratio is 20% higher than the historical average. In the past four years, CRC's PE ratio peaked in the Jun 2024 quarter at 22.36, with a price of $53.22 and an EPS of $2.38. The Sep 2022 quarter marked the lowest point at 2.62, with a price of $38.43 and an EPS of $14.69.
Maximum annual increase: 62.22% in 2024
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 10.95 | 62.22% | $51.89 | $4.74 |
2023 | 6.75 | 7.66% | $54.68 | $8.1 |
2022 | 6.27 | 9.42% | $43.51 | $6.94 |
2021 | 5.73 | N/A | $42.71 | $7.46 |
2019 | N/A | N/A | N/A | -$0.57 |
2018 | N/A | N/A | N/A | $6.77 |
2017 | N/A | N/A | N/A | -$6.26 |
Currently, CRC's PE ratio is higher than its 3-year historical average.
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 | 7.29 | $6.54B |
CRC California Resources Corp | 9.63 | $4.14B |
SN SharkNinja Inc. | 28.16 | $12.41B |
WTI W&T Offshore Inc | N/A | $215.55M |
The price to earnings ratio for CRC stock is 9.56 as of Apr 1, 2025.
The 3-year average price to earnings ratio for CRC stock is 8.27.
The highest quarterly PE ratio in the last four years has been 22.36 and it was in the Jun 2024 quarter.
CRC's price to earnings ratio is currently 20% above its 4-year historical average.
CRC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), California Resources's stock price is $45.31. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $4.74. Therefore, California Resources's PE ratio for today is 9.56. PE RATIO(9.56) = STOCK PRICE($45.31) / TTM EPS($4.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.