How should the NBR historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Nabors Industries. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this NBR Historical PE Ratio page.
What is the average historical PE for NBR based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
The NBR historical PE ratio using the annualized quarterly earnings method works out to 20.8.
What is the average historical PE for NBR based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
The NBR historical PE ratio using the TTM earnings method works out to 21.8.
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 20.8. 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 9/30/2022, the most recent closing price for NBR had been 101.45, and the most recent quarterly earnings result, annualized, was 18. Meanwhile, the most recent TTM earnings summed to 24. From these numbers, we calculate the recent NBR PE on 9/30/2022 based on annualized quarterly EPS was 5.6. Based on NBR's history, that recent PE is low relative to the historical average, with the recent PE 73.1% lower than the historical average PE across our data set for Nabors Industries. Looking at the recent NBR PE on 9/30/2022 based on TTM EPS, we calculate the ratio at 4.2. Based on NBR's history, that recent PE is low relative to the historical average, with the recent PE 80.7% 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.