Transocean Ltd.

RIG Energy Oil & Gas Drilling

Transocean Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 12.5% from fiscal 2024.

Revenue
−8.85%
EPS
+101.2%
Free cash flow
−49.4%
Total debt
−19.3%

Quarter to September 2026, against a year earlier

5.14 0.31 −5.69%
Market cap
$5.7B
P/E
20.3×
Fwd P/E
22.1×
Dividend yield
—
F-score
5/9
Altman Z
−0.53
Beneish M
−3.54
Dividend safety
n/a

Transocean Ltd. (RIG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Transocean Ltd. (RIG) trades at a P/B ratio of 0.7×. Over the past ten years it has ranged from 0.0× (October 2020) to 1.0× (May 2026); the current reading is higher than 94% of that period. That is below the Oil & Gas Drilling industry median of 1.2× and below the Energy sector median of 1.4×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 0.5× 57.79%
FY2024 0.3× (32.75%)
FY2023 0.5× 64.69%
FY2022 0.3× 78.33%
FY2021 0.2× 26.33%
FY2020 0.1× (64.99%)
FY2019 0.4× 43.24%
FY2018 0.2× (26.39%)
FY2017 0.3× (5.48%)
FY2016 0.4× 18.83%

Quarterly newest first

Period P/B ratio Change
Sep 2026 0.7× 6.10%
Jun 2026 0.7× (27.10%)
Mar 2026 0.9× 83.54%
Dec 2025 0.5× 31.73%
43 more quarters

Against its own ten years

Low 0.0× High 1.0×
Ten-year median 0.3×
Current reading's percentile 94

P/B ratio against peers

Company P/B ratio
RIG Transocean Ltd. 0.7×
SOC Sable Offshore Corp. compare 0.7×
SDRL Seadrill Limited compare 0.9×
BORR Borr Drilling Limited compare 1.0×
PTEN Patterson-UTI Energy, Inc. compare 1.2×
HP Helmerich & Payne, Inc. compare 1.3×
NE Noble Corporation PLC compare 1.5×
VAL Valaris Limited compare 1.7×
NBR Nabors Industries Ltd. compare 2.5×
Oil & Gas Drilling industry median 1.2×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on RIG