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Stampede Drilling (TSXV:SDI) Cyclically Adjusted PB Ratio : 0.48 (As of May. 26, 2024)


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What is Stampede Drilling Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Stampede Drilling's current share price is C$0.23. Stampede Drilling's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.48. Stampede Drilling's Cyclically Adjusted PB Ratio for today is 0.48.

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

TSXV:SDI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.42   Max: 0.84
Current: 0.48

During the past years, Stampede Drilling's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.11. And the median was 0.42.

TSXV:SDI's Cyclically Adjusted PB Ratio is ranked better than
69.88% of 820 companies
in the Oil & Gas industry
Industry Median: 0.98 vs TSXV:SDI: 0.48

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.

Stampede Drilling's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.414. 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 C$0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stampede Drilling Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stampede Drilling'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.

Stampede Drilling Cyclically Adjusted PB Ratio Chart

Stampede Drilling 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 0.37 0.23 0.30 0.60 0.45

Stampede Drilling Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.43 0.52 0.45 0.48

Competitive Comparison of Stampede Drilling's Cyclically Adjusted PB Ratio

For the Oil & Gas Drilling subindustry, Stampede Drilling'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.


Stampede Drilling's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Stampede Drilling's Cyclically Adjusted PB Ratio falls into.



Stampede Drilling 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.

Stampede Drilling's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.23/0.48
=0.48

* 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.

Stampede Drilling's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Stampede Drilling's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.414/126.2576*126.2576
=0.414

Current CPI (Mar. 2024) = 126.2576.

Stampede Drilling Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.762 99.473 0.967
201409 0.816 99.394 1.037
201412 0.831 98.367 1.067
201503 0.801 99.789 1.013
201506 0.743 100.500 0.933
201509 0.598 100.421 0.752
201512 0.559 99.947 0.706
201603 0.536 101.054 0.670
201606 0.495 102.002 0.613
201609 0.462 101.765 0.573
201612 0.428 101.449 0.533
201703 0.408 102.634 0.502
201706 0.377 103.029 0.462
201709 0.352 103.345 0.430
201712 0.298 103.345 0.364
201803 0.308 105.004 0.370
201806 0.297 105.557 0.355
201809 0.291 105.636 0.348
201812 0.276 105.399 0.331
201903 0.292 106.979 0.345
201906 0.283 107.690 0.332
201909 0.278 107.611 0.326
201912 0.277 107.769 0.325
202003 0.286 107.927 0.335
202006 0.272 108.401 0.317
202009 0.261 108.164 0.305
202012 0.248 108.559 0.288
202103 0.268 110.298 0.307
202106 0.267 111.720 0.302
202109 0.270 112.905 0.302
202112 0.274 113.774 0.304
202203 0.311 117.646 0.334
202206 0.308 120.806 0.322
202209 0.316 120.648 0.331
202212 0.336 120.964 0.351
202303 0.346 122.702 0.356
202306 0.348 124.203 0.354
202309 0.376 125.230 0.379
202312 0.390 125.072 0.394
202403 0.414 126.258 0.414

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.


Stampede Drilling  (TSXV:SDI) 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.


Stampede Drilling Cyclically Adjusted PB Ratio Related Terms

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


Stampede Drilling (TSXV:SDI) Business Description

Industry
Traded in Other Exchanges
Address
700 - 9th Avenue SW, Suite 2600, South Tower, Calgary, AB, CAN, T2P 3V4
Stampede Drilling Inc offers oilfield services and drilling services to the oil and natural gas industry in the Western Canadian Sedimentary Basin (WCSB).
Executives
Thane Geoffrey Russell Director
Jeffrey Schab Senior Officer