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SM SM Energy PE ratio, current and historical analysis

As of Jun 14, 2024, the SM stock has a P/E ratio of 7.16. The calculation is based on the latest EPS of $6.4 and the stock price of $45.82 per share. An increase of 26% has been observed in the PE ratio compared to its average of 5.7 of the past four quarters.

SM PE ratio history

How has SM's PE ratio performed in the past

The mean historical PE ratio of SM Energy over the last ten years is 20.08. The current 7.16 price-to-earnings ratio is 64% 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.

Average
20.08
Median
7.22
Minimum
2.73
Maximum
145.75

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

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

The current PE ratio of SM is under its 3, 5 and 10-year averages.

3-year avg
14.96
5-year avg
15.36
10-year avg
20.08
15-year avg
22.96

SM PE vs peers

What is SM's PE ratio compared to its peers

When compared to its peer stocks CHK and SN, SM's PE ratio is lower.

Stock name PE ratio Market cap
SM SM Energy Co 7.16 $5.27B
CHK Chesapeake Energy Corp 10.63 $11.16B
RRC Range Resources Corp 17.54 $8.55B
CRK Comstock Resources Inc 50.68 $3.26B
SN SharkNinja Inc. 57.59 $10.95B

Frequently asked questions

What is SM Energy's PE ratio?

As of Jun 14, 2024, SM stock has a price to earnings ratio of 7.16.

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 14.96.

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 15.36.

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 64% 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 (Jun 14, 2024), SM Energy's share price is $45.82. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.4. Therefore, SM Energy's price to earnings ratio for today is 7.16. PE RATIO(7.16) = STOCK PRICE($45.82) / TTM EPS($6.4)

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