Nabors Energy Transition Corp.

Nabors Energy Transition Corp.verified

NETC

Price:

$11

Market Cap:

$184.26M

Nabors Energy Transition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the alternative energy, energy storage, emissions reduction, and carbon capture sectors. The company was incorporated in 2021 and is based in Houston, Texas.[Read more]

Industry

Shell Companies

IPO Date

2022-01-10

Stock Exchange

NYSE

Ticker

NETC

The PE Ratio as of December 2024 (TTM) for Nabors Energy Transition Corp. (NETC) is -550.00

According to Nabors Energy Transition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -550.00. This represents a change of 30.89% compared to the average of -420.20 of the last 4 quarters.

Nabors Energy Transition Corp. (NETC) Historical PE Ratio (quarterly & annually)

How has NETC PE Ratio performed in the past?

The mean historical PE Ratio of Nabors Energy Transition Corp. over the last ten years is -61.01. The current -550.00 PE Ratio has changed 90.05% with respect to the historical average. Over the past ten years (40 quarters), NETC's PE Ratio was at its highest in in the June 2022 quarter at 211.03. The PE Ratio was at its lowest in in the June 2023 quarter at -1816.04.

Quarterly (TTM)
Annual

Average

-61.01

Median

-61.01

Minimum

-340.47

Maximum

218.44

Nabors Energy Transition Corp. (NETC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nabors Energy Transition Corp. 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 = 0%

Maximum Annual PE Ratio = 218.44

Minimum Annual Increase = -164.16%

Minimum Annual PE Ratio = -340.47

Quarterly (TTM)
Annual
YearPE RatioChange
2022218.44-164.16%

Nabors Energy Transition Corp. (NETC) Average PE Ratio

How has NETC PE Ratio performed in the past?

The current PE Ratio of Nabors Energy Transition Corp. (NETC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-61.01

5-year avg

-61.01

10-year avg

-61.01

Nabors Energy Transition Corp. (NETC) PE Ratio vs. Peers

How is NETC’s PE Ratio compared to its peers?

Nabors Energy Transition Corp.’s PE Ratio is less than Green Planet Bioengineering Co Ltd (-297.59), less than Opus Magnum Ameris, Inc. (-0.00), less than Generation Asia I Acquisition Limited (34.02), greater than Azure Holding Group Corp. (-3422.07), less than Four Leaf Acquisition Corporation (98.92), less than Continental Beverage Brands Corporation (-4.85), less than Jackson Acquisition Company (20.10),

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