Has the Omani Energy Sector valuation changed over the past few years?
|Thu, 09 Dec 2021||ر.ع301.0m||ر.ع1.4b||ر.ع19.8m||12.8x|
|Sat, 06 Nov 2021||ر.ع310.6m||ر.ع1.4b||ر.ع17.2m||18.1x|
|Mon, 04 Oct 2021||ر.ع315.6m||ر.ع1.4b||ر.ع17.4m||18.4x|
|Wed, 01 Sep 2021||ر.ع313.9m||ر.ع1.4b||ر.ع17.4m||18x|
|Thu, 08 Jul 2021||ر.ع305.8m||ر.ع1.4b||ر.ع17.4m||17.5x|
|Wed, 31 Mar 2021||ر.ع264.9m||ر.ع1.3b||ر.ع12.8m||21.4x|
|Sat, 02 Jan 2021||ر.ع287.4m||ر.ع1.3b||ر.ع12.4m||38.8x|
|Tue, 06 Oct 2020||ر.ع272.5m||ر.ع1.5b||ر.ع12.2m||22.3x|
|Fri, 10 Jul 2020||ر.ع268.4m||ر.ع1.6b||ر.ع14.9m||18.8x|
|Thu, 02 Apr 2020||ر.ع319.1m||ر.ع1.8b||ر.ع19.7m||12.8x|
|Sun, 05 Jan 2020||ر.ع350.4m||ر.ع1.8b||ر.ع17.4m||12x|
|Wed, 09 Oct 2019||ر.ع344.3m||ر.ع1.8b||ر.ع15.2m||12.3x|
|Tue, 02 Jul 2019||ر.ع401.0m||ر.ع1.8b||ر.ع15.9m||9.9x|
|Fri, 05 Apr 2019||ر.ع369.1m||ر.ع1.8b||ر.ع21.3m||11.4x|
|Mon, 07 Jan 2019||ر.ع427.4m||ر.ع1.8b||ر.ع23.8m||12.1x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 12.8x which is lower than its 3-year average PE of 17.1x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Energy industry have grown 157% per year over the last three years, while revenues for these companies have declined 7.6% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Which industries have driven the changes within the Omani Energy sector?
|Oil and Gas||0.014%|
Industry PE: Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 19.9x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Energy Services industry, which is trading below its 3-year average of 23.3x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Which companies have driven the market over the last 7 days?
|RNSS Renaissance Services SAOG||1.8%+ر.ع1.7m||27.4%||PE10.9x|