According to Patterson-UTI Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7958. At the end of 2021 the company had a P/E ratio of -2.61.
Year | P/E ratio | Change |
---|---|---|
2021 | -2.61 | 111.22% |
2020 | -1.23 | -74.95% |
2019 | -4.93 | -29.51% |
2018 | -6.99 | -95.75% |
2017 | -164 | 1224.87% |
2016 | -12.4 | 65.35% |
2015 | -7.50 | -150.2% |
2014 | 14.9 | -23.85% |
2013 | 19.6 | 106.5% |
2012 | 9.51 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Helmerich & Payne
HP | 10.7 | -27.36% | ๐บ๐ธ USA |
![]() Transocean RIG | -5.97 | -140.32% | ๐จ๐ญ Switzerland |
![]() Nabors Industries
NBR | -6.18 | -141.74% | ๐ง๐ฒ Bermuda |
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.