OII Oceaneering International PE ratio, current and historical analysis
The P/E ratio for Oceaneering International stock stands at 11.19 as of Jun 6, 2025. This is calculated based on the current EPS of $1.81 and the stock price of $20.26 per share. A decrease of 34% has been recorded in the PE ratio compared to the average of 16.9 of the past four quarters.
OII PE ratio history
Over the last ten years, the average PE ratio of Oceaneering International has been 32.27. The current 11.19 price-to-earnings ratio is 65% 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 Mar 2025 quarter saw the lowest point at 12.05, with a price of $21.81 and an EPS of $1.81.
Oceaneering International PE ratio by year
Maximum annual increase: 606.57% in 2016
Maximum annual decrease: -88.91% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 17.86 | -18.6% | $26.08 | $1.46 |
| 2023 | 21.94 | -67.39% | $21.28 | $0.97 |
| 2022 | 67.27 | N/A | $17.49 | $0.26 |
| 2021 | N/A | N/A | $11.31 | -$0.49 |
| 2020 | N/A | N/A | $7.95 | -$5.01 |
| 2019 | N/A | N/A | $14.91 | -$3.52 |
| 2018 | N/A | N/A | $12.1 | -$2.16 |
| 2017 | 12.51 | -88.91% | $21.14 | $1.69 |
| 2016 | 112.84 | 606.57% | $28.21 | $0.25 |
| 2015 | 15.97 | 9.16% | $37.52 | $2.35 |
| 2014 | 14.63 | -36.39% | $58.81 | $4.02 |
| 2013 | 23 | 14.6% | $78.88 | $3.43 |
| 2012 | 20.07 | -5.15% | $53.79 | $2.68 |
| 2011 | 21.16 | 5.17% | $46.13 | $2.18 |
| 2010 | 20.12 | 17.59% | $36.82 | $1.83 |
Oceaneering International PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 12.05 | -32.53% | $21.81 | $1.81 |
| Dec 2024 | 17.86 | -3.77% | $26.08 | $1.46 |
| Sep 2024 | 18.56 | -3.53% | $24.87 | $1.34 |
| Jun 2024 | 19.24 | -11.21% | $23.66 | $1.23 |
| Mar 2024 | 21.67 | -1.23% | $23.4 | $1.08 |
| Dec 2023 | 21.94 | -35.17% | $21.28 | $0.97 |
| Sep 2023 | 33.84 | 15.81% | $25.72 | $0.76 |
| Jun 2023 | 29.22 | -18.79% | $18.7 | $0.64 |
| Mar 2023 | 35.98 | -46.51% | $17.63 | $0.49 |
| Dec 2022 | 67.27 | N/A | $17.49 | $0.26 |
| Sep 2022 | N/A | N/A | $7.96 | -$0.35 |
| Jun 2022 | N/A | N/A | $10.68 | -$0.6 |
| Mar 2022 | N/A | N/A | $15.16 | -$0.58 |
| Dec 2021 | N/A | N/A | $11.31 | -$0.49 |
| Sep 2021 | N/A | N/A | $13.32 | -$0.35 |
OII Price vs fair value
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 stock HLX, but it is above HAL's and TTI's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TTI Tetra Technologies Inc | 3.49 | $395.23M |
| HAL Halliburton Co | 8.59 | $17.73B |
| OII Oceaneering International Inc | 11.19 | $2.04B |
| HLX Helix Energy Solutions Group Inc | 11.82 | $1B |
| FET Forum Energy Technologies Inc | N/A | $204.35M |
Frequently asked questions
What is Oceaneering International's PE ratio?
The price to earnings ratio for OII stock is 11.19 as of Jun 6, 2025.
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 27.76.
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 27.76.
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 65% 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 (Jun 6, 2025), Oceaneering International's stock price is $20.26. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.81. Therefore, Oceaneering International's price to earnings ratio for today is 11.19. PE RATIO(11.19) = STOCK PRICE($20.26) / TTM EPS($1.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.