Precision Drilling (FRA:PRE1) E10: €-3.09 (As of Mar. 2026)


FRA:PRE1 Precision Drilling Corp FRA:PRE1
72 GF Score
Price €67.00
GF Value €57.61
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Precision Drilling E10?

Precision Drilling FRA:PRE1 -1.47% 72 E10 is €-3.09 as of Mar. 2026. GuruFocus rates FRA:PRE1 with a GF Score™ of 72/100 and a GF Value™ of €57.61 (Modestly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Precision Drilling's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.845. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-3.09 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 14.60% per year. During the past 5 years, the average E10 Growth Rate was -5.10% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Precision Drilling was 17.20% per year. The lowest was -77.60% per year. And the median was -4.60% per year.

As of today (2026-07-01), Precision Drilling's current stock price is €67.00. Precision Drilling's E10 for the quarter that ended in Mar. 2026 was €-3.09. Precision Drilling's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Precision Drilling was 49.43. The lowest was 6.56. And the median was 12.09.


Precision Drilling  (FRA:PRE1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Precision Drilling was 49.43. The lowest was 6.56. And the median was 12.09.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Precision Drilling E10 Related Terms


Precision Drilling E10 Historical Data

* Premium members only.

The historical data trend for Precision Drilling's E10 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 E10 Chart

Precision Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.78 -5.78 -5.71 -5.14 -3.14

Precision Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 -5.15 -4.96 -4.45 -3.14 -3.09

FRA:PRE1 vs NE, RIG, VAL: E10 Comparison

For the Oil & Gas Drilling subindustry, Precision Drilling's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Precision Drilling's Shiller PE Ratio falls into.


FRA:PRE1
72GF Score
Precision Drilling Corp FRA:PRE1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precision Drilling E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.845/132.2623*132.2623
=0.845

Current CPI (Mar. 2026) = 132.2623.

Precision Drilling Quarterly Data

per share eps CPI Adj_EPS
201606 -2.761 102.002 -3.580
201609 -2.175 101.765 -2.827
201612 -1.421 101.449 -1.853
201703 -1.118 102.634 -1.441
201706 -1.607 103.029 -2.063
201709 -1.230 103.345 -1.574
201712 -2.118 103.345 -2.711
201803 -0.752 105.004 -0.947
201806 -2.087 105.557 -2.615
201809 -1.315 105.636 -1.646
201812 -8.897 105.399 -11.165
201903 1.059 106.979 1.309
201906 -0.666 107.690 -0.818
201909 -0.137 107.611 -0.168
201912 -0.051 107.769 -0.063
202003 -0.246 107.927 -0.301
202006 -2.333 108.401 -2.847
202009 -1.335 108.164 -1.632
202012 -1.758 108.559 -2.142
202103 -1.804 110.298 -2.163
202106 -3.878 111.720 -4.591
202109 -1.919 112.905 -2.248
202112 -1.417 113.774 -1.647
202203 -2.331 117.646 -2.621
202206 -1.337 120.806 -1.464
202209 1.537 120.648 1.685
202212 0.188 120.964 0.206
202303 3.802 122.702 4.098
202306 1.132 124.203 1.205
202309 1.004 125.230 1.060
202312 6.705 125.072 7.090
202403 1.720 126.258 1.802
202406 0.976 127.522 1.012
202409 1.536 127.285 1.596
202412 0.711 127.364 0.738
202503 1.418 129.181 1.452
202506 0.679 129.892 0.691
202509 -0.289 130.287 -0.293
202512 -2.000 130.366 -2.029
202603 0.845 132.262 0.845

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €-3.09 mean?
Precision Drilling (FRA:PRE1) has a E10 of €-3.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Precision Drilling and its competitors.
Is Precision Drilling's E10 too high?
Precision Drilling's current E10 is €-3.09. Overall, Precision Drilling has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's E10 compare to NE and RIG?
Precision Drilling's E10 of €-3.09 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Precision Drilling and its competitors. Precision Drilling's current E10 is €-3.09. 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 (FRA:PRE1) is currently considered Modestly Overvalued. The stock's GF Value™ is €57.61, compared to a current price of €67.00 — trading 16.3% above its estimated fair value. The current E10 is €-3.09. Precision Drilling's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Precision Drilling (FRA:PRE1), the current E10 is €-3.09 as of Mar. 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 (FRA:PRE1) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued. The current stock price of €67.00 is trading 16.3% above its estimated GF Value™ of €57.61. GuruFocus considers Precision Drilling to be Modestly Overvalued.

Key valuation signals for FRA:PRE1:

  • E10: €-3.09
  • GF Value™: €57.61 vs. price of €67.00 (16.3% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the FRA:PRE1 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 PDS:USAPD: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.
72GF Score

Get the complete analysis for FRA:PRE1

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€67.00
Price
€57.61
GF Value