The current P/E ratio for Flotek Industries stock as of Dec 24, 2024 is 34.79. This is calculated based on the TTM EPS of $0.24 and the stock price of $8.35 per share. The PE ratio has increased by 70% from its last 4 quarters average of 20.4.
The average historical PE ratio of Flotek Industries for the last ten years is 38.88. The current price-to-earnings ratio of 34.79 is 11% less than the historical average. Analyzing the last ten years, FTK's PE ratio reached its highest point in the Sep 2015 quarter at 208.75, when the price was $100.2 and the EPS was $0.48. The lowest point was recorded in the Dec 2023 quarter, when it reached 3.92 with a price of $3.92 and an EPS of $1.
Maximum annual decrease: -34.01% in 2014
Year | PE ratio | Change |
---|---|---|
2023 | 3.92 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | 18.92 | -34.01% |
FTK's current PE ratio is under its 10-year average.
FTK's PE ratio is above its peer stocks ECL and SLB. Flotek Industries's current PE ratio of 34.79 is more than the average of its peers, which is 15.7.
Stock name | PE ratio | Market cap |
---|---|---|
NOV National Oilwell Varco Inc | 5.31 | $5.61B |
INVX Innovex International Inc. | 9.18 | $901.08M |
SLB Schlumberger Limited | 11.98 | $53.28B |
FTI TechnipFMC plc | 18.81 | $12.41B |
ECL Ecolab Inc | 33.29 | $67.78B |
FTK Flotek Industries Inc | 41.38 | $295.87M |
OIS Oil States International Inc | N/A | $304.83M |
NR Newpark Resources Inc | N/A | $641.81M |
BOLT Bolt Biotherapeutics Inc | N/A | $19.53M |
As of Dec 24, 2024, FTK stock has a price to earnings ratio of 34.79.
Over the last ten years, the quarterly PE ratio reached its highest level at 208.75 in the Sep 2015 quarter.
The current PE ratio of FTK is 11% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Dec 24, 2024), Flotek Industries's share price is $8.35. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.24. Therefore, Flotek Industries's price to earnings ratio for today is 34.79. PE RATIO(34.79) = STOCK PRICE($8.35) / TTM EPS($0.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.