Noble Corporation

Noble Corporationverified

NE

Price:

$45.37

Market Cap:

$6.22B

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

The PE Ratio as of May 2024 (TTM) for Noble Corporation (NE) is 14.00

According to Noble Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 14.00. This represents a change of -9.38% compared to the average of 15.45 of the last 4 quarters.

Noble Corporation (NE) Historical PE Ratio (quarterly & annually)

How has NE PE Ratio performed in the past?

The mean historical PE Ratio of Noble Corporation over the last ten years is 75.05. The current 14.00 PE Ratio has changed 1.77% 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.

Quarterly (TTM)
Annual

Average

75.05

Median

1.34

Minimum

-11.73

Maximum

737.19

Noble Corporation (NE) PE Ratio by Quarter and Year

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 = 9.10%

Maximum Annual PE Ratio = 737.19

Minimum Annual Increase = -371.67%

Minimum Annual PE Ratio = -11.73

Quarterly (TTM)
Annual
YearPE RatioChange
202313.83-27.16%
202218.98347.90%
20214.24-371.67%
2020-1.56-82.26%
2019-8.7927.57%
2018-6.89-41.21%
2017-11.7381.17%
2016-6.47-155.19%
201511.73-98.41%
2014737.199.10%

Noble Corporation (NE) Average PE Ratio

How has NE PE Ratio performed in the past?

The current PE Ratio of Noble Corporation (NE) is greater 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

75.05

Noble Corporation (NE) PE Ratio vs. Peers

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

Noble Corporation’s PE Ratio is greater than Seadrill Limited (11.49), less than Borr Drilling Limited (39.38), less than Patterson-UTI Energy, Inc. (22.28), greater than Transocean Ltd. (-12.09), greater than Diamond Offshore Drilling, Inc. (-36.79), greater than Nabors Industries Ltd. (-7.36), greater than Helmerich & Payne, Inc. (10.40), greater than Precision Drilling Corporation (6.06), greater than Independence Contract Drilling, Inc. (-0.44),

Build a custom stock screener for Noble Corporation (NE) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Noble Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Noble Corporation (NE) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Noble Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Noble Corporation's PE Ratio?

How is the PE Ratio calculated for Noble Corporation (NE)?

What is the highest PE Ratio for Noble Corporation (NE)?

What is the 3-year average PE Ratio for Noble Corporation (NE)?

What is the 5-year average PE Ratio for Noble Corporation (NE)?

How does the current PE Ratio for Noble Corporation (NE) compare to its historical average?