SM SM Energy PE ratio, current and historical analysis
As of Dec 20, 2024, the SM stock has a P/E ratio of 5.1. The calculation is based on the latest EPS of $7.18 and the stock price of $36.59 per share. A decrease of 19% has been observed in the PE ratio compared to its average of 6.3 of the past four quarters.
SM PE ratio history
The mean historical PE ratio of SM Energy over the last ten years is 18.71. The current 5.1 price-to-earnings ratio is 73% less than the historical average. Analyzing the last ten years, SM's PE ratio reached its highest point in the Mar 2019 quarter at 145.75, with a price of $17.49 and an EPS of $0.12. The Mar 2023 quarter saw the lowest point at 2.73, with a price of $28.16 and an EPS of $10.3.
SM Energy PE ratio by year
Maximum annual increase: 46.74% in 2023
Maximum annual decrease: -96.1% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 5.62 | 46.74% |
| 2022 | 3.83 | -96.1% |
| 2021 | 98.27 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 3.41 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 3.89 | -87.97% |
SM average PE ratio chart
The current PE ratio of SM is under its 3, 5 and 10-year averages.
SM PE vs peers
When compared to its peer stocks EXE and SN, SM's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SM SM Energy Co | 5.1 | $4.19B |
| RRC Range Resources Corp | 16.43 | $8.01B |
| SN SharkNinja Inc. | 37.09 | $13.37B |
| EXE Expand Energy Corp. | 48.16 | $21.92B |
| CRK Comstock Resources Inc | N/A | $4.62B |
Frequently asked questions
What is SM Energy's PE ratio?
As of Dec 20, 2024, SM stock has a price to earnings ratio of 5.1.
What is the 3-year average PE ratio for SM Energy (SM)?
Over the last 3 years, the average PE ratio for SM stock is 13.45.
What is the 5-year average PE ratio for SM Energy (SM)?
Over the last 5 years, the average PE ratio for SM stock is 13.45.
What is the highest PE ratio for SM?
Over the last ten years, the quarterly PE ratio reached its highest level at 145.75 in the Mar 2019 quarter.
How does the current PE ratio for SM compare to its historical average?
SM's current price to earnings ratio is 73% below its 10-year historical average.
Why is SM Energy's PE ratio so low?
SM's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is SM's PE ratio calculated (SM Energy PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), SM Energy's share price is $36.59. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.18. Therefore, SM Energy's price to earnings ratio for today is 5.1. PE RATIO(5.1) = STOCK PRICE($36.59) / TTM EPS($7.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.