NE (Drilling contractors) Stock Valuation & Fair Value Significantly overvalued
NE (Drilling contractors) trades at a current P/E of 91.7, about 219% above its historical normal valuation, with a forward growth estimate above 100% and a PEG of 0.64. Priced at its historical normal P/E of 28.7 on the same blended earnings, the 2026-10-23 close of $47.70 corresponds to about $14.90 a share. This is a valuation reference, not a price target.
How to read these numbers: the PEG ratio and current P/E versus normal P/E.
Valuation flags
- Overvalued by 219%
- Misses analyst estimates often (75%)
Frequently asked questions
Is NE overvalued?
At a current P/E of 91.7 versus its historical normal P/E of 28.7, NE trades about 219% above its typical valuation, with a PEG of 0.64 on forward growth above 100%. tickerseer currently rates it significantly overvalued.
What is NE's fair value and PEG?
NE trades at a current P/E of 91.7 against a historical normal P/E of 28.7, a PEG of 0.64, and a forward growth estimate above 100%. Priced at its historical normal P/E of 28.7 on the same blended earnings, the 2026-10-23 close of $47.70 corresponds to about $14.90 a share. This is a valuation reference, not a price target.
Has tickerseer's rating of NE changed?
tickerseer's rating has been significantly overvalued since 2026-10-24.
Industry: Drilling contractors. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.
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