P/E ratio for Dril-Quip (DRQ)

P/E ratio history for Dril-Quip from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Oil States International OIS	35.8	-111.60%	🇺🇸 USA
TechnipFMC FTI	-446	44.78%	🇬🇧 UK
NOV NOV	13.1	-104.24%	🇺🇸 USA
Schlumberger SLB	15.1	-104.91%	🇺🇸 USA
Forum Energy Technologies FET	-43.6	-85.86%	🇺🇸 USA
Flotek Industries FTK	-18.5	-93.99%	🇺🇸 USA
Newpark Resources NR	29.3	-109.52%	🇺🇸 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.