ESVIF (Ensign Energy Services) Cyclically Adjusted PB Ratio: 0.36 (As of Sep. 16, 2026) — 50% Above Median

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ESVIF Ensign Energy Services Inc ESVIF
71 GF Score
Price $2.80
GF Value $1.77
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ensign Energy Services Cyclically Adjusted PB Ratio?

Ensign Energy Services ESVIF -0.28% 71 Cyclically Adjusted PB Ratio is 0.36 as of Sep. 16, 2026, which is 50% above its 10-year median of 0.24. GuruFocus rates ESVIF with a GF Scoreâ„¢ of 71/100 and a GF Valueâ„¢ of $1.77 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 754 Oil & Gas companies, Ensign Energy Services ranks better than 80.11% on this metric.

As of today (2026-09-16), Ensign Energy Services's current share price is $2.80. Ensign Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $7.70. Ensign Energy Services's Cyclically Adjusted PB Ratio for today is 0.36.

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

ESVIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.24   Max: 0.81
Current: 0.38

During the past years, Ensign Energy Services's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.02. And the median was 0.24.

ESVIF's Cyclically Adjusted PB Ratio is ranked better than
80.11% of 754 companies
in the Oil & Gas industry
Industry Median: 1.265 vs ESVIF: 0.38

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 adjusted book value per share data for the three months ended in Jun. 2026 was $4.979. 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 $7.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ensign Energy Services  (OTCPK:ESVIF) 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.


Ensign Energy Services Cyclically Adjusted PB Ratio Related Terms


Ensign Energy Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Cyclically Adjusted PB Ratio Chart

Ensign Energy Services 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 0.13 0.26 0.18 0.25 0.24

Ensign Energy Services 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 0.20 0.22 0.23 0.34 0.31

ESVIF vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


ESVIF
71GF Score
Ensign Energy Services Inc ESVIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ensign Energy Services 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.80/7.696
=0.36

* 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.

Ensign Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ensign Energy Services'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)
=4.979/133.5265*133.5265
=4.979

Current CPI (Jun. 2026) = 133.5265.

Ensign Energy Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.296 101.765 12.197
201612 8.897 101.449 11.710
201703 8.718 102.634 11.342
201706 8.550 103.029 11.081
201709 8.320 103.345 10.750
201712 8.602 103.345 11.114
201803 8.189 105.004 10.413
201806 7.806 105.557 9.874
201809 7.591 105.636 9.595
201812 8.386 105.399 10.624
201903 8.025 106.979 10.016
201906 7.658 107.690 9.495
201909 7.228 107.611 8.969
201912 6.960 107.769 8.623
202003 6.539 107.927 8.090
202006 6.633 108.401 8.170
202009 6.522 108.164 8.051
202012 6.644 108.559 8.172
202103 6.428 110.298 7.782
202106 6.236 111.720 7.453
202109 6.010 112.905 7.108
202112 5.895 113.774 6.918
202203 5.895 117.646 6.691
202206 5.156 120.806 5.699
202209 5.125 120.648 5.672
202212 5.209 120.964 5.750
202303 5.202 122.702 5.661
202306 5.289 124.203 5.686
202309 5.259 125.230 5.607
202312 5.439 125.072 5.807
202403 5.356 126.258 5.664
202406 5.329 127.522 5.580
202409 5.387 127.285 5.651
202412 5.224 127.364 5.477
202503 5.196 129.181 5.371
202506 5.214 129.892 5.360
202509 5.166 130.287 5.294
202512 5.144 130.366 5.269
202603 5.038 132.262 5.086
202606 4.979 133.527 4.979

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 0.36 mean?
Ensign Energy Services (ESVIF) has a Cyclically Adjusted PB Ratio of 0.36 as of Sep. 16, 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 Ensign Energy Services and its competitors. This is 50% above median its historical median of 0.24. Over the past decade, Ensign Energy Services' Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.81. According to the industry distribution chart, Ensign Energy Services ranks #150 out of 754 companies in the Oil & Gas industry, placing it in the top 19.9%.
Is Ensign Energy Services' Cyclically Adjusted PB Ratio too high?
Ensign Energy Services' current Cyclically Adjusted PB Ratio of 0.36 is 50% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.81. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. Ensign Energy Services' value of 0.36 is 71.5% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #150 out of 754 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ensign Energy Services has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Cyclically Adjusted PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #150 out of 754 companies for Cyclically Adjusted PB Ratio. This places Ensign Energy Services in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Ensign Energy Services' value of 0.36 is 71.5% below this benchmark. Historically, Ensign Energy Services' own Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.81 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 1.27, Ensign Energy Services 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 1.27, based on 754 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. Ensign Energy Services's current Cyclically Adjusted PB Ratio of 0.36 is 71.5% 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 Ensign Energy Services and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensign Energy Services's current Cyclically Adjusted PB Ratio is 0.36, which is 50% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (ESVIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.77, compared to a current price of $2.80 — trading 58.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 50% above median its 10-year median of 0.24 and 71.5% below the Oil & Gas industry median of 1.27. Ensign Energy Services' overall GF Score™ is 71/100 with 3 warning signs 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 Ensign Energy Services (ESVIF), the current Cyclically Adjusted PB Ratio is 0.36 as of Sep. 16, 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 Ensign Energy Services (ESVIF) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued. The current stock price of $2.80 is trading 58.2% above its estimated GF Value™ of $1.77. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for ESVIF:

  • Cyclically Adjusted PB Ratio: 0.36 (50% above median its 10-year median of 0.24)
  • GF Value™: $1.77 vs. price of $2.80 (58.2% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 71.5% below the Oil & Gas median (#150 of 754)

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


Ensign Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges ENB:GermanyESI:Canada
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.
71GF Score

Get the complete analysis for ESVIF

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

$2.80
Price
$1.77
GF Value