As of Apr 26, 2024, the W&T Offshore stock's P/E ratio is 21.36. This takes into account the latest EPS of $0.11 and stock price of $2.35. The PE ratio has increased by 81% from its last 4 quarters average of 11.8.
The PE ratio of W&T Offshore has averaged 11.31 over the last ten years. The current price-to-earnings ratio of 21.36 is 89% more than the historical average. Analyzing the last ten years, WTI's PE ratio reached its highest point in the Sep 2014 quarter at 78.57, when the price was $11 and the EPS was $0.14. The lowest point was recorded in the Jun 2017 quarter, when it reached 1.28 with a price of $1.96 and an EPS of $1.53.
Maximum annual increase: 754.18% in 2023
Maximum annual decrease: -59.39% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.64 | 754.18% |
| 2022 | 3.47 | N/A |
| 2021 | N/A | N/A |
| 2020 | 8.35 | -21.89% |
| 2019 | 10.69 | 345.42% |
| 2018 | 2.4 | -59.39% |
| 2017 | 5.91 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
WTI's current PE ratio is higher than the 3, 5 and 10-year averages.
When compared to its peer stocks MTDR and CRC, WTI's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CRC California Resources Corp | 6.78 | $3.8B |
| SD Sandridge Energy Inc | 8.82 | $539.82M |
| MTDR Matador Resources Co | 8.94 | $8.19B |
| WTI W&T Offshore Inc | 21.36 | $345.11M |
The price to earnings ratio for WTI stock is 21.36 as of Apr 26, 2024.
Over the last 3 years, the average PE ratio for WTI stock is 8.44.
Over the last 5 years, the average PE ratio for WTI stock is 6.67.
Over the last ten years, the Sep 2014 quarter recorded the highest quarterly PE ratio at 78.57.
WTI's price to earnings ratio is currently 89% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), W&T Offshore's share price is $2.35. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.11. Therefore, W&T Offshore's price to earnings ratio for today is 21.36. PE RATIO(21.36) = STOCK PRICE($2.35) / TTM EPS($0.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.