RNGR Ranger Energy Services PE ratio, current and historical analysis
As of Nov 21, 2024, the Ranger Energy Services stock's PE ratio is 25.69. This results from the current EPS of $0.65 and stock price of $16.7. The P/E ratio has an increase of 66% from the past four quarters average of 15.5.
RNGR PE ratio history
The PE ratio of Ranger Energy Services has averaged 14.21 over the last six years. The current PE ratio of 25.69 is 81% above the historical average. Over the past six years, RNGR's PE ratio was at its highest in the Dec 2019 quarter at 30.67, when the stock price was $6.44 and the EPS was $0.21. The lowest value was in the Sep 2022 quarter, when it reached 3.79 with a price of $9.78 and an EPS of $2.58.
Ranger Energy Services PE ratio by year
Maximum annual increase: 18.55% in 2022
Maximum annual decrease: -36.75% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.55 | -36.75% |
| 2022 | 16.68 | 18.55% |
| 2021 | 14.07 | N/A |
| 2020 | N/A | N/A |
| 2019 | 30.67 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
RNGR average PE ratio chart
Currently, RNGR's PE ratio is greater than its 3 and 5-year historical averages.
RNGR PE vs peers
RNGR's PE ratio is higher than its peer stocks SLB and BKR. Ranger Energy Services is presently trading at a higher PE ratio (25.69) than its peer group average of 14.7.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 6.03 | $6.38B |
| RES RPC, Inc. | 10.98 | $1.32B |
| HAL Halliburton Co | 11.1 | $28B |
| SLB Schlumberger Limited | 13.99 | $62.22B |
| FTI TechnipFMC plc | 19.37 | $12.77B |
| BKR Baker Hughes Co | 19.95 | $44.41B |
| OII Oceaneering International Inc | 21.5 | $2.91B |
| RNGR Ranger Energy Services Inc | 25.69 | $371.5M |
| FET Forum Energy Technologies Inc | N/A | $182.9M |
Frequently asked questions
What is Ranger Energy Services's PE ratio?
The price to earnings ratio for RNGR stock as of Nov 21, 2024, stands at 25.69.
What is the 3-year average PE ratio for Ranger Energy Services (RNGR)?
As an average over the last 3 years, RNGR stock has a PE ratio of 11.87.
What is the 5-year average PE ratio for Ranger Energy Services (RNGR)?
As an average over the last 5 years, RNGR stock has a PE ratio of 14.3.
What is the highest PE ratio for RNGR?
The highest quarterly PE ratio in the last six years has been 30.67 and it was in the Dec 2019 quarter.
How does the current PE ratio for RNGR compare to its historical average?
RNGR's price to earnings ratio is currently 81% above its 6-year historical average.
How is RNGR's PE ratio calculated (Ranger Energy Services PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Ranger Energy Services's stock price is $16.7. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.65. Therefore, Ranger Energy Services's P/E ratio for today is 25.69. PE RATIO(25.69) = STOCK PRICE($16.7) / TTM EPS($0.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.