The P/E ratio for Oceaneering International stock stands at 21.19 as of May 3, 2024. This is calculated based on the current EPS of $1.08 and the stock price of $22.89 per share. A decrease of 21% has been recorded in the PE ratio compared to the average of 26.7 of the past four quarters.
Over the last ten years, the average PE ratio of Oceaneering International has been 32.22. The current 21.19 price-to-earnings ratio is 34% less than the historical average. In the past ten years, OII's PE ratio reached its highest point in the Dec 2016 quarter at 112.84, with a price of $28.21 and an EPS of $0.25. The Dec 2017 quarter saw the lowest point at 12.51, with a price of $21.14 and an EPS of $1.69.
Maximum annual increase: 606.57% in 2016
Maximum annual decrease: -88.91% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.94 | -67.39% |
| 2022 | 67.27 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 12.51 | -88.91% |
| 2016 | 112.84 | 606.57% |
| 2015 | 15.97 | 9.16% |
| 2014 | 14.63 | -36.39% |
OII's current P/E ratio is lower than the 3, 5 and 10-year averages.
OII's PE ratio is less than its peer stock TTI, but it is above HAL's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAL Halliburton Co | 12.67 | $32.52B |
| OII Oceaneering International Inc | 21.19 | $2.32B |
| TTI Tetra Technologies Inc | 24.69 | $518M |
| HLX Helix Energy Solutions Group Inc | N/A | $1.67B |
| FET Forum Energy Technologies Inc | N/A | $227.37M |
The price to earnings ratio for OII stock is 21.19 as of May 3, 2024.
Over the last 3 years, the average PE ratio for OII stock is 34.99.
Over the last 5 years, the average PE ratio for OII stock is 34.99.
The highest quarterly PE ratio in the last ten years has been 112.84 and it was in the Dec 2016 quarter.
The current price to earnings ratio of OII is 34% lower than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Oceaneering International's stock price is $22.89. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.08. Therefore, Oceaneering International's price to earnings ratio for today is 21.19. PE RATIO(21.19) = STOCK PRICE($22.89) / TTM EPS($1.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.