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Odfjell Drilling (CHIX:ODLo) 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 Drilling Forward PE Ratio Related Terms
Odfjell Drilling Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Odfjell Drilling'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.
Odfjell Drilling Forward PE Ratio Chart
Odfjell Drilling Annual Data
Trend
2019-12
2023-12
2024-12
2025-12
Forward PE Ratio
12.09
13.00
7.51
7.99
Odfjell Drilling Quarterly Data
2019-12
2020-03
2021-03
2021-06
2022-03
2022-06
2022-09
2023-09
2023-12
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.09
2.02
16.16
20.24
60.98
66.67
16.92
10.02
13.00
9.53
7.51
8.74
7.99
7.75
7.99
8.50
CHIX:ODLO vs NE, RIG, VAL: Forward PE Ratio Comparison
For the Oil & Gas Drilling subindustry, Odfjell Drilling'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 Drilling Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Odfjell Drilling's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Odfjell Drilling's Forward PE Ratio falls into.
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 Drilling (CHIX:ODLO) has a Forward PE Ratio of 9.34 as of Jul. 20, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Odfjell Drilling and its competitors. According to the industry distribution chart, Odfjell Drilling ranks #216 out of 543 companies in the Oil & Gas industry, placing it in the top 39.8%.
Is Odfjell Drilling's Forward PE Ratio too high?
Odfjell Drilling's current Forward PE Ratio is 9.34. The Oil & Gas industry median Forward PE Ratio is 10.82. Odfjell Drilling's value of 9.34 is 13.7% below this industry median. Based on the distribution chart, Odfjell Drilling ranks #216 out of 543 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Odfjell Drilling has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's Forward PE Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #216 out of 543 companies for Forward PE Ratio. This puts Odfjell Drilling in the upper half of its industry. The industry median Forward PE Ratio is 10.82. Odfjell Drilling's value of 9.34 is 13.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.82, based on 543 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odfjell Drilling's current Forward PE Ratio of 9.34 is 13.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Odfjell Drilling and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current Forward PE Ratio is 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (CHIX:ODLO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr73.62, compared to a current price of kr84.10 — trading 14.2% above its estimated fair value. The current Forward PE Ratio is 9.34 and 13.7% below the Oil & Gas industry median of 10.82. Odfjell Drilling's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Odfjell Drilling (CHIX:ODLO), the current Forward PE Ratio is 9.34 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Odfjell Drilling (CHIX:ODLO) Overvalued in 2026?
Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued.
The current stock price of kr84.10 is trading 14.2% above its estimated GF Value™ of kr73.62.
GuruFocus considers Odfjell Drilling to be Modestly Overvalued.
Key valuation signals for CHIX:ODLO:
Forward PE Ratio: 9.34
GF Value™: kr73.62 vs. price of kr84.10 (14.2% above fair value)
Industry Position: 13.7% below the Oil & Gas median (#216 of 543)
No single metric tells the full story. See the CHIX:ODLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
72GF Score
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