OII
Oceaneering International
PEG ratio, current and historical analysis
Oceaneering International currently trades with a PE to growth ratio of 0.19, based on Jul 31, 2026 data. Dividing the 13.94 PE ratio by the 74.1% earnings growth rate produces this figure. Relative to the 0.12 average from the past four quarters, the PEG ratio has surged by 58%.
OII PEG ratio history
Historically, Oceaneering International has a PEG ratio averaging 0.18 across the last nine years. At 0.19, today's PEG ratio sits 6% more than its historical average. The nine years high came in the Sep 2018 quarter at 0.48, reflecting peak valuation relative to growth. The bottom was reached in the Mar 2018 quarter at 0.01, suggesting attractive value relative to growth during that period.
Oceaneering International PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.05 | 6.81 | 141.8% |
| 2024 | 0.35 | 17.86 | 50.5% |
| 2023 | 0.08 | 21.94 | 273.1% |
| 2022 | 0.44 | 67.27 | 153.1% |
| 2021 | N/A | N/A | 90.2% |
| 2020 | N/A | N/A | -42.3% |
| 2019 | N/A | N/A | -63% |
| 2018 | N/A | N/A | -227.8% |
| 2017 | 0.02 | 12.51 | 576% |
| 2016 | N/A | 112.84 | -89.4% |
| 2015 | N/A | 15.97 | -41.5% |
| 2014 | 0.85 | 14.63 | 17.2% |
| 2013 | 0.82 | 23 | 28% |
| 2012 | 0.88 | 20.07 | 22.9% |
| 2011 | 1.11 | 21.16 | 19.1% |
Oceaneering International PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.16 | 11.58 | 74.1% |
| Mar 2026 | 0.12 | 10.46 | 87.3% |
| Dec 2025 | 0.05 | 6.81 | 141.8% |
| Sep 2025 | 0.15 | 10.73 | 72.4% |
| Jun 2025 | 0.16 | 10.31 | 63.4% |
| Mar 2025 | 0.18 | 12.05 | 67.6% |
| Dec 2024 | 0.35 | 17.86 | 50.5% |
| Sep 2024 | 0.24 | 18.56 | 76.3% |
| Jun 2024 | 0.21 | 19.24 | 92.2% |
| Mar 2024 | 0.18 | 21.67 | 120.4% |
| Dec 2023 | 0.08 | 21.94 | 273.1% |
| Sep 2023 | 0.11 | 33.84 | 317.1% |
| Jun 2023 | 0.14 | 29.22 | 206.7% |
| Mar 2023 | 0.2 | 35.98 | 184.5% |
| Dec 2022 | 0.44 | 67.27 | 153.1% |
OII average PEG ratio chart
Measured against past performance, OII's PEG ratio sits above the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.19, OII stands lower than the Energy sector and the industry average. Looking at the Energy sector average of 0.28, Oceaneering International's PEG is 32% lower.
OII EPS growth
OII Price vs fair value
OII PEG vs peers
| Stock name | PEG ratio | Market cap |
|---|---|---|
| OII Oceaneering International Inc | 0.19 | $4.86B |
| HLX Helix Energy Solutions Group Inc | N/A | $1.37B |
| TTI Tetra Technologies Inc | N/A | $1.07B |
| HAL Halliburton Company | N/A | $26.64B |
| FET Forum Energy Technologies Inc | N/A | $778.13M |
Frequently asked questions
What is Oceaneering International's PEG ratio?
Based on Jul 31, 2026 data, OII has a PEG ratio of 0.19.
What is the 3-year average PEG ratio for Oceaneering International (OII)?
OII's 3-year PEG ratio average is 0.17.
What is the 5-year average PEG ratio for Oceaneering International (OII)?
OII's 5-year PEG ratio average is 0.18.
What is the highest PEG ratio for OII?
The Sep 2018 quarter marked the nine years high at 0.48 for OII's PEG ratio.
How does the current PEG ratio for OII compare to its historical average?
Compared to the 9-year average, OII's PEG ratio stands 6% higher.
Why is Oceaneering International's PEG ratio so low?
Rapid earnings growth combined with a modest valuation gives OII a PEG ratio of 0.19.
How is OII's PEG ratio calculated (Oceaneering International PEG ratio formula)?
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Jul 31, 2026, Oceaneering International has a PE ratio of 13.94. Earnings grew at 74.1% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 0.19. PEG RATIO(0.19) = PE RATIO(13.94) / EPS GROWTH(74.1%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.