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Oceaneering InternationalLTS:0KAN +0.14%72 PE Ratio (TTM) is 14.00 as of Aug. 03, 2026, which is 34% below its 10-year median of 21.14. GuruFocus rates LTS:0KAN with a GF Score™ of 72/100 and a GF Value™ of $28.15 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 621 Oil & Gas companies, Oceaneering International ranks better than 52.17% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-08-03), Oceaneering International's share price is
$48.73.
Oceaneering International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.48. Therefore, Oceaneering International's PE Ratio (TTM) for today is 14.00.
Warning Sign:
Oceaneering International Inc stock PE Ratio (=14.02) is close to 1-year high of 15.15.
The historical rank and industry rank for Oceaneering International's PE Ratio (TTM) or its related term are showing as below:
LTS:0KAN'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 7.1 Med: 21.14 Max: 111.82
Current: 14.04
During the past 13 years, the highest PE Ratio (TTM) of Oceaneering International was 111.82. The lowest was 7.10. And the median was 21.14.
LTS:0KAN's PE Ratio (TTM) is ranked better than 52.17% of 621
companies
in the Oil & Gas industry
Industry Median: 14.55
vs LTS:0KAN: 14.04
During the past 13 years, Oceaneering International's highest 3-Year average EPS without NRI Growth Rate was 103.10% per year. The lowest was -56.80% per year. And the median was 15.80% per year.
Oceaneering International (LTS:0KAN) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).
Oceaneering International PE Ratio (TTM) Related Terms
Oceaneering International PE Ratio (TTM) Historical Data
* 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.
LTS:0KAN vs KGS, AROC, WFRD: PE Ratio (TTM) Comparison
For the Oil & Gas Equipment & Services subindustry, Oceaneering International's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Oceaneering International PE Ratio (TTM) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oceaneering International's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Oceaneering International's PE Ratio (TTM) falls into.
Oceaneering International PE Ratio (TTM) Calculation
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Oceaneering International's Share Price of today is $48.73.
Oceaneering International'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 $3.48.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Oceaneering International (LTS:0KAN) has a PE Ratio (TTM) of 14.00 as of Aug. 03, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Oceaneering International and its competitors. This is 34% below median its historical median of 21.14. Over the past decade, Oceaneering International's PE Ratio (TTM) has ranged from 7.10 to 111.82. According to the industry distribution chart, Oceaneering International ranks #297 out of 621 companies in the Oil & Gas industry, placing it in the top 47.8%.
Is Oceaneering International's PE Ratio (TTM) too high?
Oceaneering International's current PE Ratio (TTM) of 14.00 is 34% below median its 10-year median of 21.14. Over the past 10 years, this metric has ranged from a low of 7.10 to a high of 111.82. The Oil & Gas industry median PE Ratio (TTM) is 14.55. Oceaneering International's value of 14.00 is 3.8% below this industry median. Based on the distribution chart, Oceaneering International ranks #297 out of 621 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Oceaneering International has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oceaneering International's PE Ratio (TTM) compare to KGS and AROC?
According to the Oil & Gas industry distribution chart, Oceaneering International ranks #297 out of 621 companies for PE Ratio (TTM). This puts Oceaneering International in the upper half of its industry. The industry median PE Ratio (TTM) is 14.55. Oceaneering International's value of 14.00 is 3.8% below this benchmark. Historically, Oceaneering International's own PE Ratio (TTM) has ranged from 7.10 to 111.82 over the past decade. While the company's 10-year median is 21.14 vs. the industry median of 14.55, Oceaneering International 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 PE Ratio (TTM) for an Oil & Gas company?
The median PE Ratio (TTM) among Oil & Gas companies is 14.55, based on 621 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oceaneering International's current PE Ratio (TTM) of 14.00 is 3.8% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Oceaneering International and its competitors. For the Oil & Gas industry, the median PE Ratio (TTM) is 14.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceaneering International's current PE Ratio (TTM) is 14.00, which is 34% below median its own 10-year median of 21.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceaneering International stock overvalued right now?
Based on GuruFocus' analysis, Oceaneering International (LTS:0KAN) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.15, compared to a current price of $48.73 — trading 73.1% above its estimated fair value. The current PE Ratio (TTM) is 14.00, which is 34% below median its 10-year median of 21.14 and 3.8% below the Oil & Gas industry median of 14.55. Oceaneering International's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Oceaneering International (LTS:0KAN), the current PE Ratio (TTM) is 14.00 as of Aug. 03, 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 Oceaneering International (LTS:0KAN) Overvalued in 2026?
Based on GuruFocus' analysis, Oceaneering International stock appears to be overvalued.
The current stock price of $48.73 is trading 73.1% above its estimated GF Value™ of $28.15.
GuruFocus considers Oceaneering International to be Significantly Overvalued.
Key valuation signals for LTS:0KAN:
PE Ratio (TTM): 14.00 (34% below median its 10-year median of 21.14)
GF Value™: $28.15 vs. price of $48.73 (73.1% above fair value)
Industry Position: 3.8% below the Oil & Gas median (#297 of 621)
No single metric tells the full story. See the LTS:0KAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oceaneering International Inc is a provider of engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. A majority of its products are produced for the offshore oil and gas market. The company's business segments are Integrity Management and Digital Solutions, Subsea Robotics, Manufactured Products, Offshore Projects Group, and Aerospace and Defense Technologies. Maximum revenue is generated from its Subsea Robotics segment, which provides remotely operated vehicles (ROVs) for drill support and vessel-based services, underwater surveys, tooling, and other activities. Geographically, the company derives its key revenue from the United States, followed by Africa, Norway, Brazil, and other regions.
72GF Score
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