NOV Inc.
NOV

$5.64 B
Marketcap
$14.50
Share price
Country
$0.18
Change (1 day)
$21.23
Year High
$13.95
Year Low

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It also provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. NOV Inc. offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.

marketcap

P/E ratio for NOV Inc. (NOV)

P/E ratio as of 2023: 8.03

According to NOV Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.03. At the end of 2022 the company had a P/E ratio of 52.56.

P/E ratio history for NOV Inc. from 1996 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 8.03
2022 52.56
2021 -21.35
2020 -2.08
2019 -1.57
2018 -313.37
2017 -57.17
2016 -5.84
2015 -16.83
2014 11.21
2013 13.52
2012 10.83
2011 13.36
2010 15.62
2009 11.59
2008 4.61
2007 18.08
2006 14.55
2005 31.74
2004 25.51
2003 22.91
2002 22.47
2001 14.86
2000 216.91
1999 695.70
1998 10.30
1997 33.60
1996 2903.60