ESVIF (Ensign Energy Services) Cyclically Adjusted PB Ratio: 0.34 (As of Aug. 02, 2026) — 42% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ESVIF Ensign Energy Services Inc ESVIF
71 GF Score
Price $2.50
GF Value $1.73
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ensign Energy Services Cyclically Adjusted PB Ratio?

Ensign Energy Services ESVIF 71 Cyclically Adjusted PB Ratio is 0.34 as of Aug. 02, 2026, which is 42% above its 10-year median of 0.24. GuruFocus rates ESVIF with a GF Scoreâ„¢ of 71/100 and a GF Valueâ„¢ of $1.73 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 765 Oil & Gas companies, Ensign Energy Services ranks better than 80% on this metric.

As of today (2026-08-02), Ensign Energy Services's current share price is $2.50. Ensign Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.43. Ensign Energy Services's Cyclically Adjusted PB Ratio for today is 0.34.

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% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 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 Mar. 2026 was $5.105. 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 $7.43 for the trailing ten years ended in Mar. 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 0.27 0.18 0.27 0.24

Ensign Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.21 0.21 0.23 0.24 0.35

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
=2.50/7.43
=0.34

* 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 Mar. 2026 is calculated as:

For example, Ensign Energy Services's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.105/132.2623*132.2623
=5.105

Current CPI (Mar. 2026) = 132.2623.

Ensign Energy Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.695 102.002 12.571
201609 9.320 101.765 12.113
201612 8.944 101.449 11.661
201703 8.685 102.634 11.192
201706 8.351 103.029 10.721
201709 8.474 103.345 10.845
201712 8.438 103.345 10.799
201803 8.174 105.004 10.296
201806 7.839 105.557 9.822
201809 7.528 105.636 9.425
201812 8.154 105.399 10.232
201903 7.990 106.979 9.878
201906 7.595 107.690 9.328
201909 7.329 107.611 9.008
201912 6.830 107.769 8.382
202003 6.642 107.927 8.140
202006 6.643 108.401 8.105
202009 6.561 108.164 8.023
202012 6.585 108.559 8.023
202103 6.404 110.298 7.679
202106 6.263 111.720 7.415
202109 5.949 112.905 6.969
202112 5.794 113.774 6.736
202203 5.794 117.646 6.514
202206 5.194 120.806 5.687
202209 5.279 120.648 5.787
202212 5.195 120.964 5.680
202303 5.145 122.702 5.546
202306 5.268 124.203 5.610
202309 5.251 125.230 5.546
202312 5.346 125.072 5.653
202403 5.354 126.258 5.609
202406 5.321 127.522 5.519
202409 5.343 127.285 5.552
202412 5.274 127.364 5.477
202503 5.209 129.181 5.333
202506 5.181 129.892 5.276
202509 5.196 130.287 5.275
202512 5.072 130.366 5.146
202603 5.105 132.262 5.105

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 0.34 mean?
Ensign Energy Services (ESVIF) has a Cyclically Adjusted PB Ratio of 0.34 as of Aug. 02, 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 42% 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 #153 out of 765 companies in the Oil & Gas industry, placing it in the top 20%.
Is Ensign Energy Services' Cyclically Adjusted PB Ratio too high?
Ensign Energy Services' current Cyclically Adjusted PB Ratio of 0.34 is 42% 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 1.21. Ensign Energy Services' value of 0.34 is 71.9% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #153 out of 765 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 #153 out of 765 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 1.21. Ensign Energy Services' value of 0.34 is 71.9% 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 1.21, 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 1.21, based on 765 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 0.34 is 71.9% 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 1.21 — 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 0.34, which is 42% 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 $1.73, compared to a current price of $2.50 — trading 44.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.34, which is 42% above median its 10-year median of 0.24 and 71.9% below the Oil & Gas industry median of 1.21. 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 0.34 as of Aug. 02, 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 $2.50 is trading 44.5% above its estimated GF Value™ of $1.73. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for ESVIF:

  • Cyclically Adjusted PB Ratio: 0.34 (42% above median its 10-year median of 0.24)
  • GF Value™: $1.73 vs. price of $2.50 (44.5% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 71.9% below the Oil & Gas median (#153 of 765)

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.

$2.50
Price
$1.73
GF Value