Back to RRC overview

RRC Range Resources PE ratio, current and historical analysis

The price-to-earnings ratio for Range Resources stock stands at 16.95 as of Jun 20, 2024. This is calculated based on the current EPS of $2.01 and the stock price of $34.06 per share. An increase of 91% has been recorded in the P/E ratio compared to the average of 8.9 of the last 4 quarters.

RRC PE ratio history

How has RRC's PE ratio performed in the past

Over the last ten years, the average PE ratio of Range Resources has been 30.63. The current 16.95 PE ratio is 45% below the historical average. In the past ten years, RRC's PE ratio was at its highest in the Jun 2017 quarter at 257.44, with a price of $23.17 and an EPS of $0.09. The Mar 2023 quarter recorded the bottom point at 3.07, with a price of $26.47 and an EPS of $8.62.

Average
30.63
Median
13.8
Minimum
3.07
Maximum
257.44

Range Resources PE ratio by year

Maximum annual increase: 61.49% in 2023

Maximum annual decrease: -88.19% in 2014

Year PE ratio Change
2023 8.43 61.49%
2022 5.22 -51.71%
2021 10.81 N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 12.73 N/A
2016 N/A N/A
2015 N/A N/A
2014 14.03 -88.19%

RRC average PE ratio chart

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

RRC's current P/E ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.

3-year avg
7.91
5-year avg
7.91
10-year avg
30.63
15-year avg
91.77

RRC PE vs peers

What is RRC's PE ratio compared to its peers

RRC's PE ratio is lower than its peer stocks EQT and AR, but it is greater than CHK's.

Stock name PE ratio Market cap
CHK Chesapeake Energy Corp 10.48 $11B
RRC Range Resources Corp 16.95 $8.26B
EQT EQT Corp 25.34 $16.67B
AR ANTERO RESOURCES Corp 154.62 $10.09B

Frequently asked questions

What is Range Resources's PE ratio?

RRC stock has a price to earnings ratio of 16.95 as of Jun 20, 2024.

What is the 3-year average PE ratio for Range Resources (RRC)?

As an average over the last 3 years, RRC stock has a PE ratio of 7.91.

What is the 5-year average PE ratio for Range Resources (RRC)?

As an average over the last 5 years, RRC stock has a PE ratio of 7.91.

What is the highest PE ratio for RRC?

Over the last ten years, the quarterly PE ratio reached a historic high of 257.44 in the Jun 2017 quarter.

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

The current price to earnings ratio of RRC is 45% lower than the 10-year historical average.

How is RRC's PE ratio calculated (Range Resources PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 20, 2024), Range Resources's stock price is $34.06. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.01. Therefore, Range Resources's P/E ratio for today is 16.95. PE RATIO(16.95) = STOCK PRICE($34.06) / TTM EPS($2.01)

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