As of Jul 25, 2024, the SDRL stock has a PE ratio of 13.4. The calculation is based on the latest EPS of $4.13 and the stock price of $55.34 per share. An increase of 53% has been observed in the PE ratio compared to its average of 8.8 of the last four quarters.
The mean historical PE ratio of Seadrill over the last two years is 8.68. The current 13.4 P/E ratio is 54% higher 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.
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.18 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
In comparison to its peer stocks RRC and NE, SDRL's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SDRL Seadrill Ltd. | 13.33 | $4.06B |
| NE Noble Corporation plc. | 14.18 | $6.78B |
| RRC Range Resources Corp | 15.81 | $7.69B |
| RIG Transocean Ltd | N/A | $4.75B |
| NBR Nabors Industries Ltd | N/A | $970.62M |
SDRL stock has a price to earnings ratio of 13.4 as of Jul 25, 2024.
Within the last two years, the current PE ratio is at its peak with a value of 13.4.
SDRL's current price to earnings ratio is 54% above its 2-year historical average.
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 (Jul 25, 2024), Seadrill's share price is $55.34. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.13. Therefore, Seadrill's PE ratio for today is 13.4. PE RATIO(13.4) = STOCK PRICE($55.34) / TTM EPS($4.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.