PLSDF (Pulse Seismic) Cyclically Adjusted PB Ratio: 4.77 (As of Aug. 01, 2026) — 124% 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.

PLSDF Pulse Seismic Inc PLSDF
60 GF Score
Price $2.29
GF Value $0.85
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Pulse Seismic Cyclically Adjusted PB Ratio?

Pulse Seismic PLSDF +0.73% 60 Cyclically Adjusted PB Ratio is 4.77 as of Aug. 01, 2026, which is 124% above its 10-year median of 2.13. GuruFocus rates PLSDF with a GF Score™ of 60/100 and a GF Value™ of $0.85 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 765 Oil & Gas companies, Pulse Seismic ranks worse than 90.72% on this metric.

As of today (2026-08-01), Pulse Seismic's current share price is $2.29. Pulse Seismic's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.48. Pulse Seismic's Cyclically Adjusted PB Ratio for today is 4.77.

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

PLSDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.13   Max: 6.64
Current: 4.71

During the past years, Pulse Seismic's highest Cyclically Adjusted PB Ratio was 6.64. The lowest was 0.69. And the median was 2.13.

PLSDF's Cyclically Adjusted PB Ratio is ranked worse than
90.72% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs PLSDF: 4.71

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.

Pulse Seismic's adjusted book value per share data for the three months ended in Jun. 2026 was $0.149. 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 $0.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pulse Seismic  (OTCPK:PLSDF) 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.


Pulse Seismic Cyclically Adjusted PB Ratio Related Terms


Pulse Seismic Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pulse Seismic'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.

Pulse Seismic Cyclically Adjusted PB Ratio Chart

Pulse Seismic 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 2.29 2.01 2.24 3.18 4.70

Pulse Seismic 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 4.20 4.95 4.70 5.76 4.99

PLSDF vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Pulse Seismic'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.


Pulse Seismic Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Pulse Seismic's Cyclically Adjusted PB Ratio falls into.


PLSDF
60GF Score
Pulse Seismic Inc PLSDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pulse Seismic 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.

Pulse Seismic's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.29/0.48
=4.77

* 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.

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

For example, Pulse Seismic'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)
=0.149/134.0005*134.0005
=0.149

Current CPI (Jun. 2026) = 134.0005.

Pulse Seismic Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.549 101.765 0.723
201612 0.518 101.449 0.684
201703 0.470 102.634 0.614
201706 0.440 103.029 0.572
201709 0.733 103.345 0.950
201712 0.548 103.345 0.711
201803 0.526 105.004 0.671
201806 0.500 105.557 0.635
201809 0.488 105.636 0.619
201812 0.488 105.399 0.620
201903 0.456 106.979 0.571
201906 0.496 107.690 0.617
201909 0.459 107.611 0.572
201912 0.451 107.769 0.561
202003 0.388 107.927 0.482
202006 0.368 108.401 0.455
202009 0.350 108.164 0.434
202012 0.367 108.559 0.453
202103 0.375 110.298 0.456
202106 0.540 111.720 0.648
202109 0.568 112.905 0.674
202112 0.641 113.774 0.755
202203 0.602 117.646 0.686
202206 0.558 120.806 0.619
202209 0.503 120.648 0.559
202212 0.460 120.964 0.510
202303 0.485 122.702 0.530
202306 0.535 124.203 0.577
202309 0.396 125.230 0.424
202312 0.363 125.072 0.389
202403 0.377 126.258 0.400
202406 0.357 127.522 0.375
202409 0.280 127.285 0.295
202412 0.253 127.364 0.266
202503 0.282 129.181 0.293
202506 0.421 129.892 0.434
202509 0.237 130.287 0.244
202512 0.248 130.366 0.255
202603 0.144 132.262 0.146
202606 0.149 134.001 0.149

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 4.77 mean?
Pulse Seismic (PLSDF) has a Cyclically Adjusted PB Ratio of 4.77 as of Aug. 01, 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 Pulse Seismic and its competitors. This is 124% above median its historical median of 2.13. Over the past decade, Pulse Seismic's Cyclically Adjusted PB Ratio has ranged from 0.69 to 6.64. According to the industry distribution chart, Pulse Seismic ranks #694 out of 765 companies in the Oil & Gas industry, placing it in the top 90.7%.
Is Pulse Seismic's Cyclically Adjusted PB Ratio too high?
Pulse Seismic's current Cyclically Adjusted PB Ratio of 4.77 is 124% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 6.64. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Pulse Seismic's value of 4.77 is 294.2% above this industry median. Based on the distribution chart, Pulse Seismic ranks #694 out of 765 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Pulse Seismic has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pulse Seismic's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Pulse Seismic ranks #694 out of 765 companies for Cyclically Adjusted PB Ratio. This places Pulse Seismic in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Pulse Seismic's value of 4.77 is 294.2% above this benchmark. Historically, Pulse Seismic's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 6.64 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 1.21, Pulse Seismic has consistently been above 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. Pulse Seismic's current Cyclically Adjusted PB Ratio of 4.77 is 294.2% above 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 Pulse Seismic 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. Pulse Seismic's current Cyclically Adjusted PB Ratio is 4.77, which is 124% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulse Seismic stock overvalued right now?
Based on GuruFocus' analysis, Pulse Seismic (PLSDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.85, compared to a current price of $2.29 — trading 169.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.77, which is 124% above median its 10-year median of 2.13 and 294.2% above the Oil & Gas industry median of 1.21. Pulse Seismic's overall GF Score™ is 60/100 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 Pulse Seismic (PLSDF), the current Cyclically Adjusted PB Ratio is 4.77 as of Aug. 01, 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 Pulse Seismic (PLSDF) Overvalued in 2026?

Based on GuruFocus' analysis, Pulse Seismic stock appears to be overvalued. The current stock price of $2.29 is trading 169.4% above its estimated GF Value™ of $0.85. GuruFocus considers Pulse Seismic to be Significantly Overvalued.

Key valuation signals for PLSDF:

  • Cyclically Adjusted PB Ratio: 4.77 (124% above median its 10-year median of 2.13)
  • GF Value™: $0.85 vs. price of $2.29 (169.4% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 294.2% above the Oil & Gas median (#694 of 765)

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


Pulse Seismic Business Description

Industry EnergyOil & Gas
Other Exchanges PUD:GermanyPSD:Canada
Address 421 - 7th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 4K9
Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.
60GF Score

Get the complete analysis for PLSDF

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

$2.29
Price
$0.85
GF Value