The PE ratio for Noble stock stands at 45.11 as of Jul 31, 2026. This takes into account the latest EPS of $0.94 and stock price of $42.4. An increase of 57% has been observed in the PE ratio compared to its average of 28.7 of the past four quarters.
NE PE ratio history
Over the last five years, the average PE ratio of Noble has been 16.88. The current 45.11 price-to-earnings ratio is 167% more than the historical average. Analyzing the last five years, NE's PE ratio reached its highest point in the Jun 2026 quarter at 39.68, with a price of $37.3 and an EPS of $0.94. The Mar 2025 quarter saw the lowest point at 7.8, with a price of $23.7 and an EPS of $3.04.
Noble PE ratio by year
Maximum annual increase: 99.04% in 2025
Maximum annual decrease: -26.97% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 20.76 | 99.04% | $28.24 | $1.36 |
| 2024 | 10.43 | -24.64% | $31.4 | $3.01 |
| 2023 | 13.84 | -26.97% | $48.16 | $3.48 |
| 2022 | 18.95 | 22.97% | $37.71 | $1.99 |
| 2021 | 15.41 | N/A | $24.81 | $1.61 |
| 2020 | N/A | N/A | N/A | -$72.21 |
Noble PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 39.68 | 16.43% | $37.3 | $0.94 |
| Mar 2026 | 34.08 | 64.16% | $49.07 | $1.44 |
| Dec 2025 | 20.76 | 2.77% | $28.24 | $1.36 |
| Sep 2025 | 20.2 | 47.55% | $28.28 | $1.4 |
| Jun 2025 | 13.69 | 75.51% | $26.55 | $1.94 |
| Mar 2025 | 7.8 | -25.22% | $23.7 | $3.04 |
| Dec 2024 | 10.43 | 1.26% | $31.4 | $3.01 |
| Sep 2024 | 10.3 | -2.18% | $36.14 | $3.51 |
| Jun 2024 | 10.53 | -27.23% | $44.65 | $4.24 |
| Mar 2024 | 14.47 | 4.55% | $48.49 | $3.35 |
| Dec 2023 | 13.84 | 7.12% | $48.16 | $3.48 |
| Sep 2023 | 12.92 | 1.97% | $50.65 | $3.92 |
| Jun 2023 | 12.67 | 6.29% | $41.31 | $3.26 |
| Mar 2023 | 11.92 | -37.1% | $39.47 | $3.31 |
| Dec 2022 | 18.95 | 55.07% | $37.71 | $1.99 |
NE Price vs fair value
NE average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, NE's PE ratio is above its 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 45.11, NE stands higher than the Energy sector average. Looking at the Energy sector average of 16.75, Noble's price to earnings (P/E) is 169% higher.
NE PE vs peers
NE's PE ratio is above its peer stock NBR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NBR Nabors Industries Ltd | 5.77 | $1.23B |
| NE Noble Corporation plc. | 43.26 | $6.49B |
| HP Helmerich & Payne Inc | N/A | $3.4B |
| RIG Transocean Ltd | N/A | $5.76B |
| SDRL Seadrill Ltd. | N/A | $2.67B |
Frequently asked questions
What is Noble's PE ratio?
NE stock has a price to earnings ratio of 45.11 as of Jul 31, 2026.
What is the 3-year average PE ratio for Noble (NE)?
The average PE ratio for NE stock over the past 3 years is 17.39.
What is the 5-year average PE ratio for Noble (NE)?
The average PE ratio for NE stock over the past 5 years is 16.88.
What is the highest PE ratio for NE?
Within the last five years, the current price to earnings ratio is at its peak with a value of 45.11.
How does the current PE ratio for NE compare to its historical average?
NE's price to earnings ratio is currently 167% above its 5-year historical average.
How is NE's PE ratio calculated (Noble PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 31, 2026), Noble's share price is $42.4. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $0.94. Therefore, Noble's price to earnings ratio for today is 45.11. PE RATIO(45.11) = STOCK PRICE($42.4) / TTM EPS($0.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.