Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Wallace Rivers who wrote (35316)	1/18/1999 4:09:00 PM
From: Q.	Read Replies (1) of 95453

Wallace, re. historical price/book ratios for SLB, you said <<Ran the numbers for peak price vs. BV of SLB, and, since '87, it was at peak, on average, 4.41 X BV. >> Can you clarify how you computed this? Did you take the peak stock price for each year, divide by that year's closing book value, and then average for each year?

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