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Ocean Vantage Holdings Bhd (XKLS:0220) 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 .
Ocean Vantage Holdings Bhd Forward PE Ratio Related Terms
Ocean Vantage Holdings Bhd Forward PE Ratio Historical Data
* 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.
Ocean Vantage Holdings Bhd Forward PE Ratio Chart
Ocean Vantage Holdings Bhd Annual Data
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Forward PE Ratio
Ocean Vantage Holdings Bhd Quarterly Data
Forward PE Ratio
XKLS:0220 vs SLB, BKR, HAL: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Ocean Vantage Holdings 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.
Ocean Vantage Holdings Bhd Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ocean Vantage Holdings Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ocean Vantage Holdings Bhd's Forward PE Ratio falls into.
Ocean Vantage Holdings 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.
Ocean Vantage Holdings Bhd (XKLS:0220) has a Forward PE Ratio of 0.00 as of Jul. 24, 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 Ocean Vantage Holdings Bhd and its competitors. According to the industry distribution chart, Ocean Vantage Holdings Bhd ranks #999999 out of 543 companies in the Oil & Gas industry.
Is Ocean Vantage Holdings Bhd's Forward PE Ratio too high?
Ocean Vantage Holdings Bhd's current Forward PE Ratio is 0.00. Based on the distribution chart, Ocean Vantage Holdings Bhd ranks #999999 out of 543 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Forward PE Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Ocean Vantage Holdings Bhd ranks #999999 out of 543 companies for Forward PE Ratio. This places Ocean Vantage Holdings Bhd in the lower half of its industry. The industry median Forward PE Ratio is 11.27. 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 11.27, 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. 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 Ocean Vantage Holdings Bhd and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Vantage Holdings Bhd's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.24 — trading 80.8% above its estimated fair value. The current Forward PE Ratio is 0.00. Ocean Vantage Holdings Bhd's overall GF Score™ is 56/100 with 7 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Forward PE Ratio is 0.00 as of Jul. 24, 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 Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.24 is trading 80.8% above its estimated GF Value™ of RM0.13.
GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0220:
Forward PE Ratio: 0.00
GF Value™: RM0.13 vs. price of RM0.24 (80.8% above fair value)
No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
56GF Score
Get the complete analysis for XKLS:0220
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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