As of May 3, 2024, the Cactus stock's PE ratio is 19.94. This results from the current EPS of $2.54 and stock price of $50.65. The current PE ratio is nearly equal to the average from the previous four quarters.
The PE ratio of Cactus has averaged 35.36 over the last seven years. The current PE ratio of 19.94 is 44% below the historical average. Over the past seven 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.
Maximum annual increase: 97.73% in 2020
Maximum annual decrease: -36.89% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.33 | -36.89% |
| 2022 | 27.46 | -35.19% |
| 2021 | 42.37 | 18.65% |
| 2020 | 35.71 | 97.73% |
| 2019 | 18.06 | 5.43% |
| 2018 | 17.13 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
WHD's current P/E ratio is below the 3 and 5-year averages.
Compared to its peer stocks OII and NR, WHD's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WHD Cactus Inc | 19.94 | $4.03B |
| OII Oceaneering International Inc | 21.19 | $2.32B |
| NR Newpark Resources Inc | 35.5 | $604.93M |
| OIS Oil States International Inc | N/A | $277.41M |
WHD's price to earnings ratio is 19.94 as of May 3, 2024.
The average PE ratio for WHD stock over the past 3 years is 32.47.
The average PE ratio for WHD stock over the past 5 years is 28.43.
In the last seven years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 192.36.
WHD's price to earnings ratio is currently 44% below its 7-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Cactus's stock price is $50.65. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.54. Therefore, Cactus's P/E ratio for today is 19.94. PE RATIO(19.94) = STOCK PRICE($50.65) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.