The PE ratio for ChampionX stock stands at 20.41 as of Jul 25, 2024. This is calculated based on the TTM EPS of $1.67 and the stock price of $34.08 per share. The current PE ratio is about the same compared to the last 4 quarters average.
Over the last seven years, the average PE ratio of ChampionX has been 28.55. The current 20.41 price-to-earnings ratio is 29% less than the historical average. Analyzing the last seven years, CHX's PE ratio reached its highest point in the Dec 2019 quarter at 50.42, with a price of $33.78 and an EPS of $0.67. The Dec 2023 quarter saw the lowest point at 18.26, with a price of $29.21 and an EPS of $1.6.
Maximum annual increase: 123.39% in 2019
Maximum annual decrease: -51.5% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.26 | -51.5% |
| 2022 | 37.65 | 4.32% |
| 2021 | 36.09 | N/A |
| 2020 | N/A | N/A |
| 2019 | 50.42 | 123.39% |
| 2018 | 22.57 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
Currently, CHX's PE ratio is under its 3 and 5-year averages.
CHX's PE ratio is below its peer stock OII.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CHX ChampionX Corp | 20.7 | $6.57B |
| OII Oceaneering International Inc | 27.55 | $3.02B |
| OIS Oil States International Inc | N/A | $304.38M |
As of Jul 25, 2024, CHX stock has a price to earnings ratio of 20.41.
The 3-year average PE ratio for CHX stock is 26.67.
The 5-year average PE ratio for CHX stock is 28.81.
Over the last seven years, the quarterly PE ratio reached its highest level at 50.42 in the Dec 2019 quarter.
The current PE ratio of CHX is 29% lower than the 7-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 25, 2024), ChampionX's share price is $34.08. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.67. Therefore, ChampionX's price to earnings ratio for today is 20.41. PE RATIO(20.41) = STOCK PRICE($34.08) / TTM EPS($1.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.