Lowest Price to Book Ratio in the Oil & Gas Equipment & Services Industry Detected in Shares of Tidewater (TDW, GLF, HOS, BRS, GIFI)
Below are the three companies in the Oil & Gas Equipment & Services industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Tidewater ranks lowest with a a price to book ratio of 0.10. Following is Gulfmark Offshore with a a price to book ratio of 0.12. Hornbeck Offshore Services ranks third lowest with a a price to book ratio of 0.22.
Bristow Group follows with a a price to book ratio of 0.31, and Gulf Island Fabrication rounds out the bottom five with a a price to book ratio of 0.37.
SmarTrend recommended that its subscribers protect gains by selling shares of Gulf Island Fabrication on March 23rd, 2016 by issuing a Downtrend alert when the shares were trading at $8.18. Since that call, shares of Gulf Island Fabrication have fallen 14.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest price to book ratio tidewater gulfmark offshore hornbeck offshore services bristow group gulf island fabrication