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INVXInnovex International, Inc.
$25.57$1.8B
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HomeStocksINVXP/E History

INVX logoInnovex International, Inc. (INVX) P/E Ratio History

Expensive

Trading at 21.3x vs 5Y avg 12.2x · 86th percentile · Material premium to history · Data 2024–2026

Current P/E (TTM)
21.3x
+75% vs 5Y avg
5Y Avg P/E
12.2x
Median 6.4x
5Y Percentile
86th
Upper end of range
PEG Ratio
N/A
5-Year P/E Range
21.3x
Min4.8xMedian6.4xMax32.5x
TTM EPS$0.75
Price$25.57
Earnings Yield4.69%
EPS Growth (1Y)-56.7%
EPS Growth (5Y)N/A

Loading P/E history...

P/E Ratio Analysis

As of June 22, 2026, Innovex International, Inc. (INVX) trades at a price-to-earnings ratio of 21.3x, with a stock price of $25.57 and trailing twelve-month earnings per share of $0.75.

The current P/E is 75% above its 5-year average of 12.2x. Over the past five years, INVX's P/E has ranged from a low of 4.8x to a high of 32.5x, placing the current valuation at the 86th percentile of its historical range.

Compared to the Energy sector median P/E of 15.4x, INVX trades at a 38% premium to its sector peers. The sector includes 174 companies with P/E ratios ranging from 0.5x to 166.4x.

Relative to the broader market, INVX trades roughly in line with the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our INVX DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

INVX Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Energy
21.3vs15.4
+38%
Above Sector
vs. S&P 500
21.3vs24.4
-13%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on -57% EPS growth (1Y)

INVX P/E vs Peers

Integrated Oilfield Services peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
NCSM logoNCSMNCS Multistage Holdings, Inc.
$130M5.7Lowest-Best+239%Best
WTTR logoWTTRSelect Water Solutions, Inc.
$2B88.5-Best-33%
BKR logoBKRBaker Hughes Company
$58B22.5-Best-13%
HAL logoHALHalliburton Company
$29B23.3-Best-47%
SLB logoSLBSLB N.V.
$72B20.5-Best-24%
LBRT logoLBRTLiberty Energy Inc.
$4B30.5-Best-52%

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

INVX Historical P/E Data (2024–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2026 Q1-$24.39$0.7532.5x+167%
FY2025 Q4Dec 31 2025$21.87$1.2018.2x+50%
FY2025 Q3-$18.54$1.4712.6x+4%
FY2025 Q2Jun 30 2025$15.62$2.895.4x-56%
FY2025 Q1Mar 31 2025$17.96$2.816.4x-47%
FY2024 Q4-$13.97$2.924.8x-61%
FY2024 Q3Sep 30 2024$14.68$2.815.2x-57%

Average P/E for displayed period: 12.2x

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INVX — Frequently Asked Questions

Quick answers to the most common questions about buying INVX stock.

What is INVX's P/E ratio?

Innovex International, Inc. (INVX) trailing twelve-month P/E ratio is 21.3x, based on TTM diluted EPS of $0.75. The 5-year average P/E is 12.2x and the historical range spans 4.8x to 32.5x.

Is INVX stock overvalued or undervalued?

INVX trades at 21.3x P/E, above its 5-year average of 12.2x. The 86th percentile ranking within the 4.8x–32.5x historical range indicates a premium to historical valuation.

Is INVX stock expensive?

Yes, INVX is expensive relative to its own history. The current P/E of 21.3x is above the 5-year average of 12.2x and also above the Energy sector median of 15.4x. The stock sits at the 86th percentile of its 5-year valuation range.

What is INVX's historical P/E range?

Over the past 5 years, INVX's P/E ratio has ranged from 4.8x to 32.5x, with a median of 6.4x and an average of 12.2x. The current P/E of 21.3x places the stock at the 86th percentile of this range. Full historical data spans 2024–2026.

How does INVX's P/E compare to the S&P 500?

INVX trades at 21.3x P/E versus the S&P 500 median of 24.4x. The 13% discount to the market suggests lower growth expectations or perceived higher risk.

How does INVX's valuation compare to Energy peers?

Innovex International, Inc. P/E of 21.3x compares to the Energy sector median of 15.4x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is INVX's PEG ratio?

INVX PEG ratio is N/A, based on a P/E of 21.3x and EPS growth of -56.7%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.

What is INVX's earnings yield?

INVX earnings yield is 4.69%, the inverse of its 21.3x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

INVX P/E Ratio History (2024–2026)

Quarterly valuation multiple from closing price and trailing EPS

Current32.5x
Period Avg12.2x
Range4.8x - 32.5x
Change+522%
7 quartersSep 30, 2024 - Mar 31, 2026