OII (Oceaneering International) Shiller PE Ratio: (As of Sep. 01, 2026)

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OII Oceaneering International Inc OII
66 GF Score
Price $51.32
GF Value $28.00
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Oceaneering International Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oceaneering International  (NYSE:OII) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Oceaneering International Shiller PE Ratio Related Terms


Oceaneering International Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Oceaneering International's Shiller 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.

Oceaneering International Shiller PE Ratio Chart

Oceaneering International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.34 88.27 0.00 0.00 0.00

Oceaneering International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

OII vs TDW, AROC, WHD: Shiller PE Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Oceaneering International's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Oceaneering International Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Oceaneering International's Shiller PE Ratio falls into.


OII
66GF Score
Oceaneering International Inc OII
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceaneering International Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Oceaneering International's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Oceaneering International's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.65/333.9520*333.9520
=0.650

Current CPI (Jun. 2026) = 333.9520.

Oceaneering International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.120 241.428 -0.166
201612 -0.112 241.432 -0.155
201703 -0.080 243.801 -0.110
201706 0.020 244.955 0.027
201709 -0.020 246.819 -0.027
201712 1.760 246.524 2.384
201803 -0.500 249.554 -0.669
201806 -0.340 251.989 -0.451
201809 -0.670 252.439 -0.886
201812 -0.651 251.233 -0.865
201903 -0.250 254.202 -0.328
201906 -0.360 256.143 -0.469
201909 -0.260 256.759 -0.338
201912 -2.660 256.974 -3.457
202003 -3.710 258.115 -4.800
202006 -0.250 257.797 -0.324
202009 -0.800 260.280 -1.026
202012 -0.252 260.474 -0.323
202103 -0.090 264.877 -0.113
202106 0.060 271.696 0.074
202109 -0.070 274.310 -0.085
202112 -0.390 278.802 -0.467
202203 -0.190 287.504 -0.221
202206 0.040 296.311 0.045
202209 0.180 296.808 0.203
202212 0.230 296.797 0.259
202303 0.040 301.836 0.044
202306 0.190 305.109 0.208
202309 0.290 307.789 0.315
202312 0.430 306.746 0.468
202403 0.150 312.332 0.160
202406 0.340 314.175 0.361
202409 0.400 315.301 0.424
202412 0.550 315.605 0.582
202503 0.490 319.799 0.512
202506 0.540 322.561 0.559
202509 0.710 324.800 0.730
202512 1.760 324.054 1.814
202603 0.360 330.213 0.364
202606 0.650 333.952 0.650

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Oceaneering International (OII) Overvalued in 2026?

Based on GuruFocus' analysis, Oceaneering International stock appears to be overvalued. The current stock price of $51.32 is trading 83.3% above its estimated GF Value™ of $28.00. GuruFocus considers Oceaneering International to be Significantly Overvalued.

Key valuation signals for OII:

  • Shiller PE Ratio:
  • GF Value™: $28.00 vs. price of $51.32 (83.3% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the OII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oceaneering International Business Description

Industry EnergyOil & Gas
Other Exchanges 0KAN:UKOII:Germany
Address 5875 North Sam Houston Parkway West, Suite 400, Houston, TX, USA, 77086
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.
66GF Score

Get the complete analysis for OII

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.32
Price
$28.00
GF Value