PE ratio relative to earnings growth — is the valuation justified?
—
PEG Ratio
Negative earnings — PE and PEG ratios are not meaningful
—
Current Price
$34.81
TTM EPS
$-1.40
P/E Ratio
—
Growth Rate
—
N/A
Sector
Energy
Oil & Gas Drilling
Calculated
8/18/2026
12:45:12 PM
PEG Ratio Unavailable
Insufficient price/EPS data
Peer Comparison
Sample Size
3 peers
Industry Median PEG
1.60
25th Percentile
0.27
75th Percentile
2.62
Symbol
Company
PEG
P/E
Growth
vs HP
HES
Hess Corporation
0.27
19.4
71.1%
—
FTI
TechnipFMC plc
1.60
27.7
17.3%
—
NE
Noble Corporation Plc
2.62
40.8
15.6%
—
How to Interpret PEG Ratio
PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.
PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."
PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.
Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.