Valaris Ltd

NYSE VAL

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Valaris Ltd Price to Book Ratio (P/B) on June 03, 2024: 2.63

Valaris Ltd Price to Book Ratio (P/B) is 2.63 on June 03, 2024, a -23.17% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.

Valaris Ltd 52-week high Price to Book Ratio (P/B) is 4.59 on October 13, 2023, which is 74.68% above the current Price to Book Ratio (P/B).
Valaris Ltd 52-week low Price to Book Ratio (P/B) is 2.30 on May 01, 2024, which is -12.58% below the current Price to Book Ratio (P/B).
Valaris Ltd average Price to Book Ratio (P/B) for the last 52 weeks is 3.69.

NYSE: VAL

Valaris Ltd

CEO	Mr. Anton Dibowitz
IPO Date	March 17, 1992
Location	Bermuda
Headquarters	Clarendon House, Hamilton, Bermuda, HM 11
Employees	4,261
Sector	Energy
Industry	Oil & gas equipment & services

Description

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.

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