PTEN

Patterson-UTI Energy Inc

Price:

11.61

USD

Volume:

4,904,082.00

United States | Energy Equipment & Services

-70.64 %

Upside

As of 2024-02-29, the Fair Value of Patterson-UTI Energy Inc (PTEN) is 3.41 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 11.61 USD, the upside of Patterson-UTI Energy Inc is -70.64%.

11.61 USD

Stock Price

3.41 USD

Fair Price

Peter Lynch's formula is:

PTEN Fair Value

= Earnings Growth Rate x TTM EPS
PTEN Fair Value

= 5.00 x 0.68
PTEN Fair Value

= 3.41
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 | ||||||

2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 5Y Avg | |

Net income | -321.40 | -425.70 | -803.70 | -654.50 | 154.70 | -410.12 |

YoY growth | -5,547.46% | -32.45% | -88.79% | 18.56% | 123.64% | -1,105.30% |

Market Cap (mil) | 4,844.62 |

P/E | 17.03x |

Forward P/E | 18.35x |

EPS | 0.68 |

Avg earnings growth rate | -1,105.30% |

TTM earnings | 284.50 |