The PE ratio for ChampionX stock stands at 17.87 as of May 3, 2024. This is calculated based on the TTM EPS of $1.88 and the stock price of $33.6 per share. A decrease of 16% has been observed in the PE ratio compared to its average of 21.2 of the past four quarters.
Over the last six years, the average PE ratio of ChampionX has been 29.0. The current 17.87 price-to-earnings ratio is 38% less than the historical average. Analyzing the last six 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 stocks OII and NR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CHX ChampionX Corp | 17.87 | $6.38B |
| OII Oceaneering International Inc | 21.19 | $2.32B |
| NR Newpark Resources Inc | 35.5 | $604.93M |
| OIS Oil States International Inc | N/A | $277.41M |
As of May 3, 2024, CHX stock has a price to earnings ratio of 17.87.
The 3-year average PE ratio for CHX stock is 27.86.
The 5-year average PE ratio for CHX stock is 29.41.
Over the last six years, the quarterly PE ratio reached its highest level at 50.42 in the Dec 2019 quarter.
The current PE ratio of CHX is 38% lower than the 6-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 (May 3, 2024), ChampionX's share price is $33.6. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.88. Therefore, ChampionX's price to earnings ratio for today is 17.87. PE RATIO(17.87) = STOCK PRICE($33.6) / TTM EPS($1.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.