Latest P/E ratio for Goodrich Petroleum: -6.38 — see history and peer comparisons.
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+ Follow-6.38
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.
Goodrich Petroleum (GDP) currently reports a P/E ratio of -6.38. That is below the Energy sector average of 20.06. Use the charts on this page to explore Goodrich Petroleum's P/E ratio history and peer comparisons.
Goodrich Petroleum's P/E ratio of -6.38 is lower than the Energy sector average of 20.06. That is roughly 131.8% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Goodrich Petroleum's market price to a fundamental measure such as earnings, sales, or book value. At -6.38, GDP can look expensive or cheap only in context — versus its own history, growth rate, and Energy peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of -6.38, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 20.06. From there, open related valuation or income-statement pages for Goodrich Petroleum, and consider following GDP for alerts when major investors trade the stock.
Goodrich Petroleum is classified in the Energy sector. On P/E ratio, it currently shows -6.38 versus a sector average near 20.06. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Energy are usually more informative than comparing GDP with unrelated industries.