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PDS (Precision Drilling) Cyclically Adjusted PS Ratio : 0.54 (As of May. 28, 2025)


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What is Precision Drilling Cyclically Adjusted PS Ratio?

As of today (2025-05-28), Precision Drilling's current share price is $42.98. Precision Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $79.26. Precision Drilling's Cyclically Adjusted PS Ratio for today is 0.54.

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

PDS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.62   Max: 1.15
Current: 0.52

During the past years, Precision Drilling's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.07. And the median was 0.62.

PDS's Cyclically Adjusted PS Ratio is ranked better than
61.83% of 710 companies
in the Oil & Gas industry
Industry Median: 0.82 vs PDS: 0.52

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Precision Drilling's adjusted revenue per share data for the three months ended in Mar. 2025 was $24.199. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $79.26 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Precision Drilling Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Precision Drilling's Cyclically Adjusted PS 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.

Precision Drilling Cyclically Adjusted PS Ratio Chart

Precision Drilling Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.38 0.87 0.61 0.78

Precision Drilling Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS 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 0.78 0.82 0.72 0.78 0.59

Competitive Comparison of Precision Drilling's Cyclically Adjusted PS Ratio

For the Oil & Gas Drilling subindustry, Precision Drilling's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Precision Drilling's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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


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Precision Drilling Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Precision Drilling's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.98/79.26
=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.

Precision Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Precision Drilling's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.199/129.1809*129.1809
=24.199

Current CPI (Mar. 2025) = 129.1809.

Precision Drilling Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 18.472 100.500 23.743
201509 18.739 100.421 24.106
201512 17.175 99.947 22.199
201603 15.576 101.054 19.911
201606 8.677 102.002 10.989
201609 11.118 101.765 14.113
201612 15.475 101.449 19.705
201703 18.783 102.634 23.641
201706 14.921 103.029 18.708
201709 17.469 103.345 21.836
201712 18.544 103.345 23.180
201803 21.147 105.004 26.016
201806 17.171 105.557 21.014
201809 19.979 105.636 24.432
201812 21.636 105.399 26.518
201903 21.627 106.979 26.115
201906 18.413 107.690 22.087
201909 19.372 107.611 23.255
201912 19.516 107.769 23.393
202003 19.740 107.927 23.627
202006 10.212 108.401 12.170
202009 9.078 108.164 10.842
202012 11.510 108.559 13.696
202103 13.958 110.298 16.348
202106 12.386 111.720 14.322
202109 15.056 112.905 17.226
202112 15.446 113.774 17.538
202203 20.589 117.646 22.608
202206 18.739 120.806 20.038
202209 21.395 120.648 22.908
202212 27.760 120.964 29.646
202303 27.512 122.702 28.965
202306 21.723 124.203 22.594
202309 24.259 125.230 25.024
202312 22.795 125.072 23.544
202403 27.059 126.258 27.686
202406 21.756 127.522 22.039
202409 23.657 127.285 24.009
202412 23.497 127.364 23.832
202503 24.199 129.181 24.199

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Precision Drilling  (NYSE:PDS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Precision Drilling Cyclically Adjusted PS Ratio Related Terms

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


Precision Drilling Business Description

Industry
Traded in Other Exchanges
Address
525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1
Precision Drilling Corp is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.