P/E ratio for Helix Energy Solutions (HLX)
P/E ratio as of April 2024 (TTM): 75.9
According to Helix Energy Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.9286. At the end of 2022 the company had a P/E ratio of -12.7.
P/E ratio history for Helix Energy Solutions from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -12.7 | 67.21% |
| 2021 | -7.61 | -125.37% |
| 2020 | 30.0 | 18.38% |
| 2019 | 25.3 | -11% |
| 2018 | 28.5 | -20.7% |
| 2017 | 35.9 | -393.1% |
| 2016 | -12.3 | 733.75% |
| 2015 | -1.47 | -112.59% |
| 2014 | 11.7 | -47.15% |
| 2013 | 22.1 | -148.13% |
| 2012 | -45.9 | -454.16% |
| 2011 | 13.0 | -230.15% |
| 2010 | -9.95 | -187.23% |
| 2009 | 11.4 | -1209.26% |
| 2008 | -1.03 | -108.72% |
| 2007 | 11.8 | 53.34% |
| 2006 | 7.69 | -65.51% |
| 2005 | 22.3 | 14.88% |
| 2004 | 19.4 | -29.2% |
| 2003 | 27.4 | -59.18% |
| 2002 | 67.1 | 119.11% |
| 2001 | 30.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 13.2 | -82.57% | 🇺🇸 USA |
 Oceaneering International
OII | 29.3 | -61.42% | 🇺🇸 USA |
 Tetra Technologies TTI | 19.7 | -74.02% | 🇺🇸 USA |
 Enterprise Products EPD | 11.5 | -84.88% | 🇺🇸 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.