Transocean Ptb Ratio vs Book Value Per Share Analysis

RIG Stock  USD 3.43  0.06  1.78%   
Transocean financial indicator trend analysis is much more than just breaking down Transocean prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transocean is a good investment. Please check the relationship between Transocean Ptb Ratio and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.

Ptb Ratio vs Book Value Per Share

Ptb Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transocean Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Transocean's Ptb Ratio and Book Value Per Share is -0.25. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Transocean, assuming nothing else is changed. The correlation between historical values of Transocean's Ptb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Transocean are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., Transocean's Ptb Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Transocean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transocean current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.At this time, Transocean's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Transocean's current Enterprise Value Multiple is estimated to increase to 17.81, while Tax Provision is forecasted to increase to (10.4 M).
 2022 2023 2024 2025 (projected)
Gross Profit1.8B2.1B2.8B2.9B
Total Revenue2.6B2.8B3.5B4.7B

Transocean fundamental ratios Correlations

0.970.790.830.970.940.830.560.770.840.990.650.830.81-0.040.970.90.440.080.970.730.90.660.660.590.54
0.970.780.820.90.910.910.430.740.780.970.720.770.760.040.990.830.420.170.980.730.850.590.590.630.56
0.790.780.980.650.560.520.650.940.870.70.770.860.94-0.330.760.690.38-0.390.870.320.920.850.850.710.83
0.830.820.980.70.640.60.610.920.850.760.780.830.95-0.230.790.750.39-0.330.90.420.920.860.860.810.74
0.970.90.650.70.960.770.560.650.780.970.490.770.710.010.910.890.440.170.880.770.840.560.560.460.38
0.940.910.560.640.960.870.430.570.680.970.480.670.630.10.920.90.320.310.870.860.740.490.490.450.27
0.830.910.520.60.770.870.10.540.470.890.670.460.530.320.90.730.360.440.840.820.570.380.380.50.35
0.560.430.650.610.560.430.10.580.830.460.130.820.7-0.790.450.610.04-0.590.530.050.770.730.730.360.54
0.770.740.940.920.650.570.540.580.760.70.720.740.96-0.230.740.750.46-0.380.840.370.860.880.880.560.78
0.840.780.870.850.780.680.470.830.760.750.541.00.81-0.480.790.720.27-0.280.850.350.970.730.730.570.7
0.990.970.70.760.970.970.890.460.70.750.630.740.730.080.970.890.430.220.950.810.820.580.580.550.46
0.650.720.770.780.490.480.670.130.720.540.630.530.630.140.690.450.370.090.760.50.610.50.50.660.71
0.830.770.860.830.770.670.460.820.741.00.740.530.79-0.480.780.70.26-0.260.830.350.960.70.70.540.68
0.810.760.940.950.710.630.530.70.960.810.730.630.79-0.30.740.830.41-0.450.850.360.920.930.930.680.69
-0.040.04-0.33-0.230.010.10.32-0.79-0.23-0.480.080.14-0.48-0.30.01-0.090.380.73-0.070.42-0.34-0.45-0.45-0.08-0.42
0.970.990.760.790.910.920.90.450.740.790.970.690.780.740.010.840.420.180.980.730.850.580.580.550.57
0.90.830.690.750.890.90.730.610.750.720.890.450.70.83-0.090.840.34-0.040.850.690.820.750.750.480.35
0.440.420.380.390.440.320.360.040.460.270.430.370.260.410.380.420.340.070.430.220.430.210.210.190.37
0.080.17-0.39-0.330.170.310.44-0.59-0.38-0.280.220.09-0.26-0.450.730.18-0.040.070.020.59-0.28-0.59-0.59-0.25-0.38
0.970.980.870.90.880.870.840.530.840.850.950.760.830.85-0.070.980.850.430.020.660.910.710.710.660.66
0.730.730.320.420.770.860.820.050.370.350.810.50.350.360.420.730.690.220.590.660.420.250.250.330.06
0.90.850.920.920.840.740.570.770.860.970.820.610.960.92-0.340.850.820.43-0.280.910.420.80.80.630.69
0.660.590.850.860.560.490.380.730.880.730.580.50.70.93-0.450.580.750.21-0.590.710.250.81.00.630.63
0.660.590.850.860.560.490.380.730.880.730.580.50.70.93-0.450.580.750.21-0.590.710.250.81.00.630.63
0.590.630.710.810.460.450.50.360.560.570.550.660.540.68-0.080.550.480.19-0.250.660.330.630.630.630.45
0.540.560.830.740.380.270.350.540.780.70.460.710.680.69-0.420.570.350.37-0.380.660.060.690.630.630.45
Click cells to compare fundamentals

Transocean Account Relationship Matchups

Transocean fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets21.8B20.7B20.4B20.3B19.4B20.1B
Short Long Term Debt Total8.4B7.2B7.7B7.9B7.2B7.3B
Other Current Liab415M414M434M461M406M673.9M
Total Current Liabilities1.4B1.3B1.6B1.4B1.7B2.1B
Total Stockholder Equity11.4B11.2B10.8B10.4B10.3B10.6B
Property Plant And Equipment Net17.7B17.1B17.5B16.9B15.8B14.0B
Net Debt7.2B6.2B6.7B7.1B6.7B5.6B
Retained Earnings(1.9B)(2.5B)(3.1B)(4.0B)(4.5B)(4.3B)
Accounts Payable194M228M281M323M255M410.0M
Cash1.2B976M683M762M560M532M
Non Current Assets Total19.1B18.2B18.4B18.1B16.9B16.9B
Non Currrent Assets Other891M902M836M923M920M661.8M
Cash And Short Term Investments1.2B976M683M995M560M532M
Net Receivables583M492M485M512M567M1.0B
Common Stock Shares Outstanding615M637M699M768M925M971.3M
Liabilities And Stockholders Equity21.8B20.7B20.4B20.3B19.4B20.1B
Non Current Liabilities Total9.0B8.2B8.1B8.4B7.4B7.4B
Inventory434M392M388M426M439M348.3M
Other Current Assets569M584M144M193M1.3B1.4B
Other Stockholder Equity13.5B13.7B14.0B14.5B14.9B8.6B
Total Liab10.4B9.5B9.6B9.8B9.1B9.5B
Property Plant And Equipment Gross17.7B23.2B24.2B23.9B22.4B14.9B
Total Current Assets2.7B2.4B2.0B2.1B2.5B3.2B
Accumulated Other Comprehensive Income(263M)(84M)(185M)(177M)(138M)(144.9M)
Common Stock60M64M71M81M87M82.7M
Short Term Debt550M561M719M425M740M898.3M
Intangible Assets795M608M393M173M56M4M
Other Liab1.3B1.7B1.5B1.0B1.2B1.3B
Other Assets1.0B966M903M967M965M714.5M
Long Term Debt7.3B6.7B6.6B7.0B6.2B7.9B
Property Plant Equipment17.7B17.1B17.5B16.9B15.8B17.9B
Current Deferred Revenue133M83M124M165M231M166.4M
Net Tangible Assets11.3B11.0B11.0B10.7B9.7B10.6B
Retained Earnings Total Equity(1.3B)(1.9B)(2.5B)(3.1B)(2.8B)(2.6B)
Long Term Debt Total7.3B6.7B7.0B7.3B6.4B6.3B
Capital Surpluse13.5B13.7B14.0B14.5B14.9B11.5B

Currently Active Assets on Macroaxis

When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transocean. If investors know Transocean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.88)
Revenue Per Share
4.302
Quarterly Revenue Growth
0.148
Return On Assets
0.0175
Return On Equity
(0.15)
The market value of Transocean is measured differently than its book value, which is the value of Transocean that is recorded on the company's balance sheet. Investors also form their own opinion of Transocean's value that differs from its market value or its book value, called intrinsic value, which is Transocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transocean's market value can be influenced by many factors that don't directly affect Transocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.