Shares of Atwood Oceanics Rank the Lowest in Terms of Price to Book Ratio in the Oil & Gas Drilling Industry (ATW, NE, ESV, RIG, RDC)
Below are the three companies in the Oil & Gas Drilling industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Atwood Oceanics ranks lowest with a a price to book ratio of 0.20. Following is Noble with a a price to book ratio of 0.20. ENSCO International ranks third lowest with a a price to book ratio of 0.22.
Transocean follows with a a price to book ratio of 0.26, and Rowan rounds out the bottom five with a a price to book ratio of 0.38.
SmarTrend recommended that subscribers consider buying shares of Atwood Oceanics on September 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $8.74. Since that recommendation, shares of Atwood Oceanics have risen 5.1%. We continue to monitor Atwood Oceanics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio atwood oceanics Noble ensco international Transocean rowan