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Patterson-UTI EnergyPTEN +1.00%60 EV-to-EBITDA is 6.57 as of Aug. 20, 2026, which is 1% above its 10-year median of 6.52. GuruFocus rates PTEN with a GF Score™ of 60/100 and a GF Value™ of $8.15 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 770 Oil & Gas companies, Patterson-UTI Energy ranks better than 56.88% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Patterson-UTI Energy's enterprise value is $5,736 Mil.
Patterson-UTI Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $873 Mil. Therefore, Patterson-UTI Energy's EV-to-EBITDA for today is 6.57.
The historical rank and industry rank for Patterson-UTI Energy's EV-to-EBITDA or its related term are showing as below:
PTEN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -16.19 Med: 6.52 Max: 61.83
Current: 6.57
During the past 13 years, the highest EV-to-EBITDA of Patterson-UTI Energy was 61.83. The lowest was -16.19. And the median was 6.52.
PTEN's EV-to-EBITDA is ranked better than 56.88% of 770
companies
in the Oil & Gas industry
Industry Median: 7.555
vs PTEN: 6.57
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Patterson-UTI Energy (NAS:PTEN) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Patterson-UTI Energy's PE Ratio (TTM) for today is calculated as:
Patterson-UTI Energy's share price for today is $12.18.
Patterson-UTI Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.230.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Patterson-UTI Energy's EV-to-EBITDA 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.
For the Oil & Gas Drilling subindustry, Patterson-UTI Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Patterson-UTI Energy EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Patterson-UTI Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Patterson-UTI Energy's EV-to-EBITDA falls into.
Patterson-UTI Energy's current Enterprise Value is $5,736 Mil.
Patterson-UTI Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $873 Mil.
* 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.
Patterson-UTI Energy (PTEN) has a EV-to-EBITDA of 6.57 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Patterson-UTI Energy. This is near median its historical median of 6.52. According to the industry distribution chart, Patterson-UTI Energy ranks #332 out of 770 companies in the Oil & Gas industry, placing it in the top 43.1%.
Is Patterson-UTI Energy's EV-to-EBITDA too high?
Patterson-UTI Energy's current EV-to-EBITDA of 6.57 is near median its 10-year median of 6.52. The Oil & Gas industry median EV-to-EBITDA is 7.56. Patterson-UTI Energy's value of 6.57 is 13% below this industry median. Based on the distribution chart, Patterson-UTI Energy ranks #332 out of 770 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Patterson-UTI Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patterson-UTI Energy's EV-to-EBITDA compare to HP and SDRL?
According to the Oil & Gas industry distribution chart, Patterson-UTI Energy ranks #332 out of 770 companies for EV-to-EBITDA. This puts Patterson-UTI Energy in the upper half of its industry. The industry median EV-to-EBITDA is 7.56. Patterson-UTI Energy's value of 6.57 is 13% below this benchmark. While the company's 10-year median is 6.52 vs. the industry median of 7.56, Patterson-UTI Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.56, based on 770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Patterson-UTI Energy's current EV-to-EBITDA of 6.57 is 13% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Patterson-UTI Energy. For the Oil & Gas industry, the median EV-to-EBITDA is 7.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patterson-UTI Energy's current EV-to-EBITDA is 6.57, which is near median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patterson-UTI Energy stock overvalued right now?
Based on GuruFocus' analysis, Patterson-UTI Energy (PTEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.15, compared to a current price of $12.18 — trading 49.4% above its estimated fair value. The current EV-to-EBITDA is 6.57, which is near median its 10-year median of 6.52 and 13% below the Oil & Gas industry median of 7.56. Patterson-UTI Energy's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Patterson-UTI Energy (PTEN), the current EV-to-EBITDA is 6.57 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Patterson-UTI Energy (PTEN) Overvalued in 2026?
Based on GuruFocus' analysis, Patterson-UTI Energy stock appears to be overvalued.
The current stock price of $12.18 is trading 49.4% above its estimated GF Value™ of $8.15.
GuruFocus considers Patterson-UTI Energy to be Significantly Overvalued.
Key valuation signals for PTEN:
EV-to-EBITDA: 6.57 (near median its 10-year median of 6.52)
GF Value™: $8.15 vs. price of $12.18 (49.4% above fair value)
Industry Position: 13% below the Oil & Gas median (#332 of 770)
No single metric tells the full story. See the PTEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
60GF Score
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