Is NOV Inc. (NOV) overvalued? · P/E 86, rev $8.87B
NOV Inc. (NOV) is a oil & gas equipment & services company listed on US.
This page asks whether NOV Inc. (NOV) looks expensive on cached numbers — not a short thesis.
Latest reported NOV revenue for 2024-12-31 was $8.87B. Net income was $635.0M. Revenue was up 3.3% from 2023-12-31 to 2024-12-31. NOV currently screens at market cap $7.70B and trailing P/E 85.8.
NOV currently screens at market cap $7.70B and trailing P/E 85.8. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next NOV 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the NOV stock page for the full model, not this heading.
Not investment advice.