The current price-to-earnings ratio for Weatherford International stock as of Dec 20, 2024 is 9.15. This is calculated based on the current EPS of $7.33 and the stock price of $67.1 per share. The PE ratio has decreased by 43% from the past four quarters average of 16.1.
The average historical PE ratio of Weatherford International for the last two years is 32.91. The current price-to-earnings ratio of 9.15 is 72% less than the historical average. In the past two years, WFRD's PE ratio reached its highest point in the Dec 2022 quarter at 137.62, when the stock price was $50.92 and the EPS was $0.37. The lowest point was recorded in the Sep 2024 quarter, when it reached 11.59 with a price of $84.92 and an EPS of $7.33.
Maximum annual decrease: -87.72% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 16.9 | -87.72% |
2022 | 137.62 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
Currently, WFRD's PE ratio is lower than the 3 and 5-year averages.
Stock name | PE ratio | Market cap |
---|---|---|
WFRD Weatherford International plc | 9.15 | $4.87B |
PUMP ProPetro Holding Corp | N/A | $899.61M |
The price to earnings ratio for WFRD stock as of Dec 20, 2024, stands at 9.15.
The 3-year average PE ratio for WFRD stock is 32.91.
The 5-year average PE ratio for WFRD stock is 32.91.
Over the last two years, the quarterly PE ratio reached a historic high of 137.62 in the Dec 2022 quarter.
The current price to earnings ratio of WFRD is 72% lower than the 2-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Weatherford International's stock price is $67.1. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.33. Therefore, Weatherford International's price to earnings ratio for today is 9.15. PE RATIO(9.15) = STOCK PRICE($67.1) / TTM EPS($7.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.