P/E ratio for Range Resources (RRC)
P/E ratio as of June 2024 (TTM): 6.45
According to Range Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.4507. At the end of 2022 the company had a P/E ratio of 5.16.
P/E ratio history for Range Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.16 | -54% |
| 2021 | 11.2 | -585.38% |
| 2020 | -2.31 | 229.16% |
| 2019 | -0.7019 | -48.07% |
| 2018 | -1.35 | -110.62% |
| 2017 | 12.7 | -203.75% |
| 2016 | -12.3 | 113.91% |
| 2015 | -5.74 | -140.89% |
| 2014 | 14.0 | -88.35% |
| 2013 | 120 | -86.58% |
| 2012 | 898 | 421.68% |
| 2011 | 172 | -677.6% |
| 2010 | -29.8 | -79.09% |
| 2009 | -142 | -1035.99% |
| 2008 | 15.2 | -52.6% |
| 2007 | 32.1 | 37.94% |
| 2006 | 23.3 | -22.25% |
| 2005 | 29.9 | -12.22% |
| 2004 | 34.1 | 127.33% |
| 2003 | 15.0 | 36.12% |
| 2002 | 11.0 | -12.81% |
| 2001 | 12.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cabot Oil & Gas
COG | N/A | N/A | 🇺🇸 USA |
 Pioneer Natural Resources PXD | 12.4 | 92.70% | 🇺🇸 USA |
 EQT Corporation
EQT | 5.11 | -20.86% | 🇺🇸 USA |
 Antero Resources
AR | 11.9 | 85.13% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 2.25 | -65.09% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.