The current price-to-earnings ratio for Pioneer Natural Resources stock as of Nov 29, 2023 is 10.59. This is calculated based on the current EPS of $21.71 and the stock price of $229.88 per share. The PE ratio has increased by 28% from the past four quarters average of 8.2.
The average historical PE ratio of Pioneer Natural Resources for the last nine years is 42.54. The current price-to-earnings ratio of 10.59 is 75% less than the historical average. In the past nine years, PXD's PE ratio reached its highest point in the Sep 2017 quarter at 199.38, when the stock price was $147.54 and the EPS was $0.74. The lowest point was recorded in the Mar 2023 quarter, when it reached 6.92 with a price of $204.24 and an EPS of $29.51.
Maximum annual increase: 42.9% in 2019
Maximum annual decrease: -65.14% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 7 | -65.14% |
| 2021 | 20.08 | N/A |
| 2020 | N/A | N/A |
| 2019 | 32.91 | 42.9% |
| 2018 | 23.03 | -35.25% |
| 2017 | 35.57 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 23.26 | N/A |
| 2013 | N/A | N/A |
The current PE ratio of PXD is lower than the 3, 5 and 10-year averages.
When compared to its peer stocks EOG and DVN, PXD's PE ratio is higher. Pioneer Natural Resources's PE ratio is trading above the peer group average of 6.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CHK Chesapeake Energy Corp | 1.91 | $10.45B |
| SD Sandridge Energy Inc | 3.12 | $515.57M |
| SM SM Energy Co | 5.41 | $4.34B |
| APA Apache Corp | 7.23 | $11.14B |
| DVN Devon Energy Corp | 7.62 | $28.72B |
| EOG Eog Resources Inc | 9.09 | $71.87B |
| MRO Marathon Oil Corp | 9.2 | $14.81B |
| PXD Pioneer Natural Resources Co | 10.59 | $53.63B |
PXD's price to earnings ratio is 10.59 as of Nov 29, 2023.
The 3-year average PE ratio for PXD stock is 27.0.
The 5-year average PE ratio for PXD stock is 32.85.
Over the last nine years, the quarterly PE ratio reached a historic high of 199.38 in the Sep 2017 quarter.
The current price to earnings ratio of PXD is 75% lower than the 9-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 29, 2023), Pioneer Natural Resources's stock price is $229.88. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $21.71. Therefore, Pioneer Natural Resources's price to earnings ratio for today is 10.59. PE RATIO(10.59) = STOCK PRICE($229.88) / TTM EPS($21.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.