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+ Follow-41.70
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, CRC shows a P/E ratio of -41.7. That is below the Energy sector average of 13.15. Scroll down for historical charts and peer comparison views.
The Energy sector average P/E ratio is about 13.15. California Resources is at -41.7, which is lower that average. That is roughly 417.0% below the sector mean. Use the comparison chart on this page to see how CRC stacks up against individual peers as well.
Investors watch CRC's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. California Resources's latest reading is -41.7. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has California Resources's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently -41.7) with ownership activity and broader fundamentals.
The Energy average P/E ratio is about 13.15, while CRC is at -41.7. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.