The current price-to-earnings ratio for Weatherford International stock as of May 16, 2024 is 19.44. This is calculated based on the current EPS of $6.32 and the stock price of $122.85 per share. The PE ratio has increased by 7% from the past four quarters average of 18.1.
The average historical PE ratio of Weatherford International for the last two years is 38.99. The current price-to-earnings ratio of 19.44 is 50% 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 | 13.94 | $1.03B |
| WFRD Weatherford International plc | 19.44 | $8.99B |
The price to earnings ratio for WFRD stock as of May 16, 2024, stands at 19.44.
The 3-year average PE ratio for WFRD stock is 38.99.
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 50% 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 (May 16, 2024), Weatherford International's stock price is $122.85. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.32. Therefore, Weatherford International's price to earnings ratio for today is 19.44. PE RATIO(19.44) = STOCK PRICE($122.85) / TTM EPS($6.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.