The PE ratio for Sandridge Energy stock stands at 8.95 as of Nov 15, 2024. This is calculated based on the TTM EPS of $1.28 and the stock price of $11.45 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 10.2 of the past four quarters.
Over the last seven years, the average PE ratio of Sandridge Energy has been 11.37. The current 8.95 price-to-earnings ratio is 21% less than the historical average. Analyzing the last seven years, SD's PE ratio reached its highest point in the Jun 2021 quarter at 89.71, with a price of $6.28 and an EPS of $0.07. The Mar 2023 quarter saw the lowest point at 2.29, with a price of $14.41 and an EPS of $6.28.
Maximum annual increase: 220.93% in 2023
Maximum annual decrease: -20.86% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 8.28 | 220.93% |
2022 | 2.58 | -20.86% |
2021 | 3.26 | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | 14.53 | N/A |
SD's current PE ratio is higher than the 3-year average, but it is under its 5-year average.
SD's PE ratio is below its peer stocks EPD and OXY. Sandridge Energy is currently trading at a lower PE ratio (8.95) than its peers average of 16.59.
Stock name | PE ratio | Market cap |
---|---|---|
SD Sandridge Energy Inc | 8.95 | $426.1M |
EPD Enterprise Products Partners Lp | 11.69 | $67.39B |
OXY Occidental Petroleum Corp | 12.19 | $46.89B |
PAA Plains All American Pipeline Lp | 15.2 | $12.09B |
CVI Cvr Energy Inc | 27.28 | $1.89B |
EXE Expand Energy Corp. | 48.22 | $21.95B |
WTI W&T Offshore Inc | N/A | $294.72M |
The price to earnings ratio for SD stock as of Nov 15, 2024, stands at 8.95.
The average PE ratio for SD stock over the past 3 years is 5.62.
The average PE ratio for SD stock over the past 5 years is 11.65.
The highest quarterly PE ratio in the last seven years has been 89.71 and it was in the Jun 2021 quarter.
The current PE ratio of SD is 21% lower than the 7-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 15, 2024), Sandridge Energy's share price is $11.45. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.28. Therefore, Sandridge Energy's price to earnings ratio for today is 8.95. PE RATIO(8.95) = STOCK PRICE($11.45) / TTM EPS($1.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.