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	39.8	15.02%	🇺🇸 USA
RPM International RPM	30.8	-10.82%	🇺🇸 USA
PPG Industries PPG	21.2	-38.64%	🇺🇸 USA
Ferro FOE	12.2	-64.62%	🇺🇸 USA
H.B. Fuller FUL	29.8	-13.89%	🇺🇸 USA
Quaker Houghton KWR	360	940.96%	🇺🇸 USA
Dupont De Nemours DD	8.55	-75.27%	🇺🇸 USA
Masco MAS	22.1	-36.13%	🇺🇸 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.