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Stampede Drilling (Stampede Drilling) Cyclically Adjusted PB Ratio : 0.54 (As of Jun. 10, 2024)


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What is Stampede Drilling Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Stampede Drilling's current share price is $0.1832. Stampede Drilling's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.34. Stampede Drilling's Cyclically Adjusted PB Ratio for today is 0.54.

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

STPDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.42   Max: 0.84
Current: 0.5

During the past years, Stampede Drilling's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.11. And the median was 0.42.

STPDF's Cyclically Adjusted PB Ratio is ranked better than
69.08% of 828 companies
in the Oil & Gas industry
Industry Median: 1.02 vs STPDF: 0.50

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.

Stampede Drilling's adjusted book value per share data for the three months ended in Mar. 2024 was $0.306. 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 $0.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stampede Drilling Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stampede Drilling'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.

* Premium members only.

Stampede Drilling Cyclically Adjusted PB Ratio Chart

Stampede Drilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.23 0.30 0.60 0.45

Stampede Drilling Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.43 0.52 0.45 0.48

Competitive Comparison of Stampede Drilling's Cyclically Adjusted PB Ratio

For the Oil & Gas Drilling subindustry, Stampede Drilling'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.


Stampede Drilling's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Stampede Drilling 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.

Stampede Drilling's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1832/0.34
=0.54

* 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.

Stampede Drilling's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Stampede Drilling's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.306/126.2576*126.2576
=0.306

Current CPI (Mar. 2024) = 126.2576.

Stampede Drilling Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.703 99.473 0.892
201409 0.741 99.394 0.941
201412 0.721 98.367 0.925
201503 0.635 99.789 0.803
201506 0.601 100.500 0.755
201509 0.451 100.421 0.567
201512 0.408 99.947 0.515
201603 0.405 101.054 0.506
201606 0.384 102.002 0.475
201609 0.352 101.765 0.437
201612 0.321 101.449 0.400
201703 0.304 102.634 0.374
201706 0.284 103.029 0.348
201709 0.287 103.345 0.351
201712 0.233 103.345 0.285
201803 0.238 105.004 0.286
201806 0.227 105.557 0.272
201809 0.223 105.636 0.267
201812 0.205 105.399 0.246
201903 0.218 106.979 0.257
201906 0.213 107.690 0.250
201909 0.210 107.611 0.246
201912 0.210 107.769 0.246
202003 0.205 107.927 0.240
202006 0.201 108.401 0.234
202009 0.197 108.164 0.230
202012 0.194 108.559 0.226
202103 0.213 110.298 0.244
202106 0.219 111.720 0.247
202109 0.213 112.905 0.238
202112 0.214 113.774 0.237
202203 0.246 117.646 0.264
202206 0.241 120.806 0.252
202209 0.237 120.648 0.248
202212 0.247 120.964 0.258
202303 0.253 122.702 0.260
202306 0.262 124.203 0.266
202309 0.278 125.230 0.280
202312 0.291 125.072 0.294
202403 0.306 126.258 0.306

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.


Stampede Drilling  (OTCPK:STPDF) 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.


Stampede Drilling Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Stampede Drilling's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Stampede Drilling (Stampede Drilling) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
Address
700 - 9th Avenue SW, Suite 2600, South Tower, Calgary, AB, CAN, T2P 3V4
Stampede Drilling Inc offers oilfield services and drilling services to the oil and natural gas industry in the Western Canadian Sedimentary Basin (WCSB).

Stampede Drilling (Stampede Drilling) Headlines