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Edda Wind ASA Edda Wind ASA

Edda Wind ASA

EWIND
Rank in Stocks #17214
Edda Wind ASA is a global provider specializing in the development,... Edda Wind ASA is a global provider specializing in the development, construction, ownership, operation, and leasing of specialized service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) dedicated to supporting offshore wind energy projects around the world. Its current fleet comprises two purpose-built SOVs that it both owns and operates, alongside one "frontrunner" vessel leased from another provider. Additionally, the company is actively expanding its capabilities with eight new offshore wind vessels currently under construction, consisting of two SOVs and six CSOVs. Established in 2015, the firm maintains its main offices in Haugesund, Norway.
Share Price
$2.25
Last synced: 2025-06-23
Market Cap
$252.57M
Change (1 day)
0.11%
Change (1 year)
0.00%
Country
NO
Trade Edda Wind ASA (EWIND)

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P/E ratio for Edda Wind ASA (EWIND)
P/E ratio as of September 2026 TTM: 62.45
According to Edda Wind ASA latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.45. At the end of 2023 the company had a P/E ratio of -58.54.
P/E ratio history for Edda Wind ASA from 2017 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 62.45 30.22%
2024 47.96 -181.92%
2023 -58.54 -166.95%
2022 87.44 61.86%
2021 54.02 -11.72%
2020 61.19 -0.27%
2019 61.36 -160.29%
2018 -101.78 0.00%
2017 0.00 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
28.89 -53.73%
US
20.24 -67.59%
US
19.28 -69.13%
US
26.67 -57.29%
GB
14.85 -76.22%
LU
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.