P/E ratio for Oceaneering International (OII)
P/E ratio as of March 2023 (TTM): 67.6
According to Oceaneering International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 67.5613. At the end of 2021 the company had a P/E ratio of -22.9.
P/E ratio history for Oceaneering International from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -22.9 | 1340.71% |
| 2020 | -1.59 | -62.47% |
| 2019 | -4.23 | -24.61% |
| 2018 | -5.62 | -144.97% |
| 2017 | 12.5 | -88.9% |
| 2016 | 113 | 606.06% |
| 2015 | 15.9 | 10.52% |
| 2014 | 14.4 | -37.24% |
| 2013 | 23.0 | 14.32% |
| 2012 | 20.1 | -5.16% |
| 2011 | 21.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 18.1 | -73.23% | 🇺🇸 USA |
 Forum Energy Technologies
FET | 40.5 | -40.10% | 🇺🇸 USA |
 Tetra Technologies TTI | 42.1 | -37.62% | 🇺🇸 USA |
 Helix Energy Solutions HLX | -13.3 | -119.75% | 🇺🇸 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.