TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical multi-client data, including seismic data; and geophysical library, such as gravity, magnetic, seep, geothermal, controlled source electromagnetic, and multibeam data. It also provides geological services comprising digital well logs; and interpretation products and data integration solutions. In addition, the company offers imaging services, which include depth and time imaging; marine, land, and ocean bottom cables and nodes; anisotropic imaging; transition zone processing; multi component processing; shear wave; and 4D time-lapse, as well as wide azimuth data processing. Further, it provides data and analytics solutions; and PRIMA, a multifunction exploration software suite. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.
P/B ratio for TGS ASA (TGS.OL)
P/B ratio as of 2023: 1.29
According to TGS ASA's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.29. At the end of 2022 the company had a P/B ratio of 1.28.
P/B ratio history for TGS ASA from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.29 |
| 2022 | 1.28 |
| 2021 | 1.00 |
| 2020 | 1.43 |
| 2019 | 2.13 |
| 2018 | 2.00 |
| 2017 | 2.03 |
| 2016 | 1.92 |
| 2015 | 1.35 |
| 2014 | 1.64 |
| 2013 | 2.09 |
| 2012 | 2.95 |
| 2011 | 2.32 |
| 2010 | 2.55 |
| 2009 | 2.22 |
| 2008 | 0.78 |
| 2007 | 2.62 |
| 2006 | 4.67 |
| 2005 | 15.12 |
| 2004 | 10.69 |
| 2003 | 1.73 |
| 2002 | 1.17 |