Valaris Ltd

NYSE VAL

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Valaris Ltd Price to Earnings Ratio (P/E) on June 03, 2024: -321.59

Valaris Ltd Price to Earnings Ratio (P/E) is -321.59 on June 03, 2024, a -1,922.24% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.

Valaris Ltd 52-week high Price to Earnings Ratio (P/E) is 183.81 on April 03, 2024, which is 157.16% above the current Price to Earnings Ratio (P/E).
Valaris Ltd 52-week low Price to Earnings Ratio (P/E) is -339.89 on May 21, 2024, which is -5.69% below the current Price to Earnings Ratio (P/E).
Valaris Ltd average Price to Earnings Ratio (P/E) for the last 52 weeks is 50.24.

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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