Patterson-UTI Energy, Inc.PTENNASDAQ
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PE Ratio: Discounted Valuation
Trending lower, below historical average, slight contraction.
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Price-to-earnings ratio

Latest
-3.39
↓ 104% below average
Average (9y)
76.94
Historical baseline
Range
High:772.63
Low:-12.35
CAGR
-8.4%
Structural decline
PeriodValueChange
2024-3.39-127.7%
202312.26-47.9%
202223.51+1033.9%
2021-2.52-104.6%
2020-1.23+75.4%
2019-5.01+28.9%
2018-7.04-100.9%
2017772.63+6356.8%
2016-12.35-65.8%
2015-7.45-