Adnoc Drilling Company PJSC - Stock

Adnoc Drilling Company PJSC P/E 2024

Adnoc Drilling Company PJSC P/E

51.91

Ticker

ADNOCDRILL.AD

ISIN

AEA007301012

As of Jun 29, 2024, Adnoc Drilling Company PJSC's P/E ratio was 51.91, a -8.21% change from the 56.55 P/E ratio recorded in the previous year.

The Adnoc Drilling Company PJSC P/E history

Adnoc Drilling Company PJSC Aktienanalyse

What does Adnoc Drilling Company PJSC do?

Adnoc Drilling Company PJSC ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Adnoc Drilling Company PJSC's P/E Ratio

The Price to Earnings (P/E) Ratio of Adnoc Drilling Company PJSC is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Adnoc Drilling Company PJSC's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Adnoc Drilling Company PJSC is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Adnoc Drilling Company PJSC’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Adnoc Drilling Company PJSC Stock

What is the price-to-earnings ratio of Adnoc Drilling Company PJSC?

The price-earnings ratio of Adnoc Drilling Company PJSC is currently 51.91.

How has the price-earnings ratio of Adnoc Drilling Company PJSC changed compared to last year?

The price-to-earnings ratio of Adnoc Drilling Company PJSC has increased by -8.21% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Adnoc Drilling Company PJSC high compared to other companies?

Yes, the price-to-earnings ratio of Adnoc Drilling Company PJSC is high compared to other companies.

How does an increase in the price-earnings ratio of Adnoc Drilling Company PJSC affect the company?

An increase in the price-earnings ratio of Adnoc Drilling Company PJSC would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Adnoc Drilling Company PJSC affect the company?

A decrease in the price-earnings ratio of Adnoc Drilling Company PJSC would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Adnoc Drilling Company PJSC?

Some factors that influence the price-earnings ratio of Adnoc Drilling Company PJSC are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Adnoc Drilling Company PJSC pay?

Over the past 12 months, Adnoc Drilling Company PJSC paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 3.88 %. For the coming 12 months, Adnoc Drilling Company PJSC is expected to pay a dividend of 0.07 USD.

What is the dividend yield of Adnoc Drilling Company PJSC?

The current dividend yield of Adnoc Drilling Company PJSC is 3.88 %.

When does Adnoc Drilling Company PJSC pay dividends?

Adnoc Drilling Company PJSC pays a quarterly dividend. This is distributed in the months of September, May, November, April.

How secure is the dividend of Adnoc Drilling Company PJSC?

Adnoc Drilling Company PJSC paid dividends every year for the past 5 years.

What is the dividend of Adnoc Drilling Company PJSC?

For the upcoming 12 months, dividends amounting to 0.07 USD are expected. This corresponds to a dividend yield of 1.69 %.

In which sector is Adnoc Drilling Company PJSC located?

Adnoc Drilling Company PJSC is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Adnoc Drilling Company PJSC kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Adnoc Drilling Company PJSC from 4/3/2024 amounting to 0.082 USD, you needed to have the stock in your portfolio before the ex-date on 3/22/2024.

When did Adnoc Drilling Company PJSC pay the last dividend?

The last dividend was paid out on 4/3/2024.

What was the dividend of Adnoc Drilling Company PJSC in the year 2023?

In the year 2023, Adnoc Drilling Company PJSC distributed 0.153 USD as dividends.

In which currency does Adnoc Drilling Company PJSC pay out the dividend?

The dividends of Adnoc Drilling Company PJSC are distributed in USD.

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Andere Kennzahlen von Adnoc Drilling Company PJSC

Our stock analysis for Adnoc Drilling Company PJSC Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Adnoc Drilling Company PJSC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.