Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.
P/B ratio for Transocean Ltd. (RIG)
P/B ratio as of 2023: 0.47
According to Transocean Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.47. At the end of 2022 the company had a P/B ratio of 0.30.
P/B ratio history for Transocean Ltd. from 1992 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.47 |
| 2022 | 0.30 |
| 2021 | 0.16 |
| 2020 | 0.12 |
| 2019 | 0.35 |
| 2018 | 0.25 |
| 2017 | 0.33 |
| 2016 | 0.34 |
| 2015 | 0.31 |
| 2014 | 0.49 |
| 2013 | 1.07 |
| 2012 | 1.01 |
| 2011 | 0.79 |
| 2010 | 1.04 |
| 2009 | 1.29 |
| 2008 | 0.91 |
| 2007 | 2.44 |
| 2006 | 2.59 |
| 2005 | 2.00 |
| 2004 | 1.84 |
| 2003 | 1.07 |
| 2002 | 1.04 |
| 2001 | 0.95 |
| 2000 | 2.49 |
| 1999 | 0.94 |
| 1998 | 1.48 |
| 1997 | 3.23 |
| 1996 | 1.38 |
| 1995 | 0.87 |
| 1994 | 1.57 |
| 1993 | 1.22 |
| 1992 | 3.74 |