The current PE ratio for Par Pacific Holdings stock as of May 16, 2024 is 3.55. This is calculated based on the TTM EPS of $8.14 and the stock price of $28.86 per share. The current PE ratio is about the same compared to the last 4 quarters average.
The average historical PE ratio of Par Pacific Holdings for the last nine years is 17.57. The current price-to-earnings ratio of 3.55 is 80% less than the historical average. Analyzing the last nine years, PARR's PE ratio reached its highest point in the Jun 2015 quarter at 93.6, when the price was $18.72 and the EPS was $0.2. The lowest point was recorded in the Mar 2023 quarter, when it reached 2.36 with a price of $29.2 and an EPS of $12.38.
Maximum annual increase: 74.16% in 2019
Maximum annual decrease: -21.05% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 3 | -21.05% |
| 2022 | 3.8 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 29.05 | 74.16% |
| 2018 | 16.68 | 36.72% |
| 2017 | 12.2 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
The current PE ratio of PARR is under its 3, 5 and 10-year averages.
When compared to its peer stocks EGY and SD, PARR's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PARR Par Pacific Holdings Inc | 3.55 | $1.67B |
| SD Sandridge Energy Inc | 10.24 | $498.22M |
| EGY Vaalco Energy Inc | 10.28 | $638.32M |
| SWN Southwestern Energy Co | N/A | $8.29B |
PARR's price to earnings ratio is 3.55 as of May 16, 2024.
Over the last 3 years, the average PE ratio for PARR stock is 4.1.
Over the last 5 years, the average PE ratio for PARR stock is 11.3.
Over the last nine years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 93.6.
The current PE ratio of PARR is 80% lower than the 9-year historical average.
PARR's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 16, 2024), Par Pacific Holdings's share price is $28.86. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.14. Therefore, Par Pacific Holdings's price to earnings ratio for today is 3.55. PE RATIO(3.55) = STOCK PRICE($28.86) / TTM EPS($8.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.