P/E ratio for Callon Petroleum (CPE)

P/E ratio history for Callon Petroleum from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Contango Oil & Gas Company MCF	N/A	N/A	🇺🇸 USA
Enterprise Products EPD	13.2	462.04%	🇺🇸 USA
SandRidge Energy SD	2.24	-5.04%	🇺🇸 USA
Oceaneering International OII	39.5	1,574.72%	🇺🇸 USA
Murphy Oil MUR	7.02	197.67%	🇺🇸 USA
Plains All American Pipeline PAA	11.1	369.78%	🇺🇸 USA
W&T Offshore WTI	2.29	-2.82%	🇺🇸 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.