Permian Resources
PR
#1533
Rank
S$15.20 B
Marketcap
$18.93
Share price
1.38%
Change (1 day)
2.86%
Change (1 year)

P/E ratio for Permian Resources (PR)

P/E ratio as of December 2024 (TTM): 8.45

According to Permian Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.45455. At the end of 2022 the company had a P/E ratio of 5.22.

P/E ratio history for Permian Resources from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.22-57.21%
202112.2-2117.74%
2020-0.6048-100.79%
201977.0431.03%
201814.5-77.3%
201763.9-948.87%
2016-7.52

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.