Oceaneering International PEG Ratio

Oceaneering International posts a PEG ratio of 78.42. That is above the Energy sector average of 33.52. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For Energy stocks, a PEG ratio near 33.52 is typical. Oceaneering International's 78.42 is higher that level. That is roughly 133.9% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Oceaneering International's PEG ratio of 78.42 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.

Context for OII's PEG ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 33.52), and (3) consistency with growth and profitability. This page covers the first two; Oceaneering International's other metric pages and overview cover the third.

Judging Oceaneering International against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in PEG ratio easier to interpret. Start with 78.42 here, then scan peer and history charts to see if the gap is persistent.