Helmerich & Payne
HP
#3550
Rank
โ‚น255.38 B
Marketcap
โ‚น2,586
Share price
0.50%
Change (1 day)
-15.03%
Change (1 year)

P/E ratio for Helmerich & Payne (HP)

P/E ratio as of December 2024 (TTM): 7.97

According to Helmerich & Payne 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.9712. At the end of 2022 the company had a P/E ratio of 34.2.

P/E ratio history for Helmerich & Payne from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202234.2-513.98%
2021-8.2696.82%
2020-4.20-97.88%
2019-198-95.88%
2018< -1000-27540.9%
201717.5-123.02%
2016-75.9-407.5%
201524.7148.9%
20149.91-17.46%
201312.019.66%
201210.0-24.15%
201113.2-49.5%
201026.268.88%
200915.5225.36%
20084.77-48.58%
20079.2814.22%
20068.12-79.41%
200539.4-14.28%
200446.0-52.24%
200396.3-18.91%
2002119138.39%
200149.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.74-40.53%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.70-171.53%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.