CNX Resources
CNX
#2412
Rank
โ‚น517.70 B
Marketcap
โ‚น3,468
Share price
1.11%
Change (1 day)
95.53%
Change (1 year)

P/E ratio for CNX Resources (CNX)

P/E ratio as of November 2024 (TTM): 2.94

According to CNX Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.94056. At the end of 2022 the company had a P/E ratio of -187.

P/E ratio history for CNX Resources from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1872880.17%
2021-6.2856.38%
2020-4.01-80.95%
2019-21.1-777.16%
20183.11-64.05%
20178.66-310.84%
2016-4.112.91%
2015-3.99-110.05%
201439.7260.53%
201311.0-29.64%
201215.642.71%
201111.0-55.74%
201024.877.84%
200913.941.5%
20089.84-75.73%
200740.5236.16%
200612.140.11%
20058.61-44.64%
200415.5-107.2%
2003-216-309.84%
2002103

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.15 75.19%๐Ÿ‡บ๐Ÿ‡ธ USA
3.22 9.58%๐Ÿ‡บ๐Ÿ‡ธ USA
7.88 168.12%๐Ÿ‡บ๐Ÿ‡ธ 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.