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Lowest Price to Book Ratio in the Oil & Gas Storage & Transportation Industry Detected in Shares of Teekay Tankers (TNK, DHT, TK, NAT, SFL)

By Amy Schwartz

Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.

Teekay Tankers ranks lowest with a a price to book ratio of 0.33. DHT Maritime is next with a a price to book ratio of 0.60. Teekay ranks third lowest with a a price to book ratio of 0.70.

Nordic American Tanker Shipping follows with a a price to book ratio of 0.76, and Ship Finance International rounds out the bottom five with a a price to book ratio of 1.15.

SmarTrend recommended that its subscribers protect gains by selling shares of Teekay on March 14th, 2017 by issuing a Downtrend alert when the shares were trading at $8.89. Since that call, shares of Teekay have fallen 14.7%. 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 teekay tankers dht maritime Teekay nordic american tanker shipping ship finance international

Ticker(s): TNK DHT TK NAT SFL