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Ocean Rig UDW (Ocean Rig UDW) PB Ratio : 1.15 (As of May. 05, 2024)


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What is Ocean Rig UDW PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-05), Ocean Rig UDW's share price is $27.78. Ocean Rig UDW's Book Value per Share for the quarter that ended in Sep. 2018 was $24.11. Hence, Ocean Rig UDW's PB Ratio of today is 1.15.

The historical rank and industry rank for Ocean Rig UDW's PB Ratio or its related term are showing as below:

ORIG's PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.24
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Ocean Rig UDW PB Ratio Historical Data

The historical data trend for Ocean Rig UDW's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ocean Rig UDW PB Ratio Chart

Ocean Rig UDW Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
PB Ratio
Get a 7-Day Free Trial 0.85 0.39 0.07 13.36 1.11

Ocean Rig UDW Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 1.11 1.02 1.21 1.44

Competitive Comparison of Ocean Rig UDW's PB Ratio

For the Oil & Gas Drilling subindustry, Ocean Rig UDW's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ocean Rig UDW's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Rig UDW's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ocean Rig UDW's PB Ratio falls into.



Ocean Rig UDW PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Ocean Rig UDW's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2018)
=27.78/24.107
=1.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Ocean Rig UDW  (NAS:ORIG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Ocean Rig UDW PB Ratio Related Terms

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Ocean Rig UDW (Ocean Rig UDW) Business Description

Traded in Other Exchanges
N/A
Address
Ocean Rig UDW Inc is an international offshore drilling contractor. It provides oilfield services for offshore oil and gas exploration, development and production drilling and specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company employs drilling units primarily on a day rate basis for periods of between two months and six years to drill wells for its customers, typically major oil companies, integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies.

Ocean Rig UDW (Ocean Rig UDW) Headlines

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