Akita Drilling (FRA:774) Book Value per Share: €2.95 (As of Mar. 2026)

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FRA:774 Akita Drilling Ltd FRA:774
59 GF Score
Price €2.12
GF Value €1.10
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Akita Drilling Book Value per Share?

Akita Drilling FRA:774 59 Book Value per Share is €2.95 as of Mar. 2026. GuruFocus rates FRA:774 with a GF Score™ of 59/100 and a GF Value™ of €1.10 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Akita Drilling's book value per share for the quarter that ended in Mar. 2026 was €2.95.

During the past 12 months, Akita Drilling's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.70% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Akita Drilling was 24.90% per year. The lowest was -26.60% per year. And the median was 9.75% per year.

Akita Drilling's current price is €2.12. Its book value per share for the quarter that ended in Mar. 2026 was €2.95. Hence, today's PB Ratio of Akita Drilling is 0.72.

During the past 13 years, the highest P/B Ratio of Akita Drilling was 1.04. The lowest was 0.05. And the median was 0.43.


Akita Drilling  (FRA:774) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Akita Drilling Book Value per Share Related Terms


Akita Drilling Book Value per Share Historical Data

* Premium members only.

The historical data trend for Akita Drilling's Book Value per Share 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.

Akita Drilling Book Value per Share Chart

Akita Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.42 2.69 2.89 2.91

Akita Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 2.92 2.89 2.84 2.91 2.95

FRA:774 vs NE, RIG, VAL: Book Value per Share Comparison

For the Oil & Gas Drilling subindustry, Akita Drilling's PB Ratio, along with its competitors' market caps and 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.


Akita Drilling PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Akita Drilling's PB Ratio falls into.


FRA:774
59GF Score
Akita Drilling Ltd FRA:774
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akita Drilling Book Value per Share Calculation

Akita Drilling's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(113.4-0.0)/39.0
=2.91

Akita Drilling's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(113.4-0.0)/38.4
=2.95

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €2.95 mean?
Akita Drilling (FRA:774) has a Book Value per Share of €2.95 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Akita Drilling and its competitors.
Is Akita Drilling's Book Value per Share too high?
Akita Drilling's current Book Value per Share is €2.95. Overall, Akita Drilling has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Book Value per Share compare to NE and RIG?
Akita Drilling's Book Value per Share of €2.95 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Akita Drilling and its competitors. Akita Drilling's current Book Value per Share is €2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (FRA:774) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.10, compared to a current price of €2.12 — trading 92.7% above its estimated fair value. The current Book Value per Share is €2.95. Akita Drilling's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Akita Drilling (FRA:774), the current Book Value per Share is €2.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Akita Drilling (FRA:774) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.12 is trading 92.7% above its estimated GF Value™ of €1.10. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:774:

  • Book Value per Share: €2.95
  • GF Value™: €1.10 vs. price of €2.12 (92.7% above fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the FRA:774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akita Drilling Business Description

Industry EnergyOil & Gas
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
59GF Score

Get the complete analysis for FRA:774

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.12
Price
€1.10
GF Value