Shelf Drilling Stock

Shelf Drilling P/S 2024

Shelf Drilling P/S

0.52

Ticker

SHLF.OL

ISIN

KYG236271055

WKN

A1166C

As of Sep 17, 2024, Shelf Drilling's P/S ratio stood at 0.52, a 23.81% change from the 0.42 P/S ratio recorded in the previous year.

The Shelf Drilling P/S history

Shelf Drilling Aktienanalyse

What does Shelf Drilling do?

Shelf Drilling Ltd is an internationally operating company that specializes in providing offshore drilling rigs for oil and gas companies. The company, headquartered in Dubai, was founded in 2012 and has since built up a significant portfolio of offshore drilling rigs. The company's history dates back to an initiative by private equity firms Castle Harlan and CHAMP Private Equity, who were determined to establish a company for offshore drilling rigs. They came up with the idea of acquiring a fleet of older drilling rigs, on which they would then carry out extensive renovation work and bring the technology up to date. This approach proved successful, and after just four years, the company had a fleet of 38 drilling rigs that were in operation worldwide. The business model of Shelf Drilling Ltd is based on providing customers with access to cost-effective, reliable, and modern offshore drilling rigs. By refurbishing older drilling rigs, Shelf Drilling Ltd can offer its services at competitive prices. The company has found a clear niche in the market and has built up a good reputation by providing its customers with flexible and tailored solutions. The development of Shelf Drilling Ltd's business model has helped the company to expand into several countries. The company's main areas of operation are currently in Southeast Asia, the Middle East, West Africa, the Mediterranean, and North America. Shelf Drilling Ltd offers its customers a variety of products and services. The company operates a fleet of offshore drilling rigs that are designed to ensure high availability and operational safety with minimal downtime. This includes a balanced mix of modern and older drilling rigs. In addition to offshore drilling rigs, the company also offers a range of services that contribute to supporting and enhancing the customer experience. These include tailored solutions for specific projects, comprehensive maintenance and repairs, as well as training and education for the customer's staff. Overall, Shelf Drilling Ltd has established itself as a successful company in the offshore drilling rig market. By refurbishing older drilling rigs, the company has effectively saved costs while still providing its customers with reliable technology. The variety of services offered by the company has helped it to take a leading position in the industry and build strong relationships with its customers. Shelf Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Shelf Drilling's P/S Ratio

Shelf Drilling's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Shelf Drilling's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Shelf Drilling's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Shelf Drilling’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Shelf Drilling stock

What is the price-to-earnings ratio of Shelf Drilling?

The price-earnings ratio of Shelf Drilling is currently 0.52.

How has the price-earnings ratio of Shelf Drilling changed compared to last year?

The price-to-earnings ratio of Shelf Drilling has increased by 23.81% increased 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 Shelf Drilling high compared to other companies?

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

How does an increase in the price-earnings ratio of Shelf Drilling affect the company?

An increase in the price-earnings ratio of Shelf Drilling 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 Shelf Drilling affect the company?

A decrease in the price-earnings ratio of Shelf Drilling 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 Shelf Drilling?

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

How much dividend does Shelf Drilling pay?

Over the past 12 months, Shelf Drilling paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Shelf Drilling is expected to pay a dividend of 0 USD.

What is the dividend yield of Shelf Drilling?

The current dividend yield of Shelf Drilling is .

When does Shelf Drilling pay dividends?

Shelf Drilling pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Shelf Drilling?

Shelf Drilling paid dividends every year for the past 0 years.

What is the dividend of Shelf Drilling?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shelf Drilling located?

Shelf Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Shelf Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shelf Drilling from 9/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/17/2024.

When did Shelf Drilling pay the last dividend?

The last dividend was paid out on 9/17/2024.

What was the dividend of Shelf Drilling in the year 2023?

In the year 2023, Shelf Drilling distributed 0 USD as dividends.

In which currency does Shelf Drilling pay out the dividend?

The dividends of Shelf Drilling are distributed in USD.

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Andere Kennzahlen von Shelf Drilling

Our stock analysis for Shelf Drilling 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 Shelf Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.