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

Noble ranks lowest with a a price to book ratio of 0.16. Following is Atwood Oceanics with a a price to book ratio of 0.18. Transocean ranks third lowest with a a price to book ratio of 0.21.

ENSCO International follows with a a price to book ratio of 0.21, and Rowan rounds out the bottom five with a a price to book ratio of 0.30.

SmarTrend recommended that its subscribers protect gains by selling shares of ENSCO International on February 8th, 2017 by issuing a Downtrend alert when the shares were trading at $9.91. Since that call, shares of ENSCO International have fallen 42.4%. 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 Noble atwood oceanics Transocean ensco international rowan

Ticker(s): NE ATW RIG ESV RDC