P/E ratio for Newpark Resources (NR)
P/E ratio as of April 2024 (TTM): 27.1
According to Newpark Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1481. At the end of 2022 the company had a P/E ratio of -19.8.
P/E ratio history for Newpark Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -19.8 | 88.21% |
| 2021 | -10.5 | 386.72% |
| 2020 | -2.16 | -94.84% |
| 2019 | -41.8 | -316.97% |
| 2018 | 19.3 | -115.26% |
| 2017 | -126 | 726.13% |
| 2016 | -15.3 | 215.54% |
| 2015 | -4.84 | -162.45% |
| 2014 | 7.76 | -50.77% |
| 2013 | 15.8 | 36.49% |
| 2012 | 11.5 | 6.93% |
| 2011 | 10.8 | -17.63% |
| 2010 | 13.1 | -174.36% |
| 2009 | -17.6 | -304.83% |
| 2008 | 8.60 | -52.63% |
| 2007 | 18.2 | -190.71% |
| 2006 | -20.0 | -168.25% |
| 2005 | 29.3 | -65.81% |
| 2004 | 85.8 | -82.08% |
| 2003 | 479 | -500.65% |
| 2002 | -120 | -705.34% |
| 2001 | 19.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 13.2 | -51.32% | 🇺🇸 USA |
 NOV NOV | 14.9 | -45.30% | 🇺🇸 USA |
 Schlumberger SLB | 17.0 | -37.51% | 🇺🇸 USA |
 TechnipFMC
FTI | -374 | -1,477.55% | 🇬🇧 UK |
 Oil States International
OIS | 34.2 | 25.93% | 🇺🇸 USA |
 Flotek Industries FTK | -7.85 | -128.91% | 🇺🇸 USA |
 Dril-Quip DRQ | -389 | -1,533.62% | 🇺🇸 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.