GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (TSX:ESI) » Definitions » Cyclically Adjusted Book per Share

Ensign Energy Services (TSX:ESI) Cyclically Adjusted Book per Share : C$11.12 (As of Mar. 2025)


View and export this data going back to 1993. Start your Free Trial

What is Ensign Energy Services Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Ensign Energy Services's adjusted book value per share for the three months ended in Mar. 2025 was C$7.478. 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$11.12 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ensign Energy Services's average Cyclically Adjusted Book Growth Rate was -6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ensign Energy Services was 22.30% per year. The lowest was -3.50% per year. And the median was 10.80% per year.

As of today (2025-07-04), Ensign Energy Services's current stock price is C$2.28. Ensign Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$11.12. Ensign Energy Services's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ensign Energy Services was 1.04. The lowest was 0.02. And the median was 0.26.


Ensign Energy Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ensign Energy Services's Cyclically Adjusted Book 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.

* Premium members only.

Ensign Energy Services Cyclically Adjusted Book per Share Chart

Ensign Energy Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.43 12.50 12.50 12.00 11.23

Ensign Energy Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book 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 11.86 11.74 11.47 11.23 11.12

Competitive Comparison of Ensign Energy Services's Cyclically Adjusted Book per Share

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.


Ensign Energy Services's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ensign Energy Services's Cyclically Adjusted PB Ratio falls into.


;
;

Ensign Energy Services Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ensign Energy Services's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.478/129.1809*129.1809
=7.478

Current CPI (Mar. 2025) = 129.1809.

Ensign Energy Services Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.976 100.500 17.964
201509 14.016 100.421 18.030
201512 13.700 99.947 17.707
201603 12.846 101.054 16.422
201606 12.501 102.002 15.832
201609 12.217 101.765 15.508
201612 11.931 101.449 15.193
201703 11.627 102.634 14.634
201706 11.103 103.029 13.921
201709 10.405 103.345 13.006
201712 10.775 103.345 13.469
201803 10.571 105.004 13.005
201806 10.289 105.557 12.592
201809 9.812 105.636 11.999
201812 10.956 105.399 13.428
201903 10.684 106.979 12.901
201906 10.093 107.690 12.107
201909 9.704 107.611 11.649
201912 8.994 107.769 10.781
202003 9.273 107.927 11.099
202006 9.002 108.401 10.728
202009 8.680 108.164 10.367
202012 8.435 108.559 10.037
202103 8.050 110.298 9.428
202106 7.654 111.720 8.850
202109 7.538 112.905 8.625
202112 7.416 113.774 8.420
202203 7.335 117.646 8.054
202206 6.650 120.806 7.111
202209 7.042 120.648 7.540
202212 7.058 120.964 7.537
202303 7.040 122.702 7.412
202306 6.999 124.203 7.279
202309 7.105 125.230 7.329
202312 7.172 125.072 7.408
202403 7.248 126.258 7.416
202406 7.292 127.522 7.387
202409 7.237 127.285 7.345
202412 7.513 127.364 7.620
202503 7.478 129.181 7.478

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


Ensign Energy Services  (TSX:ESI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Ensign Energy Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.28/11.12
=0.21

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ensign Energy Services was 1.04. The lowest was 0.02. And the median was 0.26.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ensign Energy Services Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Ensign Energy Services's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ensign Energy Services Business Description

Industry
Traded in Other Exchanges
Address
400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
Executives
Jr. Cary A. Moomjian Director
Robert Harold Geddes Senior Officer
Michael Gray Senior Officer
Brent John Conway Senior Officer
Fairfax Financial Holdings Limited 10% Security Holder
Barth Edward Whitham Director
James Brian Howe Director
Norman Murray Edwards 10% Security Holder, Director, Senior Officer
Gary William Casswell Director
Thomas Joseph Connors Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Rudy Nuss Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)