Deep Value Driller
DVD.OL
#8725
Rank
$0.12 B
Marketcap
$1.40
Share price
2.33%
Change (1 day)
-39.82%
Change (1 year)

P/E ratio for Deep Value Driller (DVD.OL)

P/E ratio as of December 2024 (TTM): 405

According to Deep Value Driller's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 405.201. At the end of 2023 the company had a P/E ratio of > 1000.

P/E ratio history for Deep Value Driller from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023> 1000-55.24%
2022> 1000-1374.43%
2021-185

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.