Relatively Low Price to Book Ratio Detected in Shares of Gulfmark Offshore in the Oil & Gas Equipment & Services Industry (GLF, TDW, HOS, BRS, CRR)
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.
Gulfmark Offshore ranks lowest with a a price to book ratio of 0.05. Following is Tidewater with a a price to book ratio of 0.06. Hornbeck Offshore Services ranks third lowest with a a price to book ratio of 0.14.
Bristow Group follows with a a price to book ratio of 0.26, and CARBO Ceramics rounds out the bottom five with a a price to book ratio of 0.35.
SmarTrend recommended that its subscribers protect gains by selling shares of Gulfmark Offshore on July 28th, 2016 by issuing a Downtrend alert when the shares were trading at $2.90. Since that call, shares of Gulfmark Offshore have fallen 48.2%. 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 gulfmark offshore tidewater hornbeck offshore services bristow group carbo ceramics