As of Nov 21, 2024, the Valaris stock's PE ratio is 3.27. This results from the current EPS of $14.59 and stock price of $47.69. The P/E ratio has decreased by 40% from the past four quarters average of 5.4.
The PE ratio of Valaris has averaged 28.34 over the last three years. The current PE ratio of 3.27 is 88% below the historical average. In the past three years, VAL's PE ratio was at its highest in the Sep 2023 quarter at 93.73, when the stock price was $74.98 and the EPS was $0.8. The lowest value was in the Sep 2024 quarter, when it reached 3.82 with a price of $55.75 and an EPS of $14.59.
Maximum annual decrease: -79.6% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 5.87 | -79.6% |
2022 | 28.77 | N/A |
VAL's current P/E ratio is lower than the 3-year average.
VAL's PE ratio is lower than its peer stocks SLB and BKR. Valaris's current PE ratio of 3.27 is below the average of its peers, which is 15.1.
Stock name | PE ratio | Market cap |
---|---|---|
VAL Valaris Ltd | 3.27 | $3.39B |
NOV National Oilwell Varco Inc | 6.03 | $6.38B |
RES RPC, Inc. | 10.98 | $1.32B |
HAL Halliburton Co | 11.1 | $28B |
SLB Schlumberger Limited | 13.99 | $62.22B |
FTI TechnipFMC plc | 19.37 | $12.77B |
BKR Baker Hughes Co | 19.95 | $44.41B |
WTTR Select Energy Services Inc | 24.3 | $1.74B |
OIS Oil States International Inc | N/A | $343.32M |
As of Nov 21, 2024, VAL stock has a price to earnings ratio of 3.27.
Over the last 3 years, the average price to earnings ratio for VAL stock is 28.34.
Over the last three years, the quarterly PE ratio reached a historic high of 93.73 in the Sep 2023 quarter.
VAL's price to earnings ratio is currently 88% below its 3-year historical average.
VAL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Valaris's stock price is $47.69. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $14.59. Therefore, Valaris's P/E ratio for today is 3.27. PE RATIO(3.27) = STOCK PRICE($47.69) / TTM EPS($14.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.