Relatively High Price to Forward Sales Detected in Shares of Helmerich & Payne in the Oil & Gas Drilling Industry (HP, PTEN, DO, NBR, RDC)
Below are the three companies in the Oil & Gas Drilling industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.
Helmerich & Payne ranks highest with a a price to forward sales ratio of 2.91. Patterson-UTI Energy is next with a a price to forward sales ratio of 2.02. Diamond Offshore Drilling ranks third highest with a a price to forward sales ratio of 1.62.
Nabors Industries follows with a a price to forward sales ratio of 0.99, and Rowan rounds out the top five with a a price to forward sales ratio of 0.91.
SmarTrend is monitoring the recent change of momentum in Rowan. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Rowan in search of a potential trend change.
Keywords: highest price to forward sales helmerich & payne patterson-uti energy Diamond Offshore Drilling Nabors Industries rowan