Transocean (RIG)
(Delayed Data from NYSE)
$5.57 USD
+0.20 (3.72%)
Updated May 3, 2024 04:00 PM ET
After-Market: $5.54 -0.03 (-0.54%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth F Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
RIG 5.57 +0.20(3.72%)
Will RIG be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for RIG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RIG
Transocean (RIG) Q1 Loss Narrower Than Expected, Revenues Miss
Transocean (RIG) Reports Q1 Loss, Misses Revenue Estimates
RIG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Transocean (RIG) to Support Equinor's Barents Sea Endeavours
Transocean (RIG) Prolongs Its Stay With Hess and TotalEnergies
Nabors Industries (NBR) Reports Q1 Loss, Tops Revenue Estimates
Other News for RIG
Transocean Breaks $500k Dayrates, But Several Issues Linger
Analysts Offer Insights on Energy Companies: Transocean (RIG), Tenaris SA (TS) and APA (APA)
Transocean: Stock Sells Off On Underwhelming Results And Guidance - Hold
Transocean Ltd. Announces Consent Solicitation for 8.375% Senior Secured Notes due 2028
Why H&E Equipment Services Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session