Ades Holding Co.
2382
Rank in Stocks
#3596
ADES Holding Company, through its various subsidiaries, specializes in... ADES Holding Company, through its various subsidiaries, specializes in providing a comprehensive suite of oil and gas drilling and production services throughout the Middle East and Asia. The company's core operations are divided into offshore and onshore segments. For its offshore clients, ADES offers drilling, well maintenance, and mobile offshore production unit (MOPU) production capabilities, supplemented by shipboard support services such as accommodation and catering. On the onshore front, the company delivers drilling, general maintenance, and extensive repair services. Founded in 2016, ADES Holding Company maintains its headquarters in Al Khobar, United Arab Emirates.
Share Price
$4.27
Market Cap
$4.72B
Change (1 day)
-0.80%
Change (1 year)
1.72%
Country
SA
Trade Ades Holding Co. (2382)
Category
Energy
P/E ratio for Ades Holding Co. (2382)
P/E ratio as of October 2026 TTM: 22.11
According to Ades Holding Co. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.11. At the end of 2023 the company had a P/E ratio of 59.45.
P/E ratio history for Ades Holding Co. from 2014 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 22.11 | -6.86% |
| 2024 | 23.74 | -60.07% |
| 2023 | 59.45 | 54.24% |
| 2022 | 38.55 | -72.39% |
| 2021 | 139.60 | 1,317.15% |
| 2020 | 9.85 | 37.79% |
| 2019 | 7.15 | 158.72% |
| 2018 | 2.76 | -31.69% |
| 2017 | 4.05 | 3.11% |
| 2016 | 3.92 | -32.55% |
| 2015 | 5.82 | -9.38% |
| 2014 | 6.42 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 6.29 | -71.55% |
BM
|
|
| 9.94 | -55.03% |
US
|
|
| -50.02 | -326.23% |
US
|
|
| - | - |
CH
|
|
| - | - |
CN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.