Transocean Partners LLC (Transocean Partners LLC) Price-to-Tangible-Book : 0.94 (As of May. 05, 2024)

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What is Transocean Partners LLC Price-to-Tangible-Book?

As of today (2024-05-05), Transocean Partners LLC's share price is $17.83. Transocean Partners LLC's Tangible Book per Share of Sep. 2016 for the quarter that ended in Sep. 2016 was $19.01. Hence, Transocean Partners LLC's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for Transocean Partners LLC's Price-to-Tangible-Book or its related term are showing as below:

RIGP's Price-to-Tangible-Book is not ranked ^*
in the Oil & Gas industry.
Industry Median: 1.32
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Transocean Partners LLC's share price is $17.83. Transocean Partners LLC's Book Value per Sharefor the quarter that ended in Sep. 2016 was $19.01. Hence, Transocean Partners LLC's P/B Ratio of today is 0.94.

Transocean Partners LLC Price-to-Tangible-Book Historical Data

The historical data trend for Transocean Partners LLC's Price-to-Tangible-Book 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.

Transocean Partners LLC Price-to-Tangible-Book Chart

Transocean Partners LLC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Price-to-Tangible-Book

0.96

0.48

Transocean Partners LLC Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Price-to-Tangible-Book	Get a 7-Day Free Trial											0.53	0.48	0.48	0.67	0.65

Competitive Comparison of Transocean Partners LLC's Price-to-Tangible-Book

For the Oil & Gas Drilling subindustry, Transocean Partners LLC's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Transocean Partners LLC's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transocean Partners LLC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Transocean Partners LLC's Price-to-Tangible-Book falls into.

Transocean Partners LLC Price-to-Tangible-Book Calculation

Transocean Partners LLC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2016 )
	=	17.83	/	19.007
	=	0.94

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Transocean Partners LLC Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Transocean Partners LLC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Transocean Partners LLC (Transocean Partners LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transocean Partners LLC (NYSE:RIGP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.transoceanpartners.com

Transocean Partners LLC was formed on February 6, 2014, to own, operate and acquire modern, technologically advanced offshore drilling rigs. The Company's drilling units in the fleet are currently located in the United States, Gulf of Mexico. Its initial assets consists of approximately 51 percent interest in the RigCos that own and operate three ultra-deepwater drilling rigs operating in the U.S. Gulf of Mexico. The Company's drilling rigs operate under the long-term contracts with the Chevron and BP.

Executives

Kathleen S Mcallister	director, officer: President, CEO and CFO	DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Norman J Szydlowski	director	6120 S. YALE, SUITE 700, TULSA OK 74136
Brady K Long	director	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Mark-anthony Lovell Mey	director	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Glyn Anthony Barker	director	10 CHEMIN DE BLANDONNET, VERNIER, GENEVA V8 1214
Samuel J. Merksamer	director	C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, 47TH FLOOR, NEW YORK NY 10153
Esa Ikaheimonen	director	10 CHEMIN DE GLANDONNET, GENEVA V8 1214

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