Borr Drilling
BORR
#4403
Rank
$1.31 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$5.73
Share price
-0.69%
Change (1 day)
156.95%
Change (1 year)

P/E ratio for Borr Drilling (BORR)

P/E ratio as of February 2023 (TTM): -2.75

According to Borr Drilling 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.7524. At the end of 2021 the company had a P/E ratio of -1.43.

P/E ratio history for Borr Drilling from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-1.43623.53%
2020-0.1977-93.87%
2019-3.23

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.