Noble Corporation plc (NYSE:NE) — Market Cap & Net Worth
Market Cap & Net Worth: Noble Corporation plc (NE)
Noble Corporation plc (NYSE:NE) has a market capitalization of $6.66 Billion ($6.66 Billion) as of May 2, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #2970 globally and #1033 in its home market, demonstrating a 3.27% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Noble Corporation plc's stock price $50.54 by its total outstanding shares 158846719 (158.85 Million). Analyse NE cash generation efficiency to see how efficiently the company converts income to cash.
Noble Corporation plc Market Cap History: 2021 to 2026
Noble Corporation plc's market capitalization history from 2021 to 2026. Data shows growth from $3.76 Billion to $8.03 Billion (16.82% CAGR).
Index Memberships
Noble Corporation plc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
Dow Jones Oil & Gas
DJUSEN
|
$2.22 Trillion | 0.30% | #28 of 77 |
Weight: Noble Corporation plc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Noble Corporation plc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Noble Corporation plc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.63x
Noble Corporation plc's market cap is 1.63 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.12x
Noble Corporation plc's market cap is 11.12 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $3.76 Billion | $847.81 Million | $352.21 Million | 4.43x | 10.67x |
| 2022 | $5.71 Billion | $1.41 Billion | $168.95 Million | 4.04x | 33.81x |
| 2023 | $7.40 Billion | $2.59 Billion | $481.90 Million | 2.86x | 15.36x |
| 2024 | $4.99 Billion | $3.06 Billion | $448.35 Million | 1.63x | 11.12x |
Competitor Companies of NE by Market Capitalization
Companies near Noble Corporation plc in the global market cap rankings as of May 2, 2026.
Key companies related to Noble Corporation plc by market ranking:
- Transocean Ltd (NYSE:RIG): Ranked #2907 globally with a market cap of $6.85 Billion USD.
- Sinopec Oilfield Service Corp (SHG:600871): Ranked #3405 globally with a market cap of $5.39 Billion USD ( CN¥36.85 Billion CNY).
- Patterson-UTI Energy Inc (NASDAQ:PTEN): Ranked #4857 globally with a market cap of $3.07 Billion USD.
- Helmerich and Payne Inc (NYSE:HP): Ranked #4883 globally with a market cap of $3.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2907 | Transocean Ltd | NYSE:RIG | $6.85 Billion | $6.84 |
| #3405 | Sinopec Oilfield Service Corp | SHG:600871 | $5.39 Billion | CN¥2.72 |
| #4857 | Patterson-UTI Energy Inc | NASDAQ:PTEN | $3.07 Billion | $11.99 |
| #4883 | Helmerich and Payne Inc | NYSE:HP | $3.05 Billion | $40.43 |
Noble Corporation plc Historical Marketcap From 2021 to 2026
Between 2021 and today, Noble Corporation plc's market cap moved from $3.76 Billion to $ 8.03 Billion, with a yearly change of 16.82%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $8.03 Billion | +78.97% |
| 2025 | $4.49 Billion | -10.06% |
| 2024 | $4.99 Billion | -32.60% |
| 2023 | $7.40 Billion | +29.54% |
| 2022 | $5.71 Billion | +52.00% |
| 2021 | $3.76 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Noble Corporation plc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.66 Billion USD |
| MoneyControl | $6.66 Billion USD |
| MarketWatch | $6.66 Billion USD |
| marketcap.company | $6.66 Billion USD |
| Reuters | $6.66 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Noble Corporation plc
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services through its fleet of mobile offshore drilling units. It operates drilling rigs, such as floaters and jackups. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.