NOV
NOV
#2796
Rank
$5.14 B
Marketcap
$13.69
Share price
0.22%
Change (1 day)
-24.41%
Change (1 year)

P/E ratio for NOV (NOV)

P/E ratio as of June 2025 (TTM): 9.13

According to NOV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.12667. At the end of 2024 the company had a P/E ratio of 9.07.

P/E ratio history for NOV from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
20249.0712.68%
20238.05-84.59%
202252.2-350.53%
2021-20.8905.11%
2020-2.0732.14%
2019-1.57-99.47%
2018-294414.53%
2017-57.2880.4%
2016-5.83-62.74%
2015-15.6-239.71%
201411.2-14.71%
201313.124.88%
201210.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
TechnipFMC
FTI
17.9 95.87%๐Ÿ‡ฌ๐Ÿ‡ง UK
Oil States International
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68.0 645.07%๐Ÿ‡บ๐Ÿ‡ธ USA
Schlumberger
SLB
12.1 32.09%๐Ÿ‡บ๐Ÿ‡ธ USA
Forum Energy Technologies
FET
-1.96-121.49%๐Ÿ‡บ๐Ÿ‡ธ USA
Newpark Resources
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26.9 194.21%๐Ÿ‡บ๐Ÿ‡ธ USA
Dril-Quip
DRQ
-308-3,476.92%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.