Patterson-UTI Energy, Inc. (PTEN) Forward P/S Multiple

Brandmark of Patterson-UTI Corp (PTEN)

A stable workforce of skilled technicians ensures operational reliability, as confirmed by the GURU.Markets daily forward P/S forecast chart, where the metric reached 0.80. Patterson-UTI Energy (PTEN) revenues depend on oil prices and the demand for automated drilling; however, stringent US environmental regulations limit the number of new licenses, constraining the influx of new orders into the ecosystem.

PTEN Patterson-UTI Energy Inc: Forward Price to Sales in the range 07/04/2022 - 11/13/2026

Analytical breakdowns for Patterson-UTI Energy

- market price and analyst price targets:
Price Chart Patterson-UTI Energy Inc|PTEN - Analyst Median Target
- market capitalization details:
Market Capitalization Patterson-UTI Corp|PTEN - Total Enterprise Value
- issuer book value statistics:
Net Assets per Single Share Patterson-UTI|PTEN - Accounting Value of Company|Market Cap to Net Assets Ratio patenergy.com|PTEN - Aggregate Company Assets
- debt and liquidity data:
Total Debt to Capital Patterson-UTI Energy|PTEN - Ratio of Long-Term Indebtedness to Capital|Short-Term Debt to Capital Patterson-UTI Energy|PTEN - Company Total Debt|Debts to Book Capitalization Patterson-UTI Corp|PTEN - Long-Term Debt|Company Short-Term Debt Patterson-UTI|Quick Liquidity patenergy.com
- business earnings and investment ratios data:
PTEN - Profit After Tax|Projected Future Earnings Patterson-UTI Energy|PTEN - P/E Multiple|Projected Price to Earnings Patterson-UTI Energy, Inc.|PTEN - Company Value to Earnings Growth Ratio|Enterprise Value to EBITDA Ratio Patterson-UTI Corp|PTEN - Company profit before taxes, interest and amortization|Net earnings per share (EPS TTM) Patterson-UTI|PTEN - Net earnings per one share for the last twelve months|Year-over-year earnings per share growth for the last twelve months patenergy.com|PTEN - Earnings per share increase in current year|Net earnings per share growth forecast for next year Patterson-UTI Energy
- company sales and revenue statistics:
PTEN - Company Gross Revenue|Company Projected Revenue Patterson-UTI Corp|PTEN - Price to Sales|Price-to-Projected Revenue Ratio Patterson-UTI Corp
Analysis of all company metrics:Patterson-UTI PTEN
Product sample of Patterson-UTI Corp

For Patterson-UTI Energy (PTEN), the investment appeal of scaling robotic drilling rigs is reflected in the dynamics of market revenue expectations. The forward P/S ratio compares current market capitalization with projected sales, allowing for an assessment of how much the market is pricing in the business's technological transformation; an increase in this ratio signals investor optimism, while simultaneously raising the risk of a share price correction.

Competitor analysis

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