Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semisubmersible rig, and 40 jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. The company was incorporated in 2009 and is based in Hamilton, Bermuda.
P/S ratio for Valaris Limited (VAL)
P/S ratio as of 2023: 2.85
According to Valaris Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.85. At the end of 2022 the company had a P/S ratio of 3.17.
P/S ratio history for Valaris Limited from 1993 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.85 |
| 2022 | 3.17 |
| 2021 | 2.19 |
| 2020 | 3.30 |
| 2019 | 2.00 |
| 2018 | 6.03 |
| 2017 | 4.28 |
| 2016 | 2.38 |
| 2015 | 1.35 |
| 2014 | 0.30 |
| 2013 | 0.32 |
| 2012 | 0.37 |
| 2011 | 0.40 |
| 2010 | 0.49 |
| 2009 | 0.43 |
| 2008 | 0.34 |
| 2007 | 0.41 |
| 2006 | 0.50 |
| 2005 | 0.86 |
| 2004 | 1.16 |
| 2003 | 1.12 |
| 2002 | 1.20 |
| 2001 | 1.00 |
| 2000 | 1.55 |
| 1999 | 2.24 |
| 1998 | 1.03 |
| 1997 | 1.04 |
| 1996 | 1.68 |
| 1995 | 2.56 |
| 1994 | 2.61 |
| 1993 | 1.94 |