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CRK Comstock Resources PE ratio, current and historical analysis

The PE ratio for Comstock Resources stock stands at 2.67 as of Oct 2, 2023. This is calculated based on the TTM EPS of $3.96 and the stock price of $10.59 per share. A decrease of 10% has been observed in the PE ratio compared to its average of 3.0 of the last four quarters.

CRK PE ratio history

How has CRK's PE ratio performed in the past

Over the last ten years, the average PE ratio of Comstock Resources has been 10.6. The current 2.67 P/E ratio is 75% lower than the historical average. Looking back at the last ten years, CRK's PE ratio peaked in the Jun 2020 quarter at 36.5, with a price of $4.38 and an EPS of $0.12. The Jun 2019 quarter marked the lowest point at 0.94, with a price of $5.57 and an EPS of $5.93.

Average
10.6
Median
8.75
Minimum
0.94
Maximum
36.5

Comstock Resources PE ratio by year

Maximum annual increase: 113.06% in 2019

Year PE ratio Change
2022 2.89 N/A
2021 N/A N/A
2020 N/A N/A
2019 15.83 113.06%
2018 7.43 N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A
2014 N/A N/A
2013 21.52 N/A

CRK average PE ratio chart

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

The current PE ratio of CRK is lower than its 3, 5 and 10-year averages.

3-year avg
4.13
5-year avg
9.08
10-year avg
10.6
15-year avg
10.43

CRK PE vs peers

What is CRK's PE ratio compared to its peers

In comparison to its peer stocks PXD and MRO, CRK's PE ratio is lower.

Stock name PE ratio Market cap
CRK Comstock Resources Inc 2.68 $2.95B
SM SM Energy Co 4.27 $4.51B
MRO Marathon Oil Corp 7.92 $15.44B
PXD Pioneer Natural Resources Co 9.13 $52.04B

Frequently asked questions

What is Comstock Resources's PE ratio?

CRK's price to earnings ratio is 2.67 as of Oct 2, 2023.

What is the 3-year average PE ratio for Comstock Resources (CRK)?

The 3-year average price to earnings ratio for CRK stock is 4.13.

What is the 5-year average PE ratio for Comstock Resources (CRK)?

The 5-year average price to earnings ratio for CRK stock is 9.08.

What is the highest PE ratio for CRK?

Over the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 36.5.

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

The current PE ratio of CRK is 75% lower than the 10-year historical average.

Why is Comstock Resources's PE ratio so low?

CRK's PE ratio of 2.67 is considered low because the company's stock price is trading at a lower multiple of earnings.

How is CRK's PE ratio calculated (Comstock 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 (Oct 2, 2023), Comstock Resources's share price is $10.59. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $3.96. Therefore, Comstock Resources's PE ratio for today is 2.67. PE RATIO(2.67) = STOCK PRICE($10.59) / TTM EPS($3.96)

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