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Precision Drilling (TSX:PD) Cyclically Adjusted Revenue per Share : C$113.40 (As of Mar. 2025)


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What is Precision Drilling Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2025 was C$34.740. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is C$113.40 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Precision Drilling's average Cyclically Adjusted Revenue Growth Rate was -3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Precision Drilling was 16.60% per year. The lowest was -7.30% per year. And the median was -0.80% per year.

As of today (2025-05-05), Precision Drilling's current stock price is C$59.66. Precision Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was C$113.40. Precision Drilling's Cyclically Adjusted PS Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Precision Drilling was 1.15. The lowest was 0.07. And the median was 0.63.


Precision Drilling Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Precision Drilling's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Precision Drilling Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.28 118.14 119.39 118.37 113.17

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 Revenue per Share 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 117.28 117.27 115.17 113.17 113.40

Competitive Comparison of Precision Drilling's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=34.74/128.7859*128.7859
=34.740

Current CPI (Mar. 2025) = 128.7859.

Precision Drilling Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 22.841 100.500 29.270
201509 24.859 100.421 31.881
201512 23.553 99.947 30.349
201603 20.601 101.054 26.255
201606 11.188 102.002 14.126
201609 14.573 101.765 18.443
201612 20.642 101.449 26.204
201703 25.145 102.634 31.552
201706 19.838 103.029 24.798
201709 21.450 103.345 26.731
201712 23.679 103.345 29.508
201803 27.350 105.004 33.544
201806 22.538 105.557 27.498
201809 26.041 105.636 31.748
201812 29.070 105.399 35.520
201903 28.917 106.979 34.811
201906 24.469 107.690 29.262
201909 25.651 107.611 30.698
201912 25.701 107.769 30.713
202003 27.557 107.927 32.883
202006 13.839 108.401 16.441
202009 12.010 108.164 14.300
202012 14.743 108.559 17.490
202103 17.544 110.298 20.485
202106 15.135 111.720 17.447
202109 19.078 112.905 21.761
202112 19.771 113.774 22.380
202203 26.066 117.646 28.534
202206 23.993 120.806 25.578
202209 28.539 120.648 30.464
202212 37.712 120.964 40.151
202303 37.645 122.702 39.512
202306 28.862 124.203 29.927
202309 32.825 125.230 33.757
202312 30.582 125.072 31.490
202403 36.627 126.258 37.360
202406 29.817 127.522 30.113
202409 32.045 127.285 32.423
202412 33.477 127.364 33.851
202503 34.740 128.786 34.740

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


Precision Drilling  (TSX:PD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=59.66/113.40
=0.53

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Precision Drilling was 1.15. The lowest was 0.07. And the median was 0.63.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Precision Drilling Cyclically Adjusted Revenue per Share Related Terms

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


Precision Drilling Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Precision Drilling Corp (TSX:PD) » Definitions » Cyclically Adjusted Revenue per Share
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.