The PE ratio for National Energy Services Reunited stock stands at 40.85 as of Jul 31, 2026. This is based on the current EPS of $0.66 and the stock price of $26.96 per share. An increase of 93% has been recorded in the P/E ratio compared to the average of 21.1 of the last 4 quarters.
Over the last nine years, the average PE ratio of National Energy Services Reunited has been 36.47. The current 40.85 PE ratio is 12% above the historical average. In the past nine years, NESR's PE ratio was at its highest in the Sep 2021 quarter at 250.4, with a price of $12.52 and an EPS of $0.05. The Sep 2024 quarter recorded the bottom point at 4.82, with a price of $2.65 and an EPS of $0.55.
Maximum annual increase: 168.93% in 2025
Maximum annual decrease: -81.67% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 30.12 | 168.93% | $15.66 | $0.52 |
| 2024 | 11.2 | -45.04% | $8.96 | $0.8 |
| 2023 | 20.38 | N/A | $2.65 | $0.13 |
| 2022 | N/A | N/A | $6.94 | -$0.39 |
| 2021 | N/A | N/A | $9.45 | -$0.71 |
| 2020 | 52.26 | 157.82% | $9.93 | $0.19 |
| 2019 | 20.27 | -81.67% | $9.12 | $0.45 |
| 2017 | 110.56 | N/A | $9.95 | $0.09 |
| 2016 | N/A | N/A | N/A | $0.02 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 32.53 | 8% | $21.47 | $0.66 |
| Dec 2025 | 30.12 | 114.38% | $15.66 | $0.52 |
| Sep 2025 | 14.05 | 79.67% | $10.26 | $0.73 |
| Jun 2025 | 7.82 | -13.97% | $6.02 | $0.77 |
| Mar 2025 | 9.09 | -18.84% | $7.36 | $0.81 |
| Dec 2024 | 11.2 | 132.37% | $8.96 | $0.8 |
| Sep 2024 | 4.82 | -10.91% | $2.65 | $0.55 |
| Jun 2024 | 5.41 | -36.73% | $2.65 | $0.49 |
| Mar 2024 | 8.55 | -58.05% | $2.65 | $0.31 |
| Dec 2023 | 20.38 | N/A | $2.65 | $0.13 |
| Sep 2023 | N/A | N/A | $2.65 | N/A |
| Jun 2023 | N/A | N/A | $2.65 | N/A |
| Dec 2022 | N/A | N/A | $6.94 | -$0.39 |
| Dec 2021 | N/A | N/A | $9.45 | -$0.71 |
| Sep 2021 | 250.4 | 181.16% | $12.52 | $0.05 |
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, NESR's PE ratio is greater than its 3 and 5-year historical averages.
National Energy Services Reunited's P/E of 40.85 is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 16.75, National Energy Services Reunited's P/E is 144% higher.
Compared to its peers NOV and RES, NESR's PE ratio stands lower, however it is higher than SLB's and BKR's. National Energy Services Reunited's PE ratio is trading above the peer group average of 20.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAL Halliburton Company | 16.83 | $26.64B |
| BKR Baker Hughes Co - Class A | 19.31 | $60.2B |
| CLB Core Laboratories Inc | 20.25 | $492.57M |
| SLB SLB | 23.76 | $73.36B |
| FTI TechnipFMC plc | 23.79 | $27.33B |
| NESR National Energy Services Reunited Corp | 41.77 | $2.78B |
| RES RPC, Inc. | 58.55 | $1.3B |
| NOV NOV Inc | 72.19 | $6.95B |
| OIS Oil States International Inc | N/A | $490.72M |
NESR stock has a price to earnings ratio of 40.85 as of Jul 31, 2026.
The 3-year average PE ratio for NESR stock is 14.4.
The 5-year average PE ratio for NESR stock is 35.85.
The highest quarterly PE ratio in the last nine years has been 250.4 and it was in the Sep 2021 quarter.
NESR's current price to earnings ratio is 12% above its 9-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 31, 2026), National Energy Services Reunited's stock price is $26.96. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.66. Therefore, National Energy Services Reunited's P/E ratio for today is 40.85. PE RATIO(40.85) = STOCK PRICE($26.96) / TTM EPS($0.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.