SM Energy PE ratio SM

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: 7.9×
8-year median: 5.6×
Against its 8-year history: 77th; percentile: 0 is its lowest day, 100 its highest
8-year range: 2.0× to 76.9×
Peer median: 11.5×

SM Energy's PE ratio is 7.9× as of Oct 23, 2026: a share price of $40.11 against $5.08 of earnings per share over the last twelve months.

That is above its 8-year median of 5.6×, higher than on 77% of days in the last 8 years.

Over that time it ranged from 2.0× in Apr 2019 to 76.9× in May 2019.

The median for 10 oil and gas producers of a similar size is 11.5×.

PE ratio over time

median 5.6×

The dashed line is the 8-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	7.9×	2.8×	14.2×
2025	2.9×	2.9×	6.1×
2024	5.3×	5.1×	7.9×
2023	5.7×	2.5×	5.9×
2022	3.4×	3.3×	19.7×
2021	n/m a value too high to mean anything
2020	2.2×	2.2×	3.0×
2019	2.7×	2.0×	76.9×
2018	5.1×	4.8×	19.4×
2017	n/m a value too high to mean anything
2016	2.1×	2.1×	2.4×
2015	3.0×	2.1×	5.5×
2014	3.9×	3.1×	30.8×
2013	29.6×	28.5×	32.7×
2012	11.7×	6.0×	13.5×
2011	6.6×	6.3×	49.6×

Against its peers

Companies in Oil & Gas Exploration & Production nearest SM Energy's size, closest first, today.

Company	PE ratio
SMSM Energy	7.9×
CHRDChord Energy	10.6×
RRCRange Resources	12.6×
MTDRMatador Resources	10.3×
ARANTERO RESOURCES	11.5×
MURMurphy Oil	22.0×
MGYMagnolia Oil & Gas	11.5×
LBLandBridge Co LLC	79.9×
CNXCNX Resources	5.8×
VNOMViper Energy	361×
APAAPA	11.0×
Peer median	11.5×

Where SM Energy ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on SM Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.