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Top 5 Companies in the Oil & Gas Drilling Industry With the Lowest Price to Book Ratio (ATW, NE, ESV, RIG, RDC)

By Nick Russo

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 0.22. Noble Corp Plc is next with a a price to book ratio of 0.23. Ensco Plc-Cl A ranks third lowest with a a price to book ratio of 0.33.

Transocean Ltd follows with a a price to book ratio of 0.33, and Rowan Companie-A rounds out the bottom five with a a price to book ratio of 0.36.

SmarTrend recommended that its subscribers protect gains by selling shares of Transocean Ltd on October 18th, 2018 by issuing a Downtrend alert when the shares were trading at $12.46. Since that call, shares of Transocean Ltd have fallen 21.9%. 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 :atw atwood oceanics noble corp plc ensco plc-cl a transocean ltd rowan companie-a

Ticker(s): NE ESV RIG RDC