P/E ratio for Valaris (VAL)

P/E ratio history for Valaris from 2021 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Sherwin-Williams SHW	35.3	26.32%	🇺🇸 USA
RPM International RPM	30.0	7.26%	🇺🇸 USA
PPG Industries PPG	19.2	-31.26%	🇺🇸 USA
Ferro FOE	12.2	-56.23%	🇺🇸 USA
H.B. Fuller FUL	22.9	-18.20%	🇺🇸 USA
Quaker Houghton KWR	289	935.73%	🇺🇸 USA
Dupont De Nemours DD	7.78	-72.14%	🇺🇸 USA
Masco MAS	19.4	-30.72%	🇺🇸 USA

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.