The current price-to-earnings ratio for Liberty Oilfield Services stock as of Sep 28, 2023 is 5.48. This is calculated based on the current EPS of $3.43 and the stock price of $18.81 per share. The PE ratio has decreased by 22% from the past four quarters average of 7.0.
The average historical PE ratio of Liberty Oilfield Services for the last six years is 8.97. The current P/E ratio of 5.48 is 39% lower than the historical average. In the past six 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
| Year | PE ratio | Change |
|---|---|---|
| 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 lower than the 5-year average.
In comparison to its peer stock PR, LBRT's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LBRT Liberty Oilfield Services Inc | 5.4 | $3.16B |
| PR Permian Resources Corp | 8.44 | $7.88B |
The price to earnings ratio for LBRT stock as of Sep 28, 2023, stands at 5.48.
The 5-year average price to earnings ratio for LBRT stock is 9.47.
The highest quarterly PE ratio in the last six years has been 20.59 and it was in the Dec 2019 quarter.
The current price to earnings ratio of LBRT is 39% lower than the 6-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 (Sep 28, 2023), Liberty Oilfield Services's stock price is $18.81. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $3.43. Therefore, Liberty Oilfield Services's PE ratio for today is 5.48. PE RATIO(5.48) = STOCK PRICE($18.81) / TTM EPS($3.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.