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Odfjell SE (OSL:ODF) Forward PE Ratio : 3.94 (As of May. 21, 2024)


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What is Odfjell SE Forward PE Ratio?

Odfjell SE's Forward PE Ratio for today is 3.94.

Odfjell SE's PE Ratio without NRI for today is 6.71.

Odfjell SE's PE Ratio for today is 6.12.


Odfjell SE Forward PE Ratio Historical Data

The historical data trend for Odfjell SE'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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Odfjell SE Forward PE Ratio Chart

Odfjell SE Annual Data
Trend 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
12.72 8.32 10.27 4.00 4.33 3.94

Odfjell SE Quarterly Data
2019-12 2020-03 2020-06 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 12.72 9.81 11.39 8.32 10.38 42.92 9.04 10.27 9.47 6.70 4.92 4.00 3.74 3.20 3.32 4.33 3.72

Competitive Comparison of Odfjell SE's Forward PE Ratio

For the Marine Shipping subindustry, Odfjell SE'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.


Odfjell SE's Forward PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Odfjell SE's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Odfjell SE's Forward PE Ratio falls into.



Odfjell SE 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.


Odfjell SE  (OSL:ODF) 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 .


Odfjell SE Forward PE Ratio Related Terms

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Odfjell SE (OSL:ODF) Business Description

Traded in Other Exchanges
Address
Conrad Mohrs veg 29, P.O. Box 6101, Postterminalen, Bergen, NOR, 5892
Odfjell SE is a company engaged in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products. It also owns and operates chemical tankers and tank terminals. The Company has two reportable operating segments: The Chemical Tankers involve a round-the-world service, servicing ports in Europe, North, and South America, the Middle East and Asia, Australia, and Africa, and The Tank Terminals segment offers storage of various chemical and petroleum products. It operates through various geographical regions which include North and South America, Norway, Netherlands, Australasia, Africa Middle East, and Asia, and derives a majority of its revenue from the Middle East and Asia.

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