Oil States International
OIS
#7457
Rank
NZ$0.47 B
Marketcap
$7.59
Share price
-4.23%
Change (1 day)
-42.08%
Change (1 year)

P/E ratio for Oil States International (OIS)

P/E ratio as of November 2024 (TTM): 28.7

According to Oil States International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.7188. At the end of 2022 the company had a P/E ratio of -46.6.

P/E ratio history for Oil States International from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-46.6894.42%
2021-4.69632.26%
2020-0.6403-84.69%
2019-4.18-90.63%
2018-44.6166.49%
2017-16.7-60.5%
2016-42.4-185.56%
201549.5237.4%
201414.793.01%
20137.6158.19%
20124.81-30.57%
20116.93-36.83%
201011.0-41.88%
200918.9679.05%
20082.42-48.95%
20074.743.03%
20064.60-37.18%
20057.33-20.21%
20049.196.09%
20038.66-3.68%
20028.9964.23%
20015.47

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-381-1,428.16%๐Ÿ‡ฌ๐Ÿ‡ง UK
11.9-58.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-308-1,173.16%๐Ÿ‡บ๐Ÿ‡ธ USA
24.4-15.08%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-29.77%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.