The P/E ratio for Oceaneering International stock stands at 27.55 as of Jul 26, 2024. This is calculated based on the current EPS of $1.08 and the stock price of $29.75 per share. An increase of 3.3% 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 32.77. The current 27.55 price-to-earnings ratio is 16% 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 above its peer stocks HAL and TTI.
Stock name | PE ratio | Market cap |
---|---|---|
HAL Halliburton Co | 11.86 | $30.45B |
TTI Tetra Technologies Inc | 23.44 | $491.77M |
OII Oceaneering International Inc | 27.55 | $3.02B |
HLX Helix Energy Solutions Group Inc | N/A | $1.89B |
FET Forum Energy Technologies Inc | N/A | $224.42M |
The price to earnings ratio for OII stock is 27.55 as of Jul 26, 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 16% 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 (Jul 26, 2024), Oceaneering International's stock price is $29.75. 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 27.55. PE RATIO(27.55) = STOCK PRICE($29.75) / TTM EPS($1.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.