RRC Range Resources PE ratio, current and historical analysis
The price-to-earnings ratio for Range Resources stock stands at 17.61 as of Nov 21, 2024. This is calculated based on the current EPS of $2.02 and the stock price of $35.57 per share. An increase of 23% has been recorded in the P/E ratio compared to the average of 14.4 of the last 4 quarters.
RRC PE ratio history
Over the last ten years, the average PE ratio of Range Resources has been 27.75. The current 17.61 PE ratio is 37% 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.
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
RRC's current P/E ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.
RRC PE vs peers
RRC's PE ratio is lower than its peer stocks EQT and EXE.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RRC Range Resources Corp | 17.61 | $8.58B |
| EQT EQT Corp | 49.88 | $27.98B |
| EXE Expand Energy Corp. | 51.25 | $23.33B |
| AR ANTERO RESOURCES Corp | 222.67 | $10.39B |
Frequently asked questions
What is Range Resources's PE ratio?
RRC stock has a price to earnings ratio of 17.61 as of Nov 21, 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 9.37.
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 9.37.
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 37% 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 (Nov 21, 2024), Range Resources's stock price is $35.57. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.02. Therefore, Range Resources's P/E ratio for today is 17.61. PE RATIO(17.61) = STOCK PRICE($35.57) / TTM EPS($2.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.