DTI Drilling Tools International PE ratio, current and historical analysis
The current PE ratio for Drilling Tools International stock as of Jan 21, 2025 is 14.48. This is calculated based on the TTM EPS of $0.25 and the stock price of $3.62 per share. The PE ratio marks an increase of 36% from its last 4 quarters average of 10.6.
DTI PE ratio history
The average historical PE ratio of Drilling Tools International for the last four years is 52.96. The current P/E ratio of 14.48 is 73% lower than the historical average. Looking back at the last four years, DTI's PE ratio peaked in the Dec 2021 quarter at 492.5, when the price was $9.85 and the EPS was $0.02. The lowest point was in the Jun 2023 quarter, when it reached 2.69 with a price of $4.35 and an EPS of $1.62.
Drilling Tools International PE ratio by year
Maximum annual decrease: -98.75% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.78 | -22.53% |
| 2022 | 6.17 | -98.75% |
| 2021 | 492.5 | N/A |
DTI average PE ratio chart
Currently, DTI's PE ratio is higher than its 3-year average.
DTI PE vs peers
DTI's PE ratio stands lower than its peer stock OII.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DTI Drilling Tools International Corporation | 14.44 | $125.28M |
| OII Oceaneering International Inc | 19.82 | $2.68B |
| OIS Oil States International Inc | N/A | $353.42M |
| NR Newpark Resources Inc | N/A | $657.38M |
Frequently asked questions
What is Drilling Tools International's PE ratio?
The price to earnings ratio for DTI stock as of Jan 21, 2025, stands at 14.48.
What is the 3-year average PE ratio for Drilling Tools International (DTI)?
Over the last 3 years, the average price to earnings ratio for DTI stock is 9.01.
What is the highest PE ratio for DTI?
The highest quarterly PE ratio in the last four years has been 492.5 and it was in the Dec 2021 quarter.
How does the current PE ratio for DTI compare to its historical average?
The current PE ratio of DTI is 73% lower than the 4-year historical average.
How is DTI's PE ratio calculated (Drilling Tools International PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jan 21, 2025), Drilling Tools International's share price is $3.62. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.25. Therefore, Drilling Tools International's PE ratio for today is 14.48. PE RATIO(14.48) = STOCK PRICE($3.62) / TTM EPS($0.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.