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	41.2	31.48%	🇺🇸 USA
RPM International RPM	33.4	6.62%	🇺🇸 USA
PPG Industries PPG	21.7	-30.86%	🇺🇸 USA
Ferro FOE	12.2	-61.02%	🇺🇸 USA
H.B. Fuller FUL	29.5	-5.85%	🇺🇸 USA
Quaker Houghton KWR	352	1,023.28%	🇺🇸 USA
Dupont De Nemours DD	8.80	-71.94%	🇺🇸 USA
Masco MAS	23.1	-26.30%	🇺🇸 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.