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ValarisVAL +0.99%60 Price-to-Tangible-Book is 1.86 as of Aug. 30, 2026. GuruFocus rates VAL with a GF Score™ of 60/100 and a GF Value™ of $73.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 888 Oil & Gas companies, Valaris ranks worse than 57.55% on this metric.
As of today (2026-08-30), Valaris's share price is $86.29. Valaris's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $46.51. Hence, Valaris's Price to Tangible Book Ratio of today is 1.86.
The historical rank and industry rank for Valaris's Price-to-Tangible-Book or its related term are showing as below:
VAL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.1 Med: 2.5 Max: 4.63
Current: 1.86
During the past 7 years, Valaris's highest Price to Tangible Book Ratio was 4.63. The lowest was 1.10. And the median was 2.50.
VAL's Price-to-Tangible-Book is ranked worse than 57.55% of 888
companies
in the Oil & Gas industry
Industry Median: 1.58
vs VAL: 1.86
A closely related ratio is called PB Ratio. As of today, Valaris's share price is $86.29. Valaris's Book Value per Sharefor the quarter that ended in Jun. 2026 was $46.51. Hence, Valaris's P/B Ratio of today is 1.86.
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.
Valaris Price-to-Tangible-Book Related Terms
Valaris Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Valaris'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.
VAL vs RIG, NE, PTEN: Price-to-Tangible-Book Comparison
For the Oil & Gas Drilling subindustry, Valaris'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.
Valaris Price-to-Tangible-Book vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Valaris's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Valaris's Price-to-Tangible-Book falls into.
* 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 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.
Valaris (VAL) has a Price-to-Tangible-Book of 1.86 as of Aug. 30, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Valaris and its competitors. According to the industry distribution chart, Valaris ranks #511 out of 888 companies in the Oil & Gas industry, placing it in the top 57.5%.
Is Valaris' Price-to-Tangible-Book too high?
Valaris' current Price-to-Tangible-Book is 1.86. The Oil & Gas industry median Price-to-Tangible-Book is 1.58. Valaris' value of 1.86 is 17.7% above this industry median. Based on the distribution chart, Valaris ranks #511 out of 888 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Valaris has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valaris' Price-to-Tangible-Book compare to RIG and NE?
According to the Oil & Gas industry distribution chart, Valaris ranks #511 out of 888 companies for Price-to-Tangible-Book. This places Valaris in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.58. Valaris' value of 1.86 is 17.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Oil & Gas company?
The median Price-to-Tangible-Book among Oil & Gas companies is 1.58, based on 888 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Valaris's current Price-to-Tangible-Book of 1.86 is 17.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Valaris and its competitors. For the Oil & Gas industry, the median Price-to-Tangible-Book is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valaris's current Price-to-Tangible-Book is 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valaris stock overvalued right now?
Based on GuruFocus' analysis, Valaris (VAL) is currently considered Modestly Overvalued. The stock's GF Value™ is $73.19, compared to a current price of $86.29 — trading 17.9% above its estimated fair value. The current Price-to-Tangible-Book is 1.86 and 17.7% above the Oil & Gas industry median of 1.58. Valaris' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Valaris (VAL), the current Price-to-Tangible-Book is 1.86 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Valaris (VAL) Overvalued in 2026?
Based on GuruFocus' analysis, Valaris stock appears to be overvalued.
The current stock price of $86.29 is trading 17.9% above its estimated GF Value™ of $73.19.
GuruFocus considers Valaris to be Modestly Overvalued.
Key valuation signals for VAL:
Price-to-Tangible-Book: 1.86
GF Value™: $73.19 vs. price of $86.29 (17.9% above fair value)
Industry Position: 17.7% above the Oil & Gas median (#511 of 888)
No single metric tells the full story. See the VAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Valaris Ltd is an offshore contract drilling company. The company provides offshore contract drilling services to the international oil and gas industry with operations in almost every offshore market across six continents. Its business consists of four operating segments: Floaters, which includes drillships and semisubmersible rigs; Jackups; ARO; and Other, which consists of management services on rigs owned by third parties. It generates the majority of its revenue from the Floaters segment.
60GF Score
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