As of Jul 2, 2026, the Cactus stock's PE ratio is 46.69. This results from the current EPS of $1.08 and stock price of $50.42. The P/E ratio has an increase of 97% from the past four quarters average of 23.6.
WHD PE ratio history
The PE ratio of Cactus has averaged 31.96 over the last nine years. The current PE ratio of 46.69 is 46% above the historical average. Over the past nine years, WHD's PE ratio was at its highest in the Mar 2018 quarter at 192.36, when the stock price was $26.93 and the EPS was $0.14. The lowest value was in the Mar 2020 quarter, when it reached 7.07 with a price of $11.6 and an EPS of $1.64.
Cactus PE ratio by year
Maximum annual increase: 97.73% in 2020
Maximum annual decrease: -36.89% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.88 | -9.75% | $45.68 | $2.42 |
| 2024 | 20.92 | 20.72% | $58.36 | $2.79 |
| 2023 | 17.33 | -36.89% | $45.4 | $2.62 |
| 2022 | 27.46 | -35.19% | $50.26 | $1.83 |
| 2021 | 42.37 | 18.65% | $38.13 | $0.9 |
| 2020 | 35.71 | 97.73% | $26.07 | $0.73 |
| 2019 | 18.06 | 5.43% | $34.32 | $1.9 |
| 2018 | 17.13 | N/A | $27.41 | $1.6 |
| 2017 | N/A | N/A | N/A | $0 |
| 2016 | N/A | N/A | N/A | $0 |
| 2015 | N/A | N/A | N/A | $306.88 |
Cactus PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 43.86 | 132.31% | $47.37 | $1.08 |
| Dec 2025 | 18.88 | 21.49% | $45.68 | $2.42 |
| Sep 2025 | 15.54 | -4.72% | $39.47 | $2.54 |
| Jun 2025 | 16.31 | 1.05% | $43.72 | $2.68 |
| Mar 2025 | 16.14 | -22.85% | $45.83 | $2.84 |
| Dec 2024 | 20.92 | -0.1% | $58.36 | $2.79 |
| Sep 2024 | 20.94 | 15.56% | $59.67 | $2.85 |
| Jun 2024 | 18.12 | -8.11% | $52.74 | $2.91 |
| Mar 2024 | 19.72 | 13.79% | $50.09 | $2.54 |
| Dec 2023 | 17.33 | -18.22% | $45.4 | $2.62 |
| Sep 2023 | 21.19 | 4.13% | $50.21 | $2.37 |
| Jun 2023 | 20.35 | 6.1% | $42.32 | $2.08 |
| Mar 2023 | 19.18 | -30.15% | $41.23 | $2.15 |
| Dec 2022 | 27.46 | 12.91% | $50.26 | $1.83 |
| Sep 2022 | 24.32 | -22.7% | $38.43 | $1.58 |
WHD Price vs fair value
WHD 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.
WHD's current P/E ratio is above the 3 and 5-year historical averages.
PE comparison
Cactus's P/E of 46.69 is above the Energy sector and the industry average. Compared to its Energy sector average of 16.23, Cactus's P/E is 188% higher.
WHD PE vs peers
Compared to its peer stocks OII and NPKI, WHD's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OII Oceaneering International Inc | 11.36 | $3.84B |
| NPKI NPK International Inc. | 31.11 | $1.21B |
| WHD Cactus Inc | 46.69 | $4.04B |
| OIS Oil States International Inc | N/A | $464.69M |
Frequently asked questions
What is Cactus's PE ratio?
WHD's price to earnings ratio is 46.69 as of Jul 2, 2026.
What is the 3-year average PE ratio for Cactus (WHD)?
The average PE ratio for WHD stock over the past 3 years is 20.81.
What is the 5-year average PE ratio for Cactus (WHD)?
The average PE ratio for WHD stock over the past 5 years is 26.43.
What is the highest PE ratio for WHD?
In the last nine years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 192.36.
How does the current PE ratio for WHD compare to its historical average?
WHD's price to earnings ratio is currently 46% above its 9-year historical average.
How is WHD's PE ratio calculated (Cactus 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 (Jul 2, 2026), Cactus's stock price is $50.42. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.08. Therefore, Cactus's P/E ratio for today is 46.69. PE RATIO(46.69) = STOCK PRICE($50.42) / TTM EPS($1.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.