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Velesto Energy Bhd (XKLS:5243) Forward PE Ratio : 13.85 (As of May. 01, 2024)


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What is Velesto Energy Bhd Forward PE Ratio?

Velesto Energy Bhd's Forward PE Ratio for today is 13.85.

Velesto Energy Bhd's PE Ratio without NRI for today is 270.00.

Velesto Energy Bhd's PE Ratio for today is 270.00.


Velesto Energy Bhd Forward PE Ratio Historical Data

The historical data trend for Velesto Energy Bhd's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Velesto Energy Bhd Forward PE Ratio Chart

Velesto Energy Bhd Annual Data
Trend 2022-12 2023-12 2024-04
Forward PE Ratio
14.99 12.44 13.59

Velesto Energy Bhd Quarterly Data
2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 222.22 11.49 14.99 19.08 21.98 17.57 12.44 15.13

Competitive Comparison of Velesto Energy Bhd's Forward PE Ratio

For the Oil & Gas Drilling subindustry, Velesto Energy Bhd's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Velesto Energy Bhd's Forward PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Velesto Energy Bhd's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Velesto Energy Bhd's Forward PE Ratio falls into.



Velesto Energy Bhd Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Velesto Energy Bhd  (XKLS:5243) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Velesto Energy Bhd Forward PE Ratio Related Terms

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Velesto Energy Bhd (XKLS:5243) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, MYS, 50470
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company has four operating segments namely drilling services; Integrated services; oilfield services; and others. The company has a geographical presence in Malaysia, Indonesia, and Singapore.

Velesto Energy Bhd (XKLS:5243) Headlines

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