DWSN (Dawson Geophysical Co) Cyclically Adjusted PB Ratio: 0.75 (As of Aug. 21, 2026) — 178% Above Median

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DWSN Dawson Geophysical Co DWSN
42 GF Score
Price $3.18
GF Value $2.04
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Dawson Geophysical Co Cyclically Adjusted PB Ratio?

Dawson Geophysical Co DWSN +6.00% 42 Cyclically Adjusted PB Ratio is 0.75 as of Aug. 21, 2026, which is 178% above its 10-year median of 0.27. GuruFocus rates DWSN with a GF Score™ of 42/100 and a GF Value™ of $2.04 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 757 Oil & Gas companies, Dawson Geophysical Co ranks better than 65.39% on this metric.

As of today (2026-08-21), Dawson Geophysical Co's current share price is $3.18. Dawson Geophysical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $4.24. Dawson Geophysical Co's Cyclically Adjusted PB Ratio for today is 0.75.

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

DWSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.27   Max: 1.79
Current: 0.71

During the past years, Dawson Geophysical Co's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.11. And the median was 0.27.

DWSN's Cyclically Adjusted PB Ratio is ranked better than
65.39% of 757 companies
in the Oil & Gas industry
Industry Median: 1.21 vs DWSN: 0.71

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.

Dawson Geophysical Co's adjusted book value per share data for the three months ended in Jun. 2026 was $0.645. 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 $4.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dawson Geophysical Co  (NAS:DWSN) 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.


Dawson Geophysical Co Cyclically Adjusted PB Ratio Related Terms


Dawson Geophysical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dawson Geophysical Co'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.

Dawson Geophysical Co Cyclically Adjusted PB Ratio Chart

Dawson Geophysical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.24 0.26 0.23 0.33

Dawson Geophysical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.28 0.35 0.33 0.77 1.40

DWSN vs NINE, STAK, OMSE: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Dawson Geophysical Co'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.


Dawson Geophysical Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Dawson Geophysical Co's Cyclically Adjusted PB Ratio falls into.


DWSN
42GF Score
Dawson Geophysical Co DWSN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dawson Geophysical Co 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.

Dawson Geophysical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.18/4.24
=0.75

* 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.

Dawson Geophysical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dawson Geophysical Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.645/333.9520*333.9520
=0.645

Current CPI (Jun. 2026) = 333.9520.

Dawson Geophysical Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.844 241.428 10.850
201612 7.515 241.432 10.395
201703 7.119 243.801 9.751
201706 6.481 244.955 8.836
201709 6.383 246.819 8.636
201712 6.177 246.524 8.368
201803 5.803 249.554 7.766
201806 5.842 251.989 7.742
201809 5.634 252.439 7.453
201812 5.094 251.233 6.771
201903 5.060 254.202 6.647
201906 4.584 256.143 5.976
201909 4.670 256.759 6.074
201912 4.430 256.974 5.757
202003 4.430 258.115 5.732
202006 4.519 257.797 5.854
202009 4.180 260.280 5.363
202012 3.875 260.474 4.968
202103 3.665 264.877 4.621
202106 3.269 271.696 4.018
202109 2.927 274.310 3.563
202112 2.642 278.802 3.165
202203 2.527 287.504 2.935
202206 2.190 296.311 2.468
202209 1.836 296.808 2.066
202212 2.050 296.797 2.307
202303 1.325 301.836 1.466
202306 1.158 305.109 1.267
202309 1.084 307.789 1.176
202312 1.020 306.746 1.110
202403 0.885 312.332 0.946
202406 0.770 314.175 0.818
202409 0.590 315.301 0.625
202412 0.558 315.605 0.590
202503 0.590 319.799 0.616
202506 0.529 322.561 0.548
202509 0.489 324.800 0.503
202512 0.509 324.054 0.525
202603 0.751 330.213 0.760
202606 0.645 333.952 0.645

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.

What does a Cyclically Adjusted PB Ratio of 0.75 mean?
Dawson Geophysical Co (DWSN) has a Cyclically Adjusted PB Ratio of 0.75 as of Aug. 21, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Dawson Geophysical Co and its competitors. This is 178% above median its historical median of 0.27. Over the past decade, Dawson Geophysical Co's Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.79. According to the industry distribution chart, Dawson Geophysical Co ranks #262 out of 757 companies in the Oil & Gas industry, placing it in the top 34.6%.
Is Dawson Geophysical Co's Cyclically Adjusted PB Ratio too high?
Dawson Geophysical Co's current Cyclically Adjusted PB Ratio of 0.75 is 178% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.79. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Dawson Geophysical Co's value of 0.75 is 38% below this industry median. Based on the distribution chart, Dawson Geophysical Co ranks #262 out of 757 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Dawson Geophysical Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dawson Geophysical Co's Cyclically Adjusted PB Ratio compare to NINE and STAK?
According to the Oil & Gas industry distribution chart, Dawson Geophysical Co ranks #262 out of 757 companies for Cyclically Adjusted PB Ratio. This puts Dawson Geophysical Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Dawson Geophysical Co's value of 0.75 is 38% below this benchmark. Historically, Dawson Geophysical Co's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.79 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 1.21, Dawson Geophysical Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 757 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dawson Geophysical Co's current Cyclically Adjusted PB Ratio of 0.75 is 38% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Dawson Geophysical Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawson Geophysical Co's current Cyclically Adjusted PB Ratio is 0.75, which is 178% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawson Geophysical Co stock overvalued right now?
Based on GuruFocus' analysis, Dawson Geophysical Co (DWSN) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.04, compared to a current price of $3.18 — trading 55.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is 178% above median its 10-year median of 0.27 and 38% below the Oil & Gas industry median of 1.21. Dawson Geophysical Co's overall GF Score™ is 42/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Dawson Geophysical Co (DWSN), the current Cyclically Adjusted PB Ratio is 0.75 as of Aug. 21, 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 Dawson Geophysical Co (DWSN) Overvalued in 2026?

Based on GuruFocus' analysis, Dawson Geophysical Co stock appears to be overvalued. The current stock price of $3.18 is trading 55.9% above its estimated GF Value™ of $2.04. GuruFocus considers Dawson Geophysical Co to be Significantly Overvalued.

Key valuation signals for DWSN:

  • Cyclically Adjusted PB Ratio: 0.75 (178% above median its 10-year median of 0.27)
  • GF Value™: $2.04 vs. price of $3.18 (55.9% above fair value)
  • GF Score™: 42/100 with 1 warning sign
  • Industry Position: 38% below the Oil & Gas median (#262 of 757)

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


Dawson Geophysical Co Business Description

Industry EnergyOil & Gas
Other Exchanges RVS1:Germany
Address 508 West Wall, Suite 800, Midland, TX, USA, 79701
Dawson Geophysical Co provides seismic data acquisition services mainly to providers of multi-client data libraries and directly to onshore oil and natural gas exploration and development companies in the continental U.S. and Canada. The demand for seismic services is largely influenced by drilling and completion activity, exploration budgets, and prevailing and anticipated crude oil and natural gas prices. Its data acquisition crews serve companies engaged in the exploration and development of oil and gas on land and in land-to-water transition areas. The business operates through two reportable segments, with U.S. operations generating the majority of revenue and Canada operations contributing additionally.
42GF Score

Get the complete analysis for DWSN

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.18
Price
$2.04
GF Value