P/E ratio for RPC (RES)
P/E ratio as of March 2023 (TTM): 8.01
According to RPC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.0099. At the end of 2021 the company had a P/E ratio of 171.
P/E ratio history for RPC from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 171 | -5574.14% |
| 2020 | -3.12 | -75.39% |
| 2019 | -12.7 | -204% |
| 2018 | 12.2 | -64.2% |
| 2017 | 34.0 | -213.41% |
| 2016 | -30.0 | 15.54% |
| 2015 | -26.0 | -325.12% |
| 2014 | 11.5 | -49.57% |
| 2013 | 22.9 | 139.32% |
| 2012 | 9.56 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 18.1 | 125.80% | 🇺🇸 USA |
 NOV NOV | 45.7 | 469.92% | 🇺🇸 USA |
 Schlumberger SLB | 19.6 | 144.86% | 🇺🇸 USA |
 Patterson-UTI Energy PTEN | 16.6 | 107.67% | 🇺🇸 USA |
 Tetra Technologies TTI | 42.1 | 426.17% | 🇺🇸 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.