P/E ratio for Transocean (RIG)
P/E ratio as of April 2025 (TTM): -1.38
According to Transocean's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.37805. At the end of 2022 the company had a P/E ratio of -5.07.
P/E ratio history for Transocean from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.07 | 70.72% |
| 2021 | -2.97 | 19.48% |
| 2020 | -2.48 | -25.99% |
| 2019 | -3.36 | 104.56% |
| 2018 | -1.64 | 22.74% |
| 2017 | -1.34 | -119.32% |
| 2016 | 6.92 | 19.62% |
| 2015 | 5.79 | -267.27% |
| 2014 | -3.46 | -127.01% |
| 2013 | 12.8 | -118.06% |
| 2012 | -70.9 | 3207.16% |
| 2011 | -2.14 | -108.91% |
| 2010 | 24.1 | 187% |
| 2009 | 8.38 | 121.89% |
| 2008 | 3.78 | -70.14% |
| 2007 | 12.6 | -50.63% |
| 2006 | 25.6 | -43.47% |
| 2005 | 45.3 | -49.14% |
| 2004 | 89.1 | -84.42% |
| 2003 | 572 | -20263.57% |
| 2002 | -2.84 | -104.81% |
| 2001 | 59.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 5.04 | -465.49% | 🇺🇸 USA |
 | -3.03 | 120.16% | 🇧🇲 Bermuda |
 | 3.55 | -357.34% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.