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Transocean (RIG, Drilling contractors) Stock Valuation & Fair Value Significantly overvalued

Transocean (RIG, Drilling contractors) trades at a current P/E of 30.8, about 97% above its historical normal valuation, with a forward growth estimate of 43.4% and a PEG of 0.71. Analysts' one-year estimates have been hit 18% of the time. Priced at its historical normal P/E of 15.6 on the same blended earnings, the 2026-10-09 close of $5.51 corresponds to about $2.79 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-10-12
Current P/E
30.8
Normal P/E
15.6
PEG
0.71
Fwd growth
43.4%
Div yield
0.0%
RSI (14)
53.7
Neutral
Technical context
  • Price $5.60 at the 2026-10-12 close, 2.8% above the 20-day average ($5.45) and level with the 50-day ($5.60).
  • RSI (14) at 53.7.
  • 52-week range $3.12 to $7.58: the price is 26.1% below the high and 79.5% above the low.

The Street vs SeerForecast

Wall Street's mean price target for RIG is $6.55 across 12 analysts, 17.0% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-06-14.

Current P/E and rating by weekCurrent P/E moved from 73.2 to 30.8 between 2026-06-12 and 2026-10-09, against a normal P/E of 15.6, with 0 rating changes over 37 recorded weeks.2026-06-12: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-06-142026-06-16: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-06-162026-06-18: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-06-212026-07-02: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-07-022026-07-06: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-07-062026-07-09: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-07-092026-07-10: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-07-122026-07-13: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-07-132026-07-14: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-07-142026-07-20: P/E 73.2, Significantly overvalued, recalculated for the week of 2026-07-202026-07-22: P/E 71.6, Significantly overvalued, recalculated for the week of 2026-07-222026-07-24: P/E 71.6, Significantly overvalued, recalculated for the week of 2026-07-252026-07-27: P/E 71.6, Significantly overvalued, recalculated for the week of 2026-07-272026-07-31: P/E 71.6, Significantly overvalued, recalculated for the week of 2026-07-312026-07-31: P/E 71.1, Significantly overvalued, recorded live 2026-08-032026-08-07: P/E 71.1, Significantly overvalued, recalculated for the week of 2026-08-072026-08-07: P/E 43.5, Significantly overvalued, recorded live 2026-08-102026-08-14: P/E 43.5, Significantly overvalued, recalculated for the week of 2026-08-142026-08-14: P/E 43.4, Significantly overvalued, recorded live 2026-08-172026-08-21: P/E 43.4, Significantly overvalued, recalculated for the week of 2026-08-212026-08-21: P/E 40.3, Significantly overvalued, recorded live 2026-08-242026-08-27: P/E 40.3, Significantly overvalued, recalculated for the week of 2026-08-272026-08-28: P/E 40.3, Significantly overvalued, recalculated for the week of 2026-08-282026-08-28: P/E 40.3, Significantly overvalued, recalculated for the week of 2026-08-302026-08-28: P/E 36.6, Significantly overvalued, recorded live 2026-08-312026-09-04: P/E 36.6, Significantly overvalued, recalculated for the week of 2026-09-052026-09-04: P/E 36.1, Significantly overvalued, recorded live 2026-09-072026-09-11: P/E 36.1, Significantly overvalued, recalculated for the week of 2026-09-122026-09-11: P/E 34.3, Significantly overvalued, recorded live 2026-09-142026-09-18: P/E 34.3, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 33.4, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 33.4, Significantly overvalued, recalculated for the week of 2026-09-262026-09-25: P/E 31.2, Significantly overvalued, recorded live 2026-09-282026-10-02: P/E 31.2, Significantly overvalued, recalculated for the week of 2026-10-032026-10-02: P/E 29.4, Significantly overvalued, recorded live 2026-10-052026-10-09: P/E 29.4, Significantly overvalued, recalculated for the week of 2026-10-102026-10-09: P/E 30.8, Significantly overvalued, recorded live 2026-10-1220.040.060.0Jun 12Jul 12Aug 11Sep 9Oct 9Normal P/E 15.6
Significantly overvalued

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-06-14P/E 73.2+370%Significantly overvalued (recalculated)
2026-10-05P/E 29.4+89%Significantly overvalued
2026-10-12P/E 30.8+97%Significantly overvalued ← now
Show all 37 weeks
WeekCurrent P/EPremium to normal P/ERating
2026-06-14P/E 73.2+370%Significantly overvalued (recalculated)
2026-06-16P/E 73.2+370%Significantly overvalued (recalculated)
2026-06-21P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-02P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-06P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-09P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-12P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-13P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-14P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-20P/E 73.2+370%Significantly overvalued (recalculated)
2026-07-22P/E 71.6+359%Significantly overvalued (recalculated)
2026-07-25P/E 71.6+359%Significantly overvalued (recalculated)
2026-07-27P/E 71.6+359%Significantly overvalued (recalculated)
2026-07-31P/E 71.6+359%Significantly overvalued (recalculated)
2026-08-03P/E 71.1+356%Significantly overvalued
2026-08-07P/E 71.1+356%Significantly overvalued (recalculated)
2026-08-10P/E 43.5+179%Significantly overvalued
2026-08-14P/E 43.5+179%Significantly overvalued (recalculated)
2026-08-17P/E 43.4+178%Significantly overvalued
2026-08-21P/E 43.4+178%Significantly overvalued (recalculated)
2026-08-24P/E 40.3+159%Significantly overvalued
2026-08-27P/E 40.3+159%Significantly overvalued (recalculated)
2026-08-28P/E 40.3+159%Significantly overvalued (recalculated)
2026-08-30P/E 40.3+159%Significantly overvalued (recalculated)
2026-08-31P/E 36.6+135%Significantly overvalued
2026-09-05P/E 36.6+135%Significantly overvalued (recalculated)
2026-09-07P/E 36.1+132%Significantly overvalued
2026-09-12P/E 36.1+132%Significantly overvalued (recalculated)
2026-09-14P/E 34.3+120%Significantly overvalued
2026-09-19P/E 34.3+120%Significantly overvalued (recalculated)
2026-09-21P/E 33.4+115%Significantly overvalued
2026-09-26P/E 33.4+115%Significantly overvalued (recalculated)
2026-09-28P/E 31.2+101%Significantly overvalued
2026-10-03P/E 31.2+101%Significantly overvalued (recalculated)
2026-10-05P/E 29.4+89%Significantly overvalued
2026-10-10P/E 29.4+89%Significantly overvalued (recalculated)
2026-10-12P/E 30.8+97%Significantly overvalued ← now

Frequently asked questions

Is Transocean stock overvalued?

At a current P/E of 30.8 versus its historical normal P/E of 15.6, Transocean trades about 97% above its typical valuation, with a PEG of 0.71 on 43.4% forward growth. tickerseer currently rates it significantly overvalued.

What is Transocean's fair value and PEG?

Transocean trades at a current P/E of 30.8 against a historical normal P/E of 15.6, a PEG of 0.71, and a forward growth estimate of 43.4%. Priced at its historical normal P/E of 15.6 on the same blended earnings, the 2026-10-09 close of $5.51 corresponds to about $2.79 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Transocean changed?

tickerseer's rating has been significantly overvalued since 2026-06-14.

What is the analyst price target for Transocean?

The mean Wall Street price target for Transocean is $6.55 across 12 analysts, 17.0% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Drilling contractors. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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