PGS ASA Financials
| PGS Stock | NOK 8.92 0.24 2.76% |
PGS |
Understanding current and past PGS ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of PGS ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in PGS ASA's assets may result in an increase in income on the income statement.
The data published in PGS ASA's official financial statements typically reflect PGS ASA's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving PGS ASA's quantitative information. For example, before you start analyzing numbers published by PGS accountants, it’s essential to understand PGS ASA's liquidity, profitability, and earnings quality within the context of the Energy Equipment & Services space in which it operates.
PGS ASA Stock Summary
PGS ASA competes with Odfjell Drilling, Siem Offshore, Solstad Offsho, Reach Subsea, and Eidesvik Offshore. It offers a range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation to oil and gas companies. PGS ASA was founded in 1991 and is headquartered in Oslo, Norway. PGS ASA operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 1258 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010199151 |
| Business Address | Lilleakerveien 4C, Oslo, |
| Sector | Energy Equipment & Services |
| Industry | Energy |
| Benchmark | NYSE Composite |
| Website | www.pgs.com |
| Phone | 47 67 52 64 00 |
| Currency | NOK - Kroner |
You should never invest in PGS ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of PGS Stock, because this is throwing your money away. Analyzing the key information contained in PGS ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
PGS ASA Key Financial Ratios
There are many critical financial ratios that PGS ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that PGS ASA reports annually and quarterly.| Return On Equity | -0.0868 | |||
| Return On Asset | 0.077 | |||
| Target Price | 8.91 | |||
| Number Of Employees | 930 | |||
| Beta | 2.57 |
PGS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PGS ASA's current stock value. Our valuation model uses many indicators to compare PGS ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PGS ASA competition to find correlations between indicators driving PGS ASA's intrinsic value. More Info.PGS ASA is regarded fourth in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PGS ASA's earnings, one of the primary drivers of an investment's value.PGS ASA Systematic Risk
PGS ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PGS ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on PGS ASA correlated with the market. If Beta is less than 0 PGS ASA generally moves in the opposite direction as compared to the market. If PGS ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PGS ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PGS ASA is generally in the same direction as the market. If Beta > 1 PGS ASA moves generally in the same direction as, but more than the movement of the benchmark.
PGS ASA June 10, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of PGS ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PGS ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of PGS ASA based on widely used predictive technical indicators. In general, we focus on analyzing PGS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PGS ASA's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.1935 | |||
| Maximum Drawdown | 17.19 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 4.02 |
Other Information on Investing in PGS Stock
PGS ASA financial ratios help investors to determine whether PGS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PGS with respect to the benefits of owning PGS ASA security.