REACH.OL
Price:
$6.53
Market Cap:
$2.14B
Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehi...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2000-01-24
Stock Exchange
OSL
Ticker
REACH.OL
According to Reach Subsea ASA’s latest financial reports and current stock price. The company's current PE Ratio is 11.26. This represents a change of -9.42% compared to the average of 12.43 of the last 4 quarters.
The mean historical PE Ratio of Reach Subsea ASA over the last ten years is 6.38. The current 11.26 PE Ratio has changed 17.55% with respect to the historical average. Over the past ten years (40 quarters), REACH.OL's PE Ratio was at its highest in in the March 2024 quarter at 76.50. The PE Ratio was at its lowest in in the December 2018 quarter at -12.57.
Average
6.38
Median
4.86
Minimum
-33.85
Maximum
80.40
Discovering the peaks and valleys of Reach Subsea ASA 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 = 721.26%
Maximum Annual PE Ratio = 80.40
Minimum Annual Increase = -215.88%
Minimum Annual PE Ratio = -33.85
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 10.51 | 107.80% |
| 2023 | 5.06 | -57.81% |
| 2022 | 11.98 | 157.09% |
| 2021 | 4.66 | -36.94% |
| 2020 | 7.39 | -215.88% |
| 2019 | -6.38 | -81.15% |
| 2018 | -33.85 | 261.98% |
| 2017 | -9.35 | 40.77% |
| 2016 | -6.64 | -108.26% |
| 2015 | 80.40 | 721.26% |
The current PE Ratio of Reach Subsea ASA (REACH.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
9.18
5-year avg
7.92
10-year avg
6.38
Reach Subsea ASA’s PE Ratio is greater than Odfjell Technology Ltd. (8.06), greater than OKEA Asa (4.23), greater than Panoro Energy ASA (7.52), greater than Northern Ocean Ltd. (-2.16), greater than Deep Value Driller AS (8.01), less than NorAm Drilling AS (14.82), less than Eidesvik Offshore ASA (11.89), greater than Akastor ASA (-49.69), greater than Prosafe SE (-0.11), greater than ABL Group ASA (-59.93),
| Company | PE Ratio | Market cap |
|---|---|---|
| 8.06 | $2.21B | |
| 4.23 | $2.32B | |
| 7.52 | $2.35B | |
| -2.16 | $2.60B | |
| 8.01 | $2.03B | |
| 14.82 | $1.43B | |
| 11.89 | $897.69M | |
| -49.69 | $3.07B | |
| -0.11 | $1.36B | |
| -59.93 | $1.15B |
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