OII
Oceaneering International
PE ratio, current and historical analysis
The P/E ratio for Oceaneering International stock stands at 13.94 as of Jul 31, 2026. This is calculated based on the current EPS of $3.5 and the stock price of $48.78 per share. An increase of 41% has been recorded in the PE ratio compared to the average of 9.9 of the past four quarters.
OII PE ratio history
Over the last ten years, the average PE ratio of Oceaneering International has been 30.85. The current 13.94 price-to-earnings ratio is 55% 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 2025 quarter saw the lowest point at 6.81, with a price of $24.03 and an EPS of $3.53.
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 |
|---|---|---|---|---|
| 2025 | 6.81 | -61.87% | $24.03 | $3.53 |
| 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 |
Oceaneering International PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 11.58 | 10.71% | $40.52 | $3.5 |
| Mar 2026 | 10.46 | 53.6% | $35.47 | $3.39 |
| Dec 2025 | 6.81 | -36.53% | $24.03 | $3.53 |
| Sep 2025 | 10.73 | 4.07% | $24.78 | $2.31 |
| Jun 2025 | 10.31 | -14.44% | $20.72 | $2.01 |
| 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 |
OII Price vs fair value
OII average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
OII's current P/E ratio is lower than the 3, 5 and 10-year averages.
PE comparison
With a P/E of 13.94, OII stands below the Energy sector and the industry average. Looking at its Energy sector average of 16.75, Oceaneering International's P/E is 17% lower.
OII PE vs peers
OII's PE ratio is below its peer stocks HAL and HLX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OII Oceaneering International Inc | 13.87 | $4.83B |
| HAL Halliburton Company | 16.82 | $26.63B |
| HLX Helix Energy Solutions Group Inc | 92.2 | $1.36B |
| TTI Tetra Technologies Inc | 195.88 | $1.06B |
| FET Forum Energy Technologies Inc | N/A | $774.59M |
Frequently asked questions
What is Oceaneering International's PE ratio?
The price to earnings ratio for OII stock is 13.94 as of Jul 31, 2026.
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 16.25.
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 21.83.
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 55% 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 (Jul 31, 2026), Oceaneering International's stock price is $48.78. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $3.5. Therefore, Oceaneering International's price to earnings ratio for today is 13.94. PE RATIO(13.94) = STOCK PRICE($48.78) / TTM EPS($3.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.