CRC California Resources PE ratio, current and historical analysis
The PE ratio for California Resources stock stands at 9.37 as of Mar 20, 2025. This results from the current EPS of $4.74 and stock price of $44.42. A decrease of 34% has been recorded in the PE ratio compared to the average of 14.1 of the last four quarters.
CRC PE ratio history
Over the last four years, the average PE ratio of California Resources has been 7.97. The current 9.37 P/E ratio is 18% 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.
California Resources PE ratio by year
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 |
| 2016 | N/A | N/A | N/A | $6.76 |
California Resources PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 10.95 | 36.88% | $51.89 | $4.74 |
| Sep 2024 | 8 | -64.22% | $52.47 | $6.56 |
| Jun 2024 | 22.36 | 48.08% | $53.22 | $2.38 |
| Mar 2024 | 15.1 | 123.7% | $55.1 | $3.65 |
| Dec 2023 | 6.75 | -22.15% | $54.68 | $8.1 |
| Sep 2023 | 8.67 | 140.17% | $56.01 | $6.46 |
| Jun 2023 | 3.61 | 27.56% | $45.29 | $12.53 |
| Mar 2023 | 2.83 | -54.86% | $38.5 | $13.62 |
| Dec 2022 | 6.27 | 139.31% | $43.51 | $6.94 |
| Sep 2022 | 2.62 | -30.5% | $38.43 | $14.69 |
| Jun 2022 | 3.77 | -46.22% | $38.5 | $10.2 |
| Mar 2022 | 7.01 | 22.34% | $44.73 | $6.38 |
| Dec 2021 | 5.73 | N/A | $42.71 | $7.46 |
| Sep 2021 | N/A | N/A | $41 | N/A |
| Jun 2021 | N/A | N/A | $30.14 | N/A |
CRC average PE ratio chart
Currently, CRC's PE ratio is higher than its 3-year historical average.
CRC PE vs 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 | 7.31 | $6.55B |
| CRC California Resources Corp | 9.37 | $4.03B |
| SN SharkNinja Inc. | 28.47 | $12.55B |
| WTI W&T Offshore Inc | N/A | $236.22M |
Frequently asked questions
What is California Resources's PE ratio?
The price to earnings ratio for CRC stock is 9.37 as of Mar 20, 2025.
What is the 3-year average PE ratio for California Resources (CRC)?
The 3-year average price to earnings ratio for CRC stock is 8.16.
What is the highest PE ratio for CRC?
The highest quarterly PE ratio in the last four years has been 22.36 and it was in the Jun 2024 quarter.
How does the current PE ratio for CRC compare to its historical average?
CRC's price to earnings ratio is currently 18% above its 4-year historical average.
Why is California Resources's PE ratio so low?
CRC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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 (Mar 20, 2025), California Resources's stock price is $44.42. 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 9.37. PE RATIO(9.37) = STOCK PRICE($44.42) / TTM EPS($4.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.