The current price-to-earnings ratio for Liberty Oilfield Services stock as of Nov 21, 2024 is 8.53. This is calculated based on the current EPS of $2.15 and the stock price of $18.35 per share. The PE ratio has increased by 14% from the past four quarters average of 7.5.
The average historical PE ratio of Liberty Oilfield Services for the last seven years is 8.43. The current P/E ratio of 8.53 is similar to the historical average. In the past seven years, LBRT's PE ratio peaked in the Dec 2019 quarter at 20.59, when the stock price was $11.12 and the EPS was $0.54. The lowest point was in the Jun 2023 quarter, when it reached 3.9 with a price of $13.37 and an EPS of $3.43.
Maximum annual increase: 192.47% in 2019
Maximum annual decrease: -24.12% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 5.6 | -24.12% |
2022 | 7.38 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | 20.59 | 192.47% |
2018 | 7.04 | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
Currently, LBRT's PE ratio is higher than its 3 and 5-year historical averages.
In comparison to its peer stock PR, LBRT's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
LBRT Liberty Oilfield Services Inc | 8.53 | $3B |
PR Permian Resources Corp | 8.6 | $12.85B |
The price to earnings ratio for LBRT stock as of Nov 21, 2024, stands at 8.53.
The 3-year average price to earnings ratio for LBRT stock is 7.02.
The 5-year average price to earnings ratio for LBRT stock is 8.43.
The highest quarterly PE ratio in the last seven years has been 20.59 and it was in the Dec 2019 quarter.
The current price to earnings ratio of LBRT is 1.2% higher than the 7-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Liberty Oilfield Services's stock price is $18.35. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.15. Therefore, Liberty Oilfield Services's PE ratio for today is 8.53. PE RATIO(8.53) = STOCK PRICE($18.35) / TTM EPS($2.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.