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OII Oceaneering International PE ratio, current and historical analysis

The P/E ratio for Oceaneering International stock stands at 21.46 as of May 22, 2024. This is calculated based on the current EPS of $1.08 and the stock price of $23.18 per share. A decrease of 20% has been recorded in the PE ratio compared to the average of 26.7 of the past four quarters.

OII PE ratio history

How has OII's PE ratio performed in the past

Over the last ten years, the average PE ratio of Oceaneering International has been 32.22. The current 21.46 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.

Average
32.22
Median
21.17
Minimum
12.51
Maximum
112.84

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

What is the average PE ratio of OII for the past years

OII's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
34.99
5-year avg
34.99
10-year avg
32.22
15-year avg
26.16

OII PE vs peers

What is OII's PE ratio compared to its peers

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 12.54 $32.2B
OII Oceaneering International Inc 21.46 $2.35B
TTI Tetra Technologies Inc 23.88 $500.95M
HLX Helix Energy Solutions Group Inc N/A $1.74B
FET Forum Energy Technologies Inc N/A $226.02M

Frequently asked questions

What is Oceaneering International's PE ratio?

The price to earnings ratio for OII stock is 21.46 as of May 22, 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 34.99.

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 34.99.

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 (May 22, 2024), Oceaneering International's stock price is $23.18. 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 21.46. PE RATIO(21.46) = STOCK PRICE($23.18) / TTM EPS($1.08)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.