OII Oceaneering International PE ratio, current and historical analysis
The P/E ratio for Oceaneering International stock stands at 21.5 as of Nov 21, 2024. This is calculated based on the current EPS of $1.34 and the stock price of $28.81 per share. An increase of 6% has been recorded in the PE ratio compared to the average of 20.4 of the past four quarters.
OII PE ratio history
Over the last ten years, the average PE ratio of Oceaneering International has been 32.21. The current 21.5 price-to-earnings ratio is 33% 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.
Oceaneering International PE ratio by year
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 average PE ratio chart
OII's current P/E ratio is lower than the 3, 5 and 10-year averages.
OII PE vs peers
OII's PE ratio is less than its peer stocks HLX and TTI, but it is above HAL's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAL Halliburton Co | 11.1 | $28B |
| OII Oceaneering International Inc | 21.5 | $2.91B |
| TTI Tetra Technologies Inc | 202 | $532.51M |
| HLX Helix Energy Solutions Group Inc | 279.75 | $1.7B |
| FET Forum Energy Technologies Inc | N/A | $182.9M |
Frequently asked questions
What is Oceaneering International's PE ratio?
The price to earnings ratio for OII stock is 21.5 as of Nov 21, 2024.
What is the 3-year average PE ratio for Oceaneering International (OII)?
Over the last 3 years, the average PE ratio for OII stock is 30.97.
What is the 5-year average PE ratio for Oceaneering International (OII)?
Over the last 5 years, the average PE ratio for OII stock is 30.97.
What is the highest PE ratio for OII?
The highest quarterly PE ratio in the last ten years has been 112.84 and it was in the Dec 2016 quarter.
How does the current PE ratio for OII compare to its historical average?
The current price to earnings ratio of OII is 33% lower than the 10-year historical average.
How is OII's PE ratio calculated (Oceaneering International 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 (Nov 21, 2024), Oceaneering International's stock price is $28.81. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.34. Therefore, Oceaneering International's price to earnings ratio for today is 21.5. PE RATIO(21.5) = STOCK PRICE($28.81) / TTM EPS($1.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.