• Return to Headlines

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

By David Diaz

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 0.26. Ensco Plc-Cl A ranks third lowest with a a price to book ratio of 0.35.

Rowan Companie-A follows with a a price to book ratio of 0.39, and Transocean Ltd rounds out the bottom five with a a price to book ratio of 0.42.

SmarTrend recommended that subscribers consider buying shares of Transocean Ltd on April 10th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $10.37. Since that recommendation, shares of Transocean Ltd have risen 29.1%. We continue to monitor Transocean Ltd for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest price to book ratio :atw atwood oceanics noble corp plc ensco plc-cl a rowan companie-a transocean ltd

Ticker(s): NE ESV RDC RIG