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Pulse Seismic (Pulse Seismic) Cyclically Adjusted PB Ratio : 2.68 (As of Apr. 28, 2024)


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What is Pulse Seismic Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Pulse Seismic's current share price is $1.605. Pulse Seismic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.60. Pulse Seismic's Cyclically Adjusted PB Ratio for today is 2.68.

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

PLSDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.03   Max: 3.05
Current: 2.75

During the past years, Pulse Seismic's highest Cyclically Adjusted PB Ratio was 3.05. The lowest was 0.69. And the median was 2.03.

PLSDF's Cyclically Adjusted PB Ratio is ranked worse than
84.43% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs PLSDF: 2.75

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.

Pulse Seismic's adjusted book value per share data for the three months ended in Mar. 2024 was $0.377. 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 $0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pulse Seismic Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pulse Seismic'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.

Pulse Seismic Cyclically Adjusted PB Ratio Chart

Pulse Seismic 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 1.82 0.97 2.29 2.01 2.24

Pulse Seismic 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 1.92 1.94 2.20 2.24 2.76

Competitive Comparison of Pulse Seismic's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Pulse Seismic'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.


Pulse Seismic's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Pulse Seismic 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.

Pulse Seismic's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.605/0.6
=2.68

* 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.

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

For example, Pulse Seismic'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)
=0.377/125.4675*125.4675
=0.377

Current CPI (Mar. 2024) = 125.4675.

Pulse Seismic Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.946 99.473 1.193
201409 0.992 99.394 1.252
201412 0.885 98.367 1.129
201503 0.736 99.789 0.925
201506 0.714 100.500 0.891
201509 0.621 100.421 0.776
201512 0.595 99.947 0.747
201603 0.583 101.054 0.724
201606 0.562 102.002 0.691
201609 0.549 101.765 0.677
201612 0.518 101.449 0.641
201703 0.470 102.634 0.575
201706 0.440 103.029 0.536
201709 0.733 103.345 0.890
201712 0.548 103.345 0.665
201803 0.526 105.004 0.629
201806 0.500 105.557 0.594
201809 0.488 105.636 0.580
201812 0.488 105.399 0.581
201903 0.456 106.979 0.535
201906 0.496 107.690 0.578
201909 0.459 107.611 0.535
201912 0.451 107.769 0.525
202003 0.388 107.927 0.451
202006 0.368 108.401 0.426
202009 0.350 108.164 0.406
202012 0.367 108.559 0.424
202103 0.375 110.298 0.427
202106 0.540 111.720 0.606
202109 0.568 112.905 0.631
202112 0.641 113.774 0.707
202203 0.602 117.646 0.642
202206 0.558 120.806 0.580
202209 0.503 120.648 0.523
202212 0.460 120.964 0.477
202303 0.485 122.702 0.496
202306 0.535 124.203 0.540
202309 0.396 125.230 0.397
202312 0.363 125.468 0.363
202403 0.377 125.468 0.377

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.


Pulse Seismic  (OTCPK:PLSDF) 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.


Pulse Seismic Cyclically Adjusted PB Ratio Related Terms

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


Pulse Seismic (Pulse Seismic) Business Description

Industry
Traded in Other Exchanges
Address
421 - 7th Avenue South West, Suite 2700, Calgary, AB, CAN, T2P 4K9
Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.