Patterson-UTI Energy
PTEN
#4127
Rank
$2.52 B
Marketcap
$6.55
Share price
-0.15%
Change (1 day)
-36.10%
Change (1 year)

P/E ratio for Patterson-UTI Energy (PTEN)

P/E ratio as of July 2025 (TTM): -2.53

According to Patterson-UTI Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.52885. At the end of 2024 the company had a P/E ratio of -3.34.

P/E ratio history for Patterson-UTI Energy from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
2024-3.34
202223.7-1009.44%
2021-2.61111.22%
2020-1.23-74.95%
2019-4.93-29.51%
2018-6.99-95.75%
2017-1641224.87%
2016-12.465.35%
2015-7.50-150.2%
201414.9-23.85%
201319.6106.5%
20129.51

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Nabors Industries
NBR
-2.21-12.45%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Helmerich & Payne
HP
7.81-408.98%๐Ÿ‡บ๐Ÿ‡ธ USA
Transocean
RIG
-4.19 65.73%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.