Is Weatherford International plc overvalued or undervalued?

As of 17 October 2025, the valuation grade for Weatherford International plc moved from very expensive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 7, a Price to Book Value of 2.60, and an EV to EBITDA of 3.33. In comparison, peers such as NOV, Inc. have a P/E of 10.22 and an EV to EBITDA of 4.74, while Cactus, Inc. shows a P/E of 15.00 and an EV to EBITDA of 8.72, indicating that Weatherford is trading at a discount relative to these competitors.
Despite recent challenges, with a year-to-date return of -13.04% compared to the S&P 500's 13.30%, Weatherford's long-term performance has been strong, evidenced by a remarkable 5-year return of 2770.51%. This suggests that while the stock may currently be underperforming, its historical growth potential remains significant.