Is Helix Energy Solutions Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Helix Energy Solutions Group, Inc. has moved from very attractive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 12, which is notably lower than peers such as NOV, Inc. at 10.22 and Weatherford International plc at 7.99, indicating a competitive valuation. Additionally, the EV to EBITDA ratio of 3.29 is also favorable compared to the industry average, while the PEG ratio of 0.23 suggests strong growth potential relative to its price.
In terms of performance, Helix Energy Solutions has shown mixed results against the S&P 500, with a 1-week return of 3.27% compared to the index's 1.70%, but a significant decline of 39.46% over the past year against the S&P's 14.08% gain. This divergence highlights the challenges the company faces despite its current valuation metrics. Overall, Helix Energy Solutions is positioned fairly in the market, reflecting its recent performance and valuation ratios.