Nabors Industries
NBR
#6885
Rank
$0.51 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
$32.61
Share price
-3.44%
Change (1 day)
-51.28%
Change (1 year)

P/E ratio for Nabors Industries (NBR)

P/E ratio as of June 2025 (TTM): -2.14

According to Nabors Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.14415. At the end of 2024 the company had a P/E ratio of -2.56.

P/E ratio history for Nabors Industries from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
2024-2.56-86.66%
2023-19.2414.59%
2022-3.72254.23%
2021-1.05114.34%
2020-0.4904-64.02%
2019-1.3634.28%
2018-1.02-71.76%
2017-3.59-20.43%
2016-4.52-30.98%
2015-6.5525.58%
2014-5.21-114.73%
201335.437.17%
201225.826.49%
201120.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Helmerich & Payne
HP
7.83-465.05%๐Ÿ‡บ๐Ÿ‡ธ USA
Patterson-UTI Energy
PTEN
-2.45 14.17%๐Ÿ‡บ๐Ÿ‡ธ 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.