Metrics to compare | VAL | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipVALPeersSector | |
|---|---|---|---|---|
P/E Ratio | 5.3x | 24.8x | 4.9x | |
PEG Ratio | 0.02 | −0.52 | 0.00 | |
Price/Book | 1.7x | 1.8x | 1.1x | |
Price / LTM Sales | 2.4x | 1.0x | 1.4x | |
Upside (Analyst Target) | −21.4% | 31.0% | 36.1% | |
Fair Value Upside | Unlock | 22.1% | 9.6% | Unlock |
Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally. It operates through four segments: Floaters, Jackups, ARO, and Other. The company owns an offshore drilling rig fleet, which includes drillships, dynamically positioned semisubmersible rigs, a moored semisubmersible rig, and jackup rigs. It also offers management services on rigs owned by third parties. The company serves international, government-owned, and independent oil and gas companies. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.