The PE ratio for Helmerich & Payne stock stands at 11.04 as of May 10, 2024. This takes into account the latest EPS of $3.51 and stock price of $38.75. An increase of 11% has been observed in the PE ratio compared to its average of 10.0 of the last four quarters.
Over the last ten years, the average PE ratio of Helmerich & Payne has been 57.01. The current 11.04 P/E ratio is 81% 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.
Maximum annual increase: 49.95% in 2014
Maximum annual decrease: -98.64% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.09 | -98.64% |
| 2022 | 739.4 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 15.67 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | 12.18 | -18.85% |
| 2014 | 15.01 | 49.95% |
Currently, HP's PE ratio is lower than its 3, 5 and 10-year averages.
HP's PE ratio stands lower than its peer stock PTEN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HP Helmerich & Payne Inc | 11.04 | $3.83B |
| PTEN Patterson Uti Energy Inc | 17.29 | $4.37B |
| NBR Nabors Industries Ltd | N/A | $711.7M |
The price to earnings ratio for HP stock as of May 10, 2024, stands at 11.04.
As an average over the last 3 years, HP stock has a PE ratio of 117.89.
As an average over the last 5 years, HP stock has a PE ratio of 117.89.
The highest quarterly PE ratio in the last ten years has been 739.4 and it was in the Sep 2022 quarter.
HP's price to earnings ratio is currently 81% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 10, 2024), Helmerich & Payne's share price is $38.75. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.51. Therefore, Helmerich & Payne's PE ratio for today is 11.04. PE RATIO(11.04) = STOCK PRICE($38.75) / TTM EPS($3.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.