>
Switch to:

Helmerich & Payne PE Ratio

: At Loss (As of Today)
View and export this data going back to 1963. Start your Free Trial

The PE Ratio, 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 (2022-01-21), Helmerich & Payne's share price is $26.97. Helmerich & Payne's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 was $-3.05. Therefore, Helmerich & Payne's PE Ratio for today is At Loss.


The historical rank and industry rank for Helmerich & Payne's PE Ratio or its related term are showing as below:

NYSE:HP' s PE Ratio Range Over the Past 10 Years
Min: At Loss   Med: 13.59   Max: 94.73
Current: At Loss

At Loss
94.73

During the past 13 years, the highest PE Ratio of Helmerich & Payne was 94.73. The lowest was 0.00. And the median was 13.59.


NYSE:HP's PE Ratio is ranked lower than
99.99% of the 567 Companies
in the Oil & Gas industry.

( Industry Median: 14.21 vs. NYSE:HP: At Loss )

Helmerich & Payne's Earnings per Share (Diluted) for the three months ended in Sep. 2021 was $-0.74. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 was $-3.05.

As of today (2022-01-21), Helmerich & Payne's share price is $26.97. Helmerich & Payne's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 was $-3.15. Therefore, Helmerich & Payne's PE Ratio without NRI for today is At Loss.

During the past 13 years, Helmerich & Payne's highest PE Ratio without NRI was 94.73. The lowest was 0.00. And the median was 13.59.

Helmerich & Payne's EPS without NRI for the three months ended in Sep. 2021 was $-0.74. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 was $-3.15.

During the past 13 years, Helmerich & Payne's highest 3-Year average EPS without NRI Growth Rate was 356.10% per year. The lowest was -61.50% per year. And the median was 5.15% per year.

Helmerich & Payne's EPS (Basic) for the three months ended in Sep. 2021 was $-0.74. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2021 was $-3.05.


Helmerich & Payne PE Ratio Historical Data

The historical data trend for Helmerich & Payne's 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.

Helmerich & Payne Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss 15.74 At Loss At Loss At Loss

Helmerich & Payne Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Competitive Comparison

For the Oil & Gas Drilling subindustry, Helmerich & Payne's PE Ratio, along with its competitors' market caps and 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.

   

Helmerich & Payne PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Helmerich & Payne's PE Ratio distribution charts can be found below:

* The bar in red indicates where Helmerich & Payne's PE Ratio falls into.



Helmerich & Payne PE Ratio Calculation

The PE Ratio, 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.

Helmerich & Payne's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=26.97/-3.050
=At Loss

Helmerich & Payne's Share Price of today is $26.97.
Helmerich & Payne's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.05.

* 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 Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, 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.


Helmerich & Payne  (NYSE:HP) PE Ratio Explanation

The PE Ratio 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 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 is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio 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 divided by the growth ratio. He thinks a company with a PE Ratio 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 of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio 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.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio 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 Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio 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.


Helmerich & Payne PE Ratio Related Terms

Thank you for viewing the detailed overview of Helmerich & Payne's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Helmerich & Payne Business Description

Helmerich & Payne logo
Industry
Energy » Oil & Gas NAICS : 213111 SIC : 1381
Traded in Other Exchanges
Address
1437 South Boulder Avenue, Suite 1400, Tulsa, OK, USA, 74119
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small presence internationally.
Executives
Adams Raymond John Iii officer: VP Digital Ops Marketing Sales 1437 S. BOULDER AVE. SUITE 1400 TULSA OK 74119
Smith Mark W. officer: Senior VP and CFO 15835 PARK TEN PLACE DRIVE HOUSTON TX 77084
Mas Jose Ramon director 800 DOUGLAS ROAD, 12TH FLOOR CORAL GABLES FL 33134
Rust Edward B Jr director MCGRAW-HILL COMPANIES 1221 AVENUE OF THE AMERICAS NEW YORK NY 10020
Bellinger Delaney Murchison director 524 E. 24TH STREET HOUSTON TX 77008
Cramton Kevin G. director 502 SAINT DAVIDS AVENUE WAYNE PA 19087
Petrie Thomas A. director 1437 S. BOULDER AVE., SUITE 1400 TULSA OK 74119
Helmerich Hans director C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
Zeglis John D director 7277 164TH AVE NE BLDG1 REDMOND WA 98052
Foutch Randy A director 15 W. SIXTH STREET SUITE, 1800 TULSA OK 74119
Robillard Donald F Jr director 1437 S. BOULDER AVE. TULSA OK 74119
Vandeweghe Mary M director 1601 W. DIEHL ROAD NAPERVILLE IL 60563
Benson Todd Willard officer: President of H&P Technologies 1437 S. BOULDER AVENUE SUITE 1400 TULSA OK 74119
Bell John R. officer: VP, Drilling Subsidiary 1437 S. BOULDER AVE. TULSA OK 74119
Lennox Michael officer: VP, Drilling Subsidiary 1437 S. BOULDER AVE., SUITE 140 TULSA OK 74119

Helmerich & Payne Headlines

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)