PTEN PE Ratio & Valuation,Is PTEN Overvalued

PTEN Relative Valuation

PTEN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PTEN is overvalued; if below, it's undervalued.

Historical Valuation

Patterson-UTI Energy Inc (PTEN) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.55 is considered Undervalued compared with the five-year average of -10.07. The fair price of Patterson-UTI Energy Inc (PTEN) is between 8.57 to 13.91 according to relative valuation methord. Compared to the current price of 6.61 USD , Patterson-UTI Energy Inc is Undervalued By 22.89%.

Relative Value

Fair Zone

8.57-13.91

Current Price：6.61

22.89%

Undervalued

-15.18

4.61

EV/EBITDA

Patterson-UTI Energy Inc. (PTEN) has a current EV/EBITDA of 4.61. The 5-year average EV/EBITDA is 5.39. The thresholds are as follows: Strongly Undervalued below 0.41, Undervalued between 0.41 and 2.90, Fairly Valued between 7.88 and 2.90, Overvalued between 7.88 and 10.38, and Strongly Overvalued above 10.38. The current Forward EV/EBITDA of 4.61 falls within the Historic Trend Line -Fairly Valued range.

-29.36

EV/EBIT

Patterson-UTI Energy Inc. (PTEN) has a current EV/EBIT of -29.36. The 5-year average EV/EBIT is 28.73. The thresholds are as follows: Strongly Undervalued below -203.43, Undervalued between -203.43 and -87.35, Fairly Valued between 144.81 and -87.35, Overvalued between 144.81 and 260.89, and Strongly Overvalued above 260.89. The current Forward EV/EBIT of -29.36 falls within the Historic Trend Line -Fairly Valued range.

0.55

Patterson-UTI Energy Inc. (PTEN) has a current PS of 0.55. The 5-year average PS is 0.84. The thresholds are as follows: Strongly Undervalued below 0.29, Undervalued between 0.29 and 0.56, Fairly Valued between 1.12 and 0.56, Overvalued between 1.12 and 1.39, and Strongly Overvalued above 1.39. The current Forward PS of 0.55 falls within the Undervalued range.

2.89

P/OCF

Patterson-UTI Energy Inc. (PTEN) has a current P/OCF of 2.89. The 5-year average P/OCF is 4.45. The thresholds are as follows: Strongly Undervalued below 0.18, Undervalued between 0.18 and 2.31, Fairly Valued between 6.59 and 2.31, Overvalued between 6.59 and 8.73, and Strongly Overvalued above 8.73. The current Forward P/OCF of 2.89 falls within the Historic Trend Line -Fairly Valued range.

5.61

P/FCF

Patterson-UTI Energy Inc. (PTEN) has a current P/FCF of 5.61. The 5-year average P/FCF is 7.76. The thresholds are as follows: Strongly Undervalued below -188.29, Undervalued between -188.29 and -90.27, Fairly Valued between 105.78 and -90.27, Overvalued between 105.78 and 203.81, and Strongly Overvalued above 203.81. The current Forward P/FCF of 5.61 falls within the Historic Trend Line -Fairly Valued range.

Patterson-UTI Energy Inc (PTEN) has a current Price-to-Book (P/B) ratio of 0.76. Compared to its 3-year average P/B ratio of 1.04 , the current P/B ratio is approximately -27.46% higher. Relative to its 5-year average P/B ratio of 1.20, the current P/B ratio is about -37.15% higher. Patterson-UTI Energy Inc (PTEN) has a Forward Free Cash Flow (FCF) yield of approximately 11.76%. Compared to its 3-year average FCF yield of 12.07%, the current FCF yield is approximately -2.51% lower. Relative to its 5-year average FCF yield of 7.30% , the current FCF yield is about 61.22% lower.

0.76

P/B

Median3y

1.04

Median5y

1.20

11.76

FCF Yield

Median3y

12.07

Median5y

7.30

Competitors Valuation Multiple

The average P/S ratio for PTEN's competitors is 1.12, providing a benchmark for relative valuation. Patterson-UTI Energy Inc Corp (PTEN) exhibits a P/S ratio of 0.55, which is -51.15% above the industry average. Given its robust revenue growth of -13.36%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of PTEN decreased by 17.30% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -9.42 to -18.06.

The secondary factor is the Revenue Growth, contributed -13.36%to the performance.

Overall, the performance of PTEN in the past 1 year is driven by P/E Change. Which is more unsustainable.

-13.36%

1.36B → 1.18B

Revenue Growth

-95.70%

-72.08 → -3.10

Margin Expansion

91.76%

-9.42 → -18.06

P/E Change

-17.30%

7.99 → 6.61

Mkt Cap Growth

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Frequently Asked Questions

Is Patterson-UTI Energy Inc (PTEN) currently overvalued or undervalued?

What is Patterson-UTI Energy Inc (PTEN) fair value?

PTEN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Patterson-UTI Energy Inc (PTEN) is between 8.57 to 13.91 according to relative valuation methord.

How does PTEN's valuation metrics compare to the industry average?

What is the current P/B ratio for Patterson-UTI Energy Inc (PTEN) as of Jan 09 2026?

As of Jan 09 2026, Patterson-UTI Energy Inc (PTEN) has a P/B ratio of 0.76. This indicates that the market values PTEN at 0.76 times its book value.

What is the current FCF Yield for Patterson-UTI Energy Inc (PTEN) as of Jan 09 2026?

As of Jan 09 2026, Patterson-UTI Energy Inc (PTEN) has a FCF Yield of 11.76%. This means that for every dollar of Patterson-UTI Energy Inc’s market capitalization, the company generates 11.76 cents in free cash flow.

What is the current Forward P/E ratio for Patterson-UTI Energy Inc (PTEN) as of Jan 09 2026?

As of Jan 09 2026, Patterson-UTI Energy Inc (PTEN) has a Forward P/E ratio of -15.18. This means the market is willing to pay $-15.18 for every dollar of Patterson-UTI Energy Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Patterson-UTI Energy Inc (PTEN) as of Jan 09 2026?

As of Jan 09 2026, Patterson-UTI Energy Inc (PTEN) has a Forward P/S ratio of 0.55. This means the market is valuing PTEN at $0.55 for every dollar of expected revenue over the next 12 months.

PTEN Valuation