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Dawson Geophysical Co (Dawson Geophysical Co) Cyclically Adjusted PB Ratio : 0.23 (As of Apr. 29, 2024)


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What is Dawson Geophysical Co Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Dawson Geophysical Co's current share price is $1.63. Dawson Geophysical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.15. Dawson Geophysical Co's Cyclically Adjusted PB Ratio for today is 0.23.

The historical rank and industry rank for Dawson Geophysical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

DWSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.4   Max: 4.69
Current: 0.23

During the past years, Dawson Geophysical Co's highest Cyclically Adjusted PB Ratio was 4.69. The lowest was 0.11. And the median was 0.40.

DWSN's Cyclically Adjusted PB Ratio is ranked better than
83.64% of 813 companies
in the Oil & Gas industry
Industry Median: 1.02 vs DWSN: 0.23

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Dawson Geophysical Co's adjusted book value per share data for the three months ended in Dec. 2023 was $1.020. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $7.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dawson Geophysical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dawson Geophysical Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dawson Geophysical Co Cyclically Adjusted PB Ratio Chart

Dawson Geophysical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.24 0.27 0.24 0.26

Dawson Geophysical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.20 0.26 0.31 0.26

Competitive Comparison of Dawson Geophysical Co's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Dawson Geophysical Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dawson Geophysical Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dawson Geophysical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dawson Geophysical Co's Cyclically Adjusted PB Ratio falls into.



Dawson Geophysical Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Dawson Geophysical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.63/7.15
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dawson Geophysical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dawson Geophysical Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.02/129.4194*129.4194
=1.020

Current CPI (Dec. 2023) = 129.4194.

Dawson Geophysical Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.295 99.695 12.066
201406 9.008 100.560 11.593
201409 8.272 100.428 10.660
201412 22.899 99.070 29.914
201503 10.153 99.621 13.190
201506 9.647 100.684 12.400
201509 9.483 100.392 12.225
201512 9.255 99.792 12.003
201603 8.910 100.470 11.477
201606 8.386 101.688 10.673
201609 7.844 101.861 9.966
201612 7.515 101.863 9.548
201703 7.119 102.862 8.957
201706 6.481 103.349 8.116
201709 6.383 104.136 7.933
201712 6.177 104.011 7.686
201803 5.803 105.290 7.133
201806 5.842 106.317 7.111
201809 5.634 106.507 6.846
201812 5.094 105.998 6.220
201903 5.060 107.251 6.106
201906 4.584 108.070 5.490
201909 4.671 108.329 5.580
201912 4.430 108.420 5.288
202003 4.430 108.902 5.265
202006 4.519 108.767 5.377
202009 4.180 109.815 4.926
202012 3.875 109.897 4.563
202103 3.665 111.754 4.244
202106 3.269 114.631 3.691
202109 2.927 115.734 3.273
202112 2.642 117.630 2.907
202203 2.527 121.301 2.696
202206 2.190 125.017 2.267
202209 1.836 125.227 1.897
202212 2.050 125.222 2.119
202303 1.325 127.348 1.347
202306 1.158 128.729 1.164
202309 1.084 129.860 1.080
202312 1.020 129.419 1.020

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Dawson Geophysical Co  (NAS:DWSN) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Dawson Geophysical Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Dawson Geophysical Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dawson Geophysical Co (Dawson Geophysical Co) Business Description

Industry
Traded in Other Exchanges
Address
508 West Wall, Suite 800, Midland, TX, USA, 79701
Dawson Geophysical Co is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada. The company acquires and processes 2 D, 3 D, and multi-component seismic data for clients, ranging from oil and gas companies to independent oil and gas operators for use in the onshore drilling and production of oil and natural gas as well as provides multi-client data libraries. It operates through a single segment being Contract seismic data acquisition and processing services. In addition, the company provides multi-component seismic data surveys which involve the recording of alternative seismic waves. Geographically, it generates maximum revenue from the United States.
Executives
William Anthony Clark officer: EVP & Chief Business Officer 13927 S. GESSNER RD, MISSOURI CITY TX 77489
Wilks Brothers, Llc 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Bruce Franklin Bradley director 3815 BRADLEY LANE, CHEVY CHASE MD 20815
Wb Acquisitions Inc. 10 percent owner 17010 INTERSTATE HIGHWAY 20, CISCO TX 76437
Matthew Wilks director 17010 IH-20, CISCO TX 76437
Staci Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Sergei Krylov director 6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
C Ray Tobias officer: EVP, Chief Operating Officer 508 WEST WALL SUITE 800, MIDLAND TX 79701
Stephen C Jumper director, officer: President and CEO 508 WEST WALL, SUITE 800, MIDLAND TX 79701
James W Thomas officer: EVP, Chief Technical Officer 508 W WALL, SUITE 800, MIDLAND TX 79701
William J Barrett director 210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas director 64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Allen T Mcinnes director, 10 percent owner, officer: Chairman of the Board & Secy. 4532 7TH STREET, LUBBOCK TX 79416