PDS (Precision Drilling) Cyclically Adjusted PS Ratio: 0.92 (As of Jul. 07, 2026) — 46% Above Median


PDS Precision Drilling Corp PDS
73 GF Score
Price $78.43
GF Value $66.36
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Precision Drilling Cyclically Adjusted PS Ratio?

Precision Drilling PDS +3.69% 73 Cyclically Adjusted PS Ratio is 0.92 as of Jul. 07, 2026, which is 46% above its 10-year median of 0.63. GuruFocus rates PDS with a GF Score™ of 73/100 and a GF Value™ of $66.36 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 707 Oil & Gas companies, Precision Drilling ranks better than 52.62% on this metric.

As of today (2026-07-07), Precision Drilling's current share price is $78.43. Precision Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $85.16. Precision Drilling's Cyclically Adjusted PS Ratio for today is 0.92.

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: 0.63   Max: 1.21
Current: 0.91

During the past years, Precision Drilling's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.07. And the median was 0.63.

PDS's Cyclically Adjusted PS Ratio is ranked better than
52.62% of 707 companies
in the Oil & Gas industry
Industry Median: 0.98 vs PDS: 0.91

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. 2026 was $29.628. 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 $85.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Precision Drilling Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Precision Drilling Cyclically Adjusted PS Ratio Chart

Precision Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.87 0.61 0.78 0.85

Precision Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.59 0.56 0.68 0.85 1.16

PDS vs NE, RIG, VAL: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


PDS
73GF Score
Precision Drilling Corp PDS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=78.43/85.16
=0.92

* 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. 2026 is calculated as:

For example, Precision Drilling's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=29.628/132.2623*132.2623
=29.628

Current CPI (Mar. 2026) = 132.2623.

Precision Drilling Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.677 102.002 11.251
201609 11.118 101.765 14.450
201612 15.475 101.449 20.175
201703 18.783 102.634 24.205
201706 14.921 103.029 19.155
201709 17.469 103.345 22.357
201712 18.544 103.345 23.733
201803 21.147 105.004 26.637
201806 17.171 105.557 21.515
201809 19.979 105.636 25.015
201812 21.636 105.399 27.150
201903 21.627 106.979 26.738
201906 18.413 107.690 22.614
201909 19.372 107.611 23.810
201912 19.516 107.769 23.951
202003 19.740 107.927 24.191
202006 10.212 108.401 12.460
202009 9.078 108.164 11.100
202012 11.510 108.559 14.023
202103 13.958 110.298 16.738
202106 12.386 111.720 14.663
202109 15.056 112.905 17.637
202112 15.446 113.774 17.956
202203 20.589 117.646 23.147
202206 18.739 120.806 20.516
202209 21.395 120.648 23.455
202212 27.760 120.964 30.353
202303 27.512 122.702 29.656
202306 21.723 124.203 23.133
202309 24.259 125.230 25.621
202312 22.795 125.072 24.105
202403 27.059 126.258 28.346
202406 21.756 127.522 22.565
202409 23.657 127.285 24.582
202412 23.497 127.364 24.401
202503 24.199 129.181 24.776
202506 21.269 129.892 21.657
202509 24.049 130.287 24.414
202512 26.588 130.366 26.975
202603 29.628 132.262 29.628

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.

What does a Cyclically Adjusted PS Ratio of 0.92 mean?
Precision Drilling (PDS) has a Cyclically Adjusted PS Ratio of 0.92 as of Jul. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Precision Drilling and its competitors. This is 46% above median its historical median of 0.63. Over the past decade, Precision Drilling's Cyclically Adjusted PS Ratio has ranged from 0.07 to 1.21. According to the industry distribution chart, Precision Drilling ranks #335 out of 707 companies in the Oil & Gas industry, placing it in the top 47.4%.
Is Precision Drilling's Cyclically Adjusted PS Ratio too high?
Precision Drilling's current Cyclically Adjusted PS Ratio of 0.92 is 46% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.21. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 0.98. Precision Drilling's value of 0.92 is 6.1% below this industry median. Based on the distribution chart, Precision Drilling ranks #335 out of 707 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Precision Drilling has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's Cyclically Adjusted PS Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Precision Drilling ranks #335 out of 707 companies for Cyclically Adjusted PS Ratio. This puts Precision Drilling in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.98. Precision Drilling's value of 0.92 is 6.1% below this benchmark. Historically, Precision Drilling's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 1.21 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.98, Precision Drilling 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 0.98, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Precision Drilling's current Cyclically Adjusted PS Ratio of 0.92 is 6.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Precision Drilling and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Drilling's current Cyclically Adjusted PS Ratio is 0.92, which is 46% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Drilling stock overvalued right now?
Based on GuruFocus' analysis, Precision Drilling (PDS) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.36, compared to a current price of $78.43 — trading 18.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.92, which is 46% above median its 10-year median of 0.63 and 6.1% below the Oil & Gas industry median of 0.98. Precision Drilling's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Precision Drilling (PDS), the current Cyclically Adjusted PS Ratio is 0.92 as of Jul. 07, 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 Precision Drilling (PDS) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued. The current stock price of $78.43 is trading 18.2% above its estimated GF Value™ of $66.36. GuruFocus considers Precision Drilling to be Modestly Overvalued.

Key valuation signals for PDS:

  • Cyclically Adjusted PS Ratio: 0.92 (46% above median its 10-year median of 0.63)
  • GF Value™: $66.36 vs. price of $78.43 (18.2% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 6.1% below the Oil & Gas median (#335 of 707)

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


Precision Drilling Business Description

Industry EnergyOil & Gas
Other Exchanges PRE1:GermanyPD:Canada
Address 525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1
Precision Drilling Corp is a provider of contract drilling, completion, and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. The company operates through two industry segments: Contract Drilling Services, which generates maximum revenue and includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment; and Completion and Production Services, which includes service rigs, oilfield equipment rental, and camp services. The company generates the majority of its revenue from the United States.
73GF Score

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

$78.43
Price
$66.36
GF Value