Noble Corporation, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. As of February 16, 2022, it operated a fleet of 20 offshore drilling units, which included 12 floaters and 8 jackups. The company was formerly known as Noble Holding Corporation plc. Noble Corporation was founded in 1921 and is headquartered in Sugar Land, Texas.
P/E ratio for Noble Corporation (NE)
P/E ratio as of 2023: 13.83
According to Noble Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.83. At the end of 2022 the company had a P/E ratio of 18.98.
P/E ratio history for Noble Corporation from 1985 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 13.83 |
| 2022 | 18.98 |
| 2021 | 4.24 |
| 2020 | -1.56 |
| 2019 | -8.79 |
| 2018 | -6.90 |
| 2017 | -11.73 |
| 2016 | -6.47 |
| 2015 | 11.99 |
| 2014 | 737.19 |
| 2013 | 13.37 |
| 2012 | 15.29 |
| 2011 | 16.78 |
| 2010 | 8.10 |
| 2009 | 3.80 |
| 2008 | 4.20 |
| 2007 | 5.48 |
| 2006 | 4.60 |
| 2005 | 11.35 |
| 2004 | 22.50 |
| 2003 | 19.64 |
| 2002 | 15.66 |
| 2001 | 12.50 |
| 2000 | 39.85 |
| 1999 | 77.34 |
| 1998 | 39.92 |
| 1997 | 25.38 |
| 1996 | 68.24 |
| 1995 | 2165.63 |
| 1994 | 182.09 |
| 1993 | 146.22 |
| 1992 | -147.81 |
| 1991 | -110.17 |
| 1990 | -141.43 |
| 1989 | -99.00 |
| 1988 | -117.86 |
| 1987 | -69.72 |
| 1986 | -12.69 |
| 1985 | -35.11 |