SDRL Seadrill PE ratio, current and historical analysis
As of Oct 29, 2024, the SDRL stock has a PE ratio of 5.73. The calculation is based on the latest EPS of $6.56 and the stock price of $37.61 per share. A decrease of 38% has been observed in the PE ratio compared to its average of 9.2 of the last four quarters.
SDRL PE ratio history
The mean historical PE ratio of Seadrill over the last two years is 8.54. The current 5.73 P/E ratio is 33% lower than the historical average. Looking back at the last two years, SDRL's PE ratio peaked in the Mar 2024 quarter at 12.18, with a price of $50.3 and an EPS of $4.13. The Sep 2023 quarter marked the lowest point at 5.5, with a price of $44.79 and an EPS of $8.15.
Seadrill PE ratio by year
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.18 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
SDRL average PE ratio chart
SDRL PE vs peers
In comparison to its peer stocks RRC and NE, SDRL's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SDRL Seadrill Ltd. | 5.86 | $2.64B |
| NE Noble Corporation plc. | 7.49 | $4.54B |
| RRC Range Resources Corp | 15.5 | $7.55B |
| RIG Transocean Ltd | N/A | $3.49B |
| NBR Nabors Industries Ltd | N/A | $704.59M |
Frequently asked questions
What is Seadrill's PE ratio?
SDRL stock has a price to earnings ratio of 5.73 as of Oct 29, 2024.
What is the highest PE ratio for SDRL?
Over the last two years, the quarterly PE ratio reached its highest level at 12.18 in the Mar 2024 quarter.
How does the current PE ratio for SDRL compare to its historical average?
SDRL's current price to earnings ratio is 33% below its 2-year historical average.
Why is Seadrill's PE ratio so low?
SDRL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is SDRL's PE ratio calculated (Seadrill PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Oct 29, 2024), Seadrill's share price is $37.61. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $6.56. Therefore, Seadrill's PE ratio for today is 5.73. PE RATIO(5.73) = STOCK PRICE($37.61) / TTM EPS($6.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.