P/E ratio for Newpark Resources (NR)

P/E ratio history for Newpark Resources from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Oil States International OIS	30.9	9.62%	🇺🇸 USA
TechnipFMC FTI	-434	-1,636.40%	🇬🇧 UK
NOV NOV	11.5	-59.38%	🇺🇸 USA
Flotek Industries FTK	-17.5	-162.13%	🇺🇸 USA
Halliburton HAL	9.31	-67.01%	🇺🇸 USA
Schlumberger SLB	13.3	-52.77%	🇺🇸 USA
Dril-Quip DRQ	-308	-1,192.05%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.