HP Helmerich & Payne PE ratio, current and historical analysis
The PE ratio for Helmerich & Payne stock stands at 8.63 as of Feb 21, 2025. This takes into account the latest EPS of $3.04 and stock price of $26.25. A decrease of 17% has been observed in the PE ratio compared to its average of 10.4 of the last four quarters.
HP PE ratio history
Over the last ten years, the average PE ratio of Helmerich & Payne has been 56.36. The current 8.63 P/E ratio is 85% lower than the historical average. Looking back at the last ten years, HP's PE ratio peaked in the Sep 2022 quarter at 739.4, with a price of $36.97 and an EPS of $0.05. The Dec 2023 quarter marked the lowest point at 8.6, with a price of $36.22 and an EPS of $4.21.
Helmerich & Payne PE ratio by year
Maximum annual increase: 133.22% in 2010
Maximum annual decrease: -98.64% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 8.87 | -12.09% | $30.42 | $3.43 |
| 2023 | 10.09 | -98.64% | $42.16 | $4.18 |
| 2022 | 739.4 | N/A | $36.97 | $0.05 |
| 2021 | N/A | N/A | $27.41 | -$3.04 |
| 2020 | N/A | N/A | $14.65 | -$4.6 |
| 2019 | N/A | N/A | $40.07 | -$0.34 |
| 2018 | 15.67 | N/A | $68.77 | $4.39 |
| 2017 | N/A | N/A | $52.11 | -$1.2 |
| 2016 | N/A | N/A | $67.3 | -$0.54 |
| 2015 | 12.18 | -18.85% | $47.26 | $3.88 |
| 2014 | 15.01 | 49.95% | $97.87 | $6.52 |
| 2013 | 10.01 | 14.01% | $68.95 | $6.89 |
| 2012 | 8.78 | -12.2% | $47.61 | $5.42 |
| 2011 | 10 | -63.66% | $40.6 | $4.06 |
| 2010 | 27.52 | 133.22% | $40.46 | $1.47 |
Helmerich & Payne PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 10.53 | 18.71% | $32.02 | $3.04 |
| Sep 2024 | 8.87 | -14.79% | $30.42 | $3.43 |
| Jun 2024 | 10.41 | -13.11% | $36.14 | $3.47 |
| Mar 2024 | 11.98 | 39.3% | $42.06 | $3.51 |
| Dec 2023 | 8.6 | -14.77% | $36.22 | $4.21 |
| Sep 2023 | 10.09 | 8.73% | $42.16 | $4.18 |
| Jun 2023 | 9.28 | -20.82% | $35.45 | $3.82 |
| Mar 2023 | 11.72 | -65.72% | $35.75 | $3.05 |
| Dec 2022 | 34.19 | -95.38% | $49.57 | $1.45 |
| Sep 2022 | 739.4 | N/A | $36.97 | $0.05 |
| Jun 2022 | N/A | N/A | $43.06 | -$1.11 |
| Mar 2022 | N/A | N/A | $42.78 | -$1.79 |
| Dec 2021 | N/A | N/A | $23.7 | -$2.87 |
| Sep 2021 | N/A | N/A | $27.41 | -$3.04 |
| Jun 2021 | N/A | N/A | $32.63 | -$2.86 |
HP average PE ratio chart
Currently, HP's PE ratio is lower than its 3, 5 and 10-year averages.
HP PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| HP Helmerich & Payne Inc | 8.63 | $2.61B |
| NBR Nabors Industries Ltd | N/A | $415.17M |
| PTEN Patterson Uti Energy Inc | N/A | $3.22B |
Frequently asked questions
What is Helmerich & Payne's PE ratio?
The price to earnings ratio for HP stock as of Feb 21, 2025, stands at 8.63.
What is the 3-year average PE ratio for Helmerich & Payne (HP)?
As an average over the last 3 years, HP stock has a PE ratio of 85.51.
What is the 5-year average PE ratio for Helmerich & Payne (HP)?
As an average over the last 5 years, HP stock has a PE ratio of 85.51.
What is the highest PE ratio for HP?
The highest quarterly PE ratio in the last ten years has been 739.4 and it was in the Sep 2022 quarter.
How does the current PE ratio for HP compare to its historical average?
HP's price to earnings ratio is currently 85% below its 10-year historical average.
Why is Helmerich & Payne's PE ratio so low?
HP's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is HP's PE ratio calculated (Helmerich & Payne PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Helmerich & Payne's share price is $26.25. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.04. Therefore, Helmerich & Payne's PE ratio for today is 8.63. PE RATIO(8.63) = STOCK PRICE($26.25) / TTM EPS($3.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.