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PTEN Patterson Uti Energy PE ratio, current and historical analysis

As of Apr 19, 2024, the Patterson Uti Energy stock's PE ratio is 13.08. This takes into account the latest EPS of $0.88 and stock price of $11.51. The PE ratio has grown by 35% from its last 4 quarters average of 9.7.

PTEN PE ratio history

How has PTEN's PE ratio performed in the past

The PE ratio of Patterson Uti Energy has averaged 79.33 over the last ten years. The current price-to-earnings ratio of 13.08 is 84% less than the historical average. Analyzing the last ten years, PTEN's PE ratio reached its highest point in the Dec 2017 quarter at 767, when the price was $23.01 and the EPS was $0.03. The lowest point was recorded in the Jun 2023 quarter, when it reached 7.34 with a price of $11.97 and an EPS of $1.63.

Average
79.33
Median
25.54
Minimum
7.34
Maximum
767

Patterson Uti Energy PE ratio by year

Maximum annual decrease: -47.54% in 2023

Year PE ratio Change
2023 12.27 -47.54%
2022 23.39 N/A
2021 N/A N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 767 N/A
2016 N/A N/A
2015 N/A N/A
2014 14.81 -24.55%

PTEN average PE ratio chart

What is the average PE ratio of PTEN for the past years

The current PE ratio of PTEN is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
12.42
5-year avg
12.42
10-year avg
79.33
15-year avg
46.16

PTEN PE vs peers

What is PTEN's PE ratio compared to its peers

PTEN's PE ratio is above its peer stock HP.

Stock name PE ratio Market cap
HP Helmerich & Payne Inc 9.97 $4.15B
PTEN Patterson Uti Energy Inc 13.08 $4.7B
NBR Nabors Industries Ltd N/A $724.9M
RIG Transocean Ltd N/A $4.35B

Frequently asked questions

What is Patterson Uti Energy's PE ratio?

The price to earnings ratio for PTEN stock as of Apr 19, 2024, stands at 13.08.

What is the 3-year average PE ratio for Patterson Uti Energy (PTEN)?

The 3-year average PE ratio for PTEN stock is 12.42.

What is the 5-year average PE ratio for Patterson Uti Energy (PTEN)?

The 5-year average PE ratio for PTEN stock is 12.42.

What is the highest PE ratio for PTEN?

The highest quarterly PE ratio in the last ten years has been 767 and it was in the Dec 2017 quarter.

How does the current PE ratio for PTEN compare to its historical average?

PTEN's price to earnings ratio is currently 84% below its 10-year historical average.

How is PTEN's PE ratio calculated (Patterson Uti Energy PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 19, 2024), Patterson Uti Energy's share price is $11.51. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.88. Therefore, Patterson Uti Energy's price to earnings ratio for today is 13.08. PE RATIO(13.08) = STOCK PRICE($11.51) / TTM EPS($0.88)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.