Arabian Drilling Company

Arabian Drilling Companyverified

2381.SR

Price:

$73.5

Market Cap:

$6.54B

Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. Its services include the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil and natural gas, as well as well intervention and testing, rig move, mobilization, manpower, and other services. The company operates an onshore fleet of 38 rigs, which include medium to ultra-heavy rigs; and offshore fleet of 7 rigs that comprises of ultra-heavy-duty jack-ups. Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia. Arabian Drilling Company is a subsidiary of Industrialization & Energy Services Company.

Industry

Oil & Gas Drilling

IPO Date

2022-11-09

Stock Exchange

SAU

Ticker

2381.SR

The PE Ratio as of June 2025 (TTM) for Arabian Drilling Company (2381.SR) is 26.16

According to Arabian Drilling Company’s latest financial reports and current stock price. The company's current PE Ratio is 26.16. This represents a change of -56.29% compared to the average of 59.84 of the last 4 quarters.

Arabian Drilling Company (2381.SR) Historical PE Ratio (quarterly & annually)

How has 2381.SR PE Ratio performed in the past?

The mean historical PE Ratio of Arabian Drilling Company over the last ten years is 45.50. The current 26.16 PE Ratio has changed 5.65% with respect to the historical average. Over the past ten years (40 quarters), 2381.SR's PE Ratio was at its highest in in the June 2024 quarter at 148.21. The PE Ratio was at its lowest in in the September 2022 quarter at 12.83.

Quarterly (TTM)
Annual

Average

45.50

Median

37.23

Minimum

16.53

Maximum

118.24

Arabian Drilling Company (2381.SR) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Arabian Drilling Company PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 70.11%

Maximum Annual PE Ratio = 118.24

Minimum Annual Increase = -59.82%

Minimum Annual PE Ratio = 16.53

Quarterly (TTM)
Annual
YearPE RatioChange
202430.919.93%
202328.1270.11%
202216.53-58.69%
202140.017.49%
202037.23-21.65%
201947.51-59.82%

Arabian Drilling Company (2381.SR) Average PE Ratio

How has 2381.SR PE Ratio performed in the past?

The current PE Ratio of Arabian Drilling Company (2381.SR) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

25.18

5-year avg

30.56

10-year avg

45.50

Arabian Drilling Company (2381.SR) PE Ratio vs. Peers

How is 2381.SR’s PE Ratio compared to its peers?

Arabian Drilling Company’s PE Ratio is less than The Power and Water Utility Company for Jubail and Yanbu (571.43), less than Elm Company (38.18), greater than Saudi Aramco Base Oil Company - Luberef (16.34), greater than Nahdi Medical Company (19.48), less than Saudi Tadawul Group Holding Company (35.94),

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