Precision Drilling (TSX:PD) 3-Year Book Growth Rate : 1.70% (As of Sep. 2024)

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What is Precision Drilling 3-Year Book Growth Rate?

Precision Drilling's Book Value per Share for the quarter that ended in Sep. 2024 was C$117.77.

During the past 12 months, Precision Drilling's average Book Value per Share Growth Rate was 15.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was -5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Precision Drilling was 104.40% per year. The lowest was -19.00% per year. And the median was -2.70% per year.

Competitive Comparison of Precision Drilling's 3-Year Book Growth Rate

For the Oil & Gas Drilling subindustry, Precision Drilling's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Precision Drilling's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Precision Drilling's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Precision Drilling's 3-Year Book Growth Rate falls into.

Precision Drilling 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Precision Drilling (TSX:PD) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Precision Drilling 3-Year Book Growth Rate Related Terms

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Precision Drilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Precision Drilling Corp (TSX:PD) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

PDS:USA PRE1:Germany

Address

525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1

Website

https://www.precisiondrilling.com

Precision Drilling Corpd is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.