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 (2022-08-18), Diamond Offshore Drilling's share price is $6.89. Diamond Offshore Drilling's Book Value per Share for the quarter that ended in Mar. 2022 was $7.37. Hence, Diamond Offshore Drilling's PB Ratio of today is 0.93.
The historical rank and industry rank for Diamond Offshore Drilling's PB Ratio or its related term are showing as below:
DO'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.36
Current: 0.92
During the past 0 years, Diamond Offshore Drilling's highest PB Ratio was 1.36. The lowest was 0.00. And the median was 0.00.
DO's PB Ratio is ranked better than 67.84% of 992
companies
in the Oil & Gas industry
Industry Median: 1.36
vs DO: 0.92
Back to Basics: PB Ratio
Diamond Offshore Drilling PB Ratio Historical Data
The historical data trend for Diamond Offshore Drilling'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.
Diamond Offshore Drilling Annual Data
Trend
PB Ratio
Diamond Offshore Drilling Semi-Annual Data
Mar21
Mar22
PB Ratio
-
-
Competitive Comparison
For the Oil & Gas Drilling subindustry, Diamond Offshore Drilling'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.
Diamond Offshore Drilling PB Ratio Distribution
For the Oil & Gas industry and Energy sector, Diamond Offshore Drilling's PB Ratio distribution charts can be found below:
* The bar in red indicates where Diamond Offshore Drilling's PB Ratio falls into.
Diamond Offshore Drilling 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.
Diamond Offshore Drilling's PB Ratio for today is calculated as follows:
* 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.
Diamond Offshore Drilling (NYSE:DO) PB Ratio Explanation
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.
Diamond Offshore Drilling PB Ratio Related Terms
Thank you for viewing the detailed overview of Diamond Offshore Drilling's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.
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