Range Resources
RRC
#2040
Rank
$7.97 B
Marketcap
$33.03
Share price
0.85%
Change (1 day)
-0.24%
Change (1 year)

P/E ratio for Range Resources (RRC)

P/E ratio as of November 2024 (TTM): 5.82

According to Range Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.81514. 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
20225.16-54%
202111.2-585.38%
2020-2.31229.16%
2019-0.7019-48.07%
2018-1.35-110.62%
201712.7-203.75%
2016-12.3113.91%
2015-5.74-140.89%
201414.0-88.35%
2013120-86.58%
2012898421.68%
2011172-677.6%
2010-29.8-79.09%
2009-142-1035.99%
200815.2-52.6%
200732.137.94%
200623.3-22.25%
200529.9-12.22%
200434.1127.33%
200315.036.12%
200211.0-12.81%
200112.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.11-12.16%๐Ÿ‡บ๐Ÿ‡ธ USA
2.04-64.92%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4 113.76%๐Ÿ‡บ๐Ÿ‡ธ USA
9.94 70.97%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.