What is Oceaneering International, Inc. (OII)'s PEG ratio?

Oceaneering International, Inc. (OII) has a PEG ratio of 0.08 (Potentially Undervalued), based on a PE ratio of 11.1 and expected EPS growth of 137.7% (3-Year EPS CAGR).

Is OII undervalued based on its PEG ratio?

A PEG below 1.0 is conventionally read as potentially undervalued, 1.0–2.0 as fairly valued, and above 2.0 as potentially overvalued relative to growth. At 0.08, Oceaneering International, Inc. (OII) screens as "Potentially Undervalued". PEG is one signal, not investment advice — see the full DCF fair value at evidinvest.com/valuation/OII.

Oceaneering International, Inc. (OII) PEG Ratio

Potentially Undervalued

PE ratio relative to earnings growth — is the valuation justified?

0.08

PEG Ratio

Growth rate exceeds 100% — PEG may be misleadingly low; treat with caution

0.08

Growth Rate Source

Limited Data Quality3-Year EPS CAGR

Current Price

$38.50

TTM EPS

$3.48

P/E Ratio

11.06

Growth Rate

137.7%

3-Year EPS CAGR

Sector

Energy

Oil & Gas Equipment & Services

Calculated

8/18/2026

10:16:49 AM

Peer Comparison

Sample Size

3 peers

Industry Median PEG

1.60

25th Percentile

1.17

75th Percentile

3.54

OII PEG (0.08) vs Industry Median (1.60): 95% discount

Symbol	Company	PEG	P/E	Growth	vs OII
CLB	Core Laboratories N.V.	1.17	20.5	17.4%	+1361%
FTI	TechnipFMC plc	1.60	27.7	17.3%	+1888%
HLX	Helix Energy Solutions Group, Inc.	3.54	35.6	10.1%	+4299%

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.

Oceaneering International, Inc. (OII) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on OII

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Oceaneering International, Inc. (OII) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on OII

Compare with peers

Explore