Akita Drilling (TSX:AKT) Cyclically Adjusted PS Ratio: 0.79 (As of Sep. 04, 2026) — 88% Above Median

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TSX:AKT Akita Drilling Ltd TSX:AKT
53 GF Score
Price C$3.89
GF Value C$2.12
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Akita Drilling Cyclically Adjusted PS Ratio?

Akita Drilling TSX:AKT -0.26% 53 Cyclically Adjusted PS Ratio is 0.79 as of Sep. 04, 2026, which is 88% above its 10-year median of 0.42. GuruFocus rates TSX:AKT with a GF Score™ of 53/100 and a GF Value™ of C$2.12 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 707 Oil & Gas companies, Akita Drilling ranks better than 59.83% on this metric.

As of today (2026-09-04), Akita Drilling's current share price is C$3.89. Akita Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$4.93. Akita Drilling's Cyclically Adjusted PS Ratio for today is 0.79.

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

TSX:AKT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.42   Max: 1.28
Current: 0.79

During the past years, Akita Drilling's highest Cyclically Adjusted PS Ratio was 1.28. The lowest was 0.10. And the median was 0.42.

TSX:AKT's Cyclically Adjusted PS Ratio is ranked better than
59.83% of 707 companies
in the Oil & Gas industry
Industry Median: 1.08 vs TSX:AKT: 0.79

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.

Akita Drilling's adjusted revenue per share data for the three months ended in Jun. 2026 was C$1.210. 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 C$4.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akita Drilling  (TSX:AKT) 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.


Akita Drilling Cyclically Adjusted PS Ratio Related Terms


Akita Drilling Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Akita 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.

Akita Drilling Cyclically Adjusted PS Ratio Chart

Akita 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 0.37 0.43 0.33 0.49 0.44

Akita Drilling Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.43 0.44 0.44 0.88 0.79

TSX:AKT vs NE, RIG, VAL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Drilling subindustry, Akita 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.


Akita Drilling Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


TSX:AKT
53GF Score
Akita Drilling Ltd TSX:AKT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akita 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.89/4.93
=0.79

* 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.

Akita Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.21/133.5265*133.5265
=1.210

Current CPI (Jun. 2026) = 133.5265.

Akita Drilling Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.369 101.765 0.484
201612 0.490 101.449 0.645
201703 1.069 102.634 1.391
201706 1.002 103.029 1.299
201709 0.831 103.345 1.074
201712 1.065 103.345 1.376
201803 1.509 105.004 1.919
201806 0.964 105.557 1.219
201809 1.000 105.636 1.264
201812 1.301 105.399 1.648
201903 1.322 106.979 1.650
201906 0.988 107.690 1.225
201909 1.076 107.611 1.335
201912 1.056 107.769 1.308
202003 1.353 107.927 1.674
202006 0.665 108.401 0.819
202009 0.476 108.164 0.588
202012 0.527 108.559 0.648
202103 0.686 110.298 0.830
202106 0.471 111.720 0.563
202109 0.755 112.905 0.893
202112 0.868 113.774 1.019
202203 1.136 117.646 1.289
202206 1.085 120.806 1.199
202209 1.338 120.648 1.481
202212 1.434 120.964 1.583
202303 1.623 122.702 1.766
202306 1.460 124.203 1.570
202309 1.367 125.230 1.458
202312 1.174 125.072 1.253
202403 1.155 126.258 1.221
202406 0.965 127.522 1.010
202409 1.145 127.285 1.201
202412 1.565 127.364 1.641
202503 1.617 129.181 1.671
202506 1.224 129.892 1.258
202509 1.101 130.287 1.128
202512 1.034 130.366 1.059
202603 1.380 132.262 1.393
202606 1.210 133.527 1.210

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 0.79 mean?
Akita Drilling (TSX:AKT) has a Cyclically Adjusted PS Ratio of 0.79 as of Sep. 04, 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 Akita Drilling and its competitors. This is 88% above median its historical median of 0.42. Over the past decade, Akita Drilling's Cyclically Adjusted PS Ratio has ranged from 0.10 to 1.28. According to the industry distribution chart, Akita Drilling ranks #284 out of 707 companies in the Oil & Gas industry, placing it in the top 40.2%.
Is Akita Drilling's Cyclically Adjusted PS Ratio too high?
Akita Drilling's current Cyclically Adjusted PS Ratio of 0.79 is 88% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.28. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.08. Akita Drilling's value of 0.79 is 26.9% below this industry median. Based on the distribution chart, Akita Drilling ranks #284 out of 707 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Akita Drilling has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Cyclically Adjusted PS Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Akita Drilling ranks #284 out of 707 companies for Cyclically Adjusted PS Ratio. This puts Akita Drilling in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.08. Akita Drilling's value of 0.79 is 26.9% below this benchmark. Historically, Akita Drilling's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 1.28 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.08, Akita 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 1.08, 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. Akita Drilling's current Cyclically Adjusted PS Ratio of 0.79 is 26.9% 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 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 Akita Drilling and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akita Drilling's current Cyclically Adjusted PS Ratio is 0.79, which is 88% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (TSX:AKT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.12, compared to a current price of C$3.89 — trading 83.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.79, which is 88% above median its 10-year median of 0.42 and 26.9% below the Oil & Gas industry median of 1.08. Akita Drilling's overall GF Score™ is 53/100 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 Akita Drilling (TSX:AKT), the current Cyclically Adjusted PS Ratio is 0.79 as of Sep. 04, 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 Akita Drilling (TSX:AKT) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of C$3.89 is trading 83.5% above its estimated GF Value™ of C$2.12. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for TSX:AKT:

  • Cyclically Adjusted PS Ratio: 0.79 (88% above median its 10-year median of 0.42)
  • GF Value™: C$2.12 vs. price of C$3.89 (83.5% above fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 26.9% below the Oil & Gas median (#284 of 707)

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


Akita Drilling Business Description

Industry EnergyOil & Gas
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
53GF Score

Get the complete analysis for TSX:AKT

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

C$3.89
Price
C$2.12
GF Value