Helix Energy Solutions Group's PE Ratio for today is 0.00.
Helix Energy Solutions Group Forward PE Ratio Historical Data
The historical data trend for Helix Energy Solutions Group's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Helix Energy Solutions Group Annual Data
Trend
2016-12
2017-02
2018-12
2019-12
2020-06
Forward PE Ratio
222.22
185.19
20.16
21.51
109.89
Helix Energy Solutions Group Quarterly Data
2016-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-09
2019-12
2020-03
Forward PE Ratio
222.22
36.23
46.30
25.32
20.16
26.60
20.83
21.51
6.68
Competitive Comparison
For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Helix Energy Solutions Group Forward PE Ratio Distribution
For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Helix Energy Solutions Group's Forward PE Ratio falls into.
Helix Energy Solutions Group Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Helix Energy Solutions Group (NYSE:HLX) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Helix Energy Solutions Group Forward PE Ratio Related Terms
Thank you for viewing the detailed overview of Helix Energy Solutions Group's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Helix Energy Solutions Group (Helix Energy Solutions Group) Business Description
Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services primarily in deepwater in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments Well Intervention, Robotics Production Facilities and Shallow Water Abandonment. the Well Intervention segment includes vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the US.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HLX has been successfully added to your