NE
Price:
$31.6
Market Cap:
$5.07B
Noble Corporation, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. As of February 16, 2022, it operated a fleet of 20 offshore drilling units, which included 12 floaters and 8 jackups. The company was formerly known as Noble Holding Corporation plc. Noble Corporation was founded in 1921 and is headquartered in Sugar Land, Texas.[Read more]
Industry
Oil & Gas Drilling
IPO Date
2021-06-09
Stock Exchange
NYSE
Ticker
NE
According to Noble Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 7.67. This represents a change of -36.14% compared to the average of 12.01 of the last 4 quarters.
The mean historical PE Ratio of Noble Corporation over the last ten years is 75.08. The current 7.67 PE Ratio has changed 921.60% with respect to the historical average. Over the past ten years (40 quarters), NE's PE Ratio was at its highest in in the June 2023 quarter at 21.66. The PE Ratio was at its lowest in in the December 2017 quarter at -61.43.
Average
75.08
Median
1.34
Minimum
-11.73
Maximum
737.19
Discovering the peaks and valleys of Noble Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 5.41%
Maximum Annual PE Ratio = 737.19
Minimum Annual Increase = -371.67%
Minimum Annual PE Ratio = -11.73
Year | PE Ratio | Change |
---|---|---|
2023 | 13.83 | -27.16% |
2022 | 18.98 | 347.90% |
2021 | 4.24 | -371.67% |
2020 | -1.56 | -82.26% |
2019 | -8.79 | 27.53% |
2018 | -6.90 | -41.19% |
2017 | -11.73 | 81.17% |
2016 | -6.47 | -153.98% |
2015 | 11.99 | -98.37% |
2014 | 737.19 | 5.41% |
The current PE Ratio of Noble Corporation (NE) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
12.35
5-year avg
5.34
10-year avg
75.08
Noble Corporation’s PE Ratio is greater than Seadrill Limited (5.57), less than Borr Drilling Limited (13.90), greater than Patterson-UTI Energy, Inc. (-3.67), greater than Transocean Ltd. (-9.40), greater than Diamond Offshore Drilling, Inc. (-5.32), greater than Nabors Industries Ltd. (-4.48), less than Helmerich & Payne, Inc. (9.67), greater than Precision Drilling Corporation (5.47), greater than Independence Contract Drilling, Inc. (-0.14),
Company | PE Ratio | Market cap |
---|---|---|
5.57 | $2.61B | |
13.90 | $1.04B | |
-3.67 | $3.06B | |
-9.40 | $3.48B | |
-5.32 | $1.44B | |
-4.48 | $712.18M | |
9.67 | $3.35B | |
5.47 | $870.91M | |
-0.14 | $8.92M |
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