As of 2024-07-27, the Fair Value of Patterson-UTI Energy Inc (PTEN) is 7.87 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 10.43 USD, the upside of Patterson-UTI Energy Inc is -24.57%.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | -425.70 | -803.70 | -654.50 | 154.70 | 246.29 | -296.58 |
| YoY growth | -32.45% | -88.79% | 18.56% | 123.64% | 59.21% | 16.03% |
| Market Cap (mil) | 4,205.90 |
| P/E | 21.25x |
| Forward P/E | 11.68x |
| EPS | 0.49 |
| Avg earnings growth rate | 16.03% |
| TTM earnings | 197.88 |