NBR Historical PE Ratio Notes

— Nabors Industries (NBR) is a global oil & gas drilling contractor, specializing in providing advanced drilling services, equipment, & technology to exploration & production companies. As a major player in the energy sector, NBR's business is highly sensitive to oil & gas prices, exploration activity levels, & overall economic cycles. This cyclical nature has a direct impact on the company’s earnings, leading to significant fluctuations in profits from year to year. As you review historical PE ratio charts & tables for NBR, keep in mind that periods of high oil prices & active drilling generally boost earnings, often resulting in lower PE ratios if stock prices don't rise as quickly as profits. Conversely, during industry downturns, earnings can decline sharply or even turn negative, which typically causes the PE ratio to spike or become meaningless (if profits are negative). Therefore, the historical PE ratios for Nabors Industries often reflect not just the company's fundamentals but also broader trends in the oil & gas industry, investor sentiment toward cyclical stocks, & expectations for future activity. Understanding these dynamics is key as you interpret the significance of NBR’s historical valuation metrics.

On this page we presented the NBR Historical PE Ratio information for Nabors Industries' stock. The average NBR historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 24.5. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average NBR historical PE based on this TTM earnings result method is 21.8. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this NBR historical PE result, against the recent PE: when this page was posted on 10/7/2026, the most recent closing price for NBR had been 80.09, and the most recent quarterly earnings result, annualized, was 0.68. Meanwhile, the most recent TTM earnings summed to 24. From these numbers, we calculate the recent NBR PE on 10/7/2026 based on annualized quarterly EPS was 117.8. Based on NBR's history, that recent PE is elevated relative to the historical average, with the recent PE 380.8% higher than the historical average PE across our data set for Nabors Industries. Looking at the recent NBR PE on 10/7/2026 based on TTM EPS, we calculate the ratio at 3.3. Based on NBR's history, that recent PE is low relative to the historical average, with the recent PE 84.9% lower than the average PE across our Nabors Industries data set with TTM EPS used in the calculation at each period.

For self directed investors doing their due diligence on NBR or any other given stock, valuation analysis for NBR can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Nabors Industries PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for NBR. Thanks for visiting, and the next time you need to research NBR Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.