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/E ratio for TGS ASA (TGS.OL)
P/E ratio as of 2023: 75.78
According to TGS ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.78. At the end of 2022 the company had a P/E ratio of 18.06.
P/E ratio history for TGS ASA from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 75.78 |
| 2022 | 18.06 |
| 2021 | -14.72 |
| 2020 | -9.60 |
| 2019 | 29.08 |
| 2018 | 14.00 |
| 2017 | 32.21 |
| 2016 | 79.72 |
| 2015 | -57.05 |
| 2014 | 10.17 |
| 2013 | 10.04 |
| 2012 | 12.12 |
| 2011 | 13.25 |
| 2010 | 14.88 |
| 2009 | 11.46 |
| 2008 | 4.52 |
| 2007 | 11.01 |
| 2006 | 14.77 |
| 2005 | 18.44 |
| 2004 | 16.88 |
| 2003 | 11.91 |
| 2002 | 6.55 |