The current price-to-earnings ratio for Weatherford International stock as of Jul 25, 2024 is 17.09. This is calculated based on the current EPS of $6.89 and the stock price of $117.76 per share. The PE ratio has decreased by 4.4% from the past four quarters average of 17.9.
The average historical PE ratio of Weatherford International for the last two years is 35.96. The current price-to-earnings ratio of 17.09 is 52% 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 Dec 2023 quarter, when it reached 16.9 with a price of $97.83 and an EPS of $5.79.
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-year average.
WFRD's PE ratio is above its peer stock PUMP.
Stock name | PE ratio | Market cap |
---|---|---|
PUMP ProPetro Holding Corp | 12.78 | $944.09M |
WFRD Weatherford International plc | 17.04 | $8.59B |
The price to earnings ratio for WFRD stock as of Jul 25, 2024, stands at 17.09.
The 3-year average PE ratio for WFRD stock is 35.96.
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 52% lower than the 2-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Weatherford International's stock price is $117.76. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $6.89. Therefore, Weatherford International's price to earnings ratio for today is 17.09. PE RATIO(17.09) = STOCK PRICE($117.76) / TTM EPS($6.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.