The PE ratio for Comstock Resources stock stands at 45.36 as of May 3, 2024. This is calculated based on the TTM EPS of $0.22 and the stock price of $9.98 per share. An increase of 197% has been observed in the PE ratio compared to its average of 15.3 of the last four quarters.
Over the last six years, the average PE ratio of Comstock Resources has been 11.29. The current 45.36 P/E ratio is similar to the historical average. Looking back at the last six years, CRK's PE ratio peaked in the Mar 2024 quarter at 42.18, with a price of $9.28 and an EPS of $0.22. The Jun 2019 quarter marked the lowest point at 0.94, with a price of $5.57 and an EPS of $5.93.
Maximum annual increase: 302.77% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 11.64 | 302.77% |
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 |
The current PE ratio of CRK is higher than its 3, 5 and 10-year averages.
In comparison to its peer stocks MRO and SM, CRK's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
SM SM Energy Co | 7.83 | $5.77B |
MRO Marathon Oil Corp | 10.88 | $14.86B |
CRK Comstock Resources Inc | 45.36 | $2.92B |
CRK's price to earnings ratio is 45.36 as of May 3, 2024.
The 3-year average price to earnings ratio for CRK stock is 9.86.
The 5-year average price to earnings ratio for CRK stock is 11.59.
The current PE of 45.36 represents the highest historical value in the last six years.
The current PE ratio of CRK is 302% higher than the 6-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Comstock Resources's share price is $9.98. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.22. Therefore, Comstock Resources's PE ratio for today is 45.36. PE RATIO(45.36) = STOCK PRICE($9.98) / TTM EPS($0.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.