Subsea 7 stock: valuation and P/E
SUBC.OLSubsea 7 trades at a P/E of 16.1 (Oil & Gas Equipment & Services median 24.8, own median of recent years 17.3).
Daily figure as of 13 Nov 2026
P/E on expected earnings
The forward P/E of 12.5 divides the price by the earnings per share that 15 analysts expect on average for the next twelve months: $2.64. The twelve months are made up pro rata of the estimates for fiscal 2026 and 2027.
Analysts mostly estimate adjusted earnings, excluding amortization of acquisitions and other one-off items. The estimates change all the time; they are no promise and no price target.
Against its own valuation history
Each fiscal year is shown with its P/E on the year-end date, using the price at the time.
P/E at each fiscal year end
Figures as a table
| Year | P/E |
|---|---|
| 2016 | 9.4 |
| 2017 | 10.8 |
| 2018 | 17.3 |
| 2021 | 65.1 |
| 2022 | 96 |
| 2023 | 282.8 |
| 2024 | 23.3 |
| 2025 | 14.1 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = NOK 9.5325)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 8 Nov 2026, previously Neutral
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
