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China Oilfield Services Ltd
OTC:CHOLF

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China Oilfield Services Ltd
OTC:CHOLF
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Price: 1.23 USD Market Closed
Market Cap: $9.2B

P/B

1.6
Current
7%
Cheaper
vs 3-y average of 1.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.6
=
Market Cap
$72.6B
/
Total Equity
¥46.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.6
=
Market Cap
$72.6B
/
Total Equity
¥46.6B

Valuation Scenarios

China Oilfield Services Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.7), the stock would be worth $1.32 (7% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+58%
Average Upside
33%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.6 $1.23
0%
3-Year Average 1.7 $1.32
+7%
5-Year Average 1.7 $1.36
+11%
Industry Average 2.5 $1.94
+58%
Country Average 2.4 $1.93
+57%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
CN
China Oilfield Services Ltd
OTC:CHOLF
Average P/E: 21
18.9
10%
1.9
US
Noble Corp (Cayman Island)
NYSE:NE
36.3
39%
0.9
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -2.3 N/A N/A
BM
Valaris Ltd
NYSE:VAL
6.4
-28%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
26.8
17%
1.6
US
Noble Corporation PLC
CSE:NOBLE
22.7
39%
0.6
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -45.9 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
Negative Multiple: -12.1 N/A N/A
BM
Seadrill Ltd
NYSE:SDRL
Negative Multiple: -39 N/A N/A
SA
A
Arabian Drilling Co
SAU:2381
Negative Multiple: -143.1 N/A N/A
UK
Odfjell Drilling Ltd
OTC:ODFJF
14.6
13%
1.1

Market Distribution

Lower than 99% of companies in China
Percentile
1st
Based on 7 605 companies
1st percentile
0.1
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

China Oilfield Services Ltd
Glance View

Market Cap
9.2B USD
Industry
N/A

In the expansive energy landscape, China Oilfield Services Ltd. (COSL) emerges as a crucial player, orchestrating a symphony of exploration and production services that power economies across Asia and beyond. Established as a subsidiary of China National Offshore Oil Corporation (CNOOC), COSL has crafted a robust identity rooted in engineering expertise and operational prowess. The company operates a diversified portfolio encompassing an array of services such as seismic data acquisition, drilling services, logging, and well testing. Through its arsenal of offshore drilling rigs and a fleet of support vessels, COSL navigates the oceans to serve national and international oil giants. These operations fuel the company’s revenue streams, leveraging advanced technology to improve efficiency and reduce costs—a necessity in the volatile world of fossil fuel extraction. Moreover, COSL has steadily expanded its geographical footprint, spreading its operations from the bustling East China Sea to the formidable waters of the North Sea and Gulf of Mexico. By focusing on innovation and leveraging long-term strategic partnerships, COSL continually enhances its service offerings, adapting to the evolving demands of the energy sector. As the world gradually contemplates a transition to cleaner energy, COSL’s adaptability remains crucial, ensuring it continues to seize opportunities in the dynamic oil services market. By balancing its deep-seated traditional practices with forward-thinking strategies, China Oilfield Services Ltd. plots its course in an uncertain energy future, driven by a commitment to excellence and a vision for sustaining growth.

CHOLF Intrinsic Value
1.26 USD
Undervaluation 3%
Intrinsic Value
Price $1.23
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