Noble Corporation Plc (NE) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2026
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NE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 7, 2026, Noble Corporation Plc (NE) trades at a price-to-earnings ratio of 36.4x, with a stock price of $49.08 and trailing twelve-month earnings per share of $1.42.
The current P/E is 52% above its 5-year average of 23.9x. Over the past five years, NE's P/E has ranged from a low of 7.9x to a high of 83.5x, placing the current valuation at the 83th percentile of its historical range.
Compared to the Energy sector median P/E of 16.9x, NE trades at a 115% premium to its sector peers. The sector includes 174 companies with P/E ratios ranging from 3.2x to 190.3x.
Relative to the broader market, NE commands a significant premium over the S&P 500 median P/E of 25.2x. 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 NE 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.
NE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $6B | 6.7 | -Best | +171% | |
| $2B | 5.8 | -Best | +177% | |
| $629M | 3.7Lowest | -Best | +417%Best | |
| $83B | 23.5 | -Best | -24% | |
| $34B | 26.9 | -Best | -47% | |
| $66B | 25.6 | -Best | -13% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NE Historical P/E Data (2021–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $49.07 | $1.43 | 34.3x | +44% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $28.24 | $1.35 | 20.9x | -12% |
| FY2025 Q3 | $28.28 | $1.41 | 20.1x | -16% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $26.55 | $1.94 | 13.7x | -43% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $23.70 | $3.01 | 7.9x | -67% |
| FY2024 Q4 | $31.40 | $3.00 | 10.5x | -56% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $36.14 | $3.43 | 10.5x | -56% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $44.65 | $4.12 | 10.8x | -55% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $48.49 | $3.23 | 15.0x | -37% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $48.16 | $3.31 | 14.5x | -39% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $50.65 | $3.20 | 15.8x | -34% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $41.31 | $2.28 | 18.1x | -24% |
Average P/E for displayed period: 23.9x
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Start ComparisonNE — Frequently Asked Questions
Quick answers to the most common questions about buying NE stock.
Is NE stock overvalued or undervalued?
NE trades at 36.4x P/E, above its 5-year average of 23.9x. The 83th percentile ranking indicates a premium to historical valuation.
How does NE's valuation compare to peers?
Noble Corporation Plc P/E of 36.4x compares to sector median of 16.9x. The premium reflects expected growth above peers.
What is NE's PEG ratio?
NE PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2026.