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Precision Drilling (TSX:PD) EV-to-EBITDA

: 4.71 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Precision Drilling's enterprise value is C$2,314 Mil. Precision Drilling's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$491 Mil. Therefore, Precision Drilling's EV-to-EBITDA for today is 4.71.

The historical rank and industry rank for Precision Drilling's EV-to-EBITDA or its related term are showing as below:

TSX:PD' s EV-to-EBITDA Range Over the Past 10 Years
Min: -63.31   Med: 7.82   Max: 66.27
Current: 4.71

During the past 13 years, the highest EV-to-EBITDA of Precision Drilling was 66.27. The lowest was -63.31. And the median was 7.82.

TSX:PD's EV-to-EBITDA is ranked better than
61.88% of 787 companies
in the Oil & Gas industry
Industry Median: 6.18 vs TSX:PD: 4.71

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-16), Precision Drilling's stock price is C$95.04. Precision Drilling's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$18.460. Therefore, Precision Drilling's PE Ratio for today is 5.15.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Precision Drilling EV-to-EBITDA Historical Data

The historical data trend for Precision Drilling's EV-to-EBITDA 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 4.76 9.49 7.26 3.06

Precision Drilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 7.26 4.19 3.25 4.44 3.06

Competitive Comparison

For the Oil & Gas Drilling subindustry, Precision Drilling's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution

For the Oil & Gas industry and Energy sector, Precision Drilling's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Precision Drilling's EV-to-EBITDA falls into.



Precision Drilling EV-to-EBITDA Calculation

Precision Drilling's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2314.050/490.974
=4.71

Precision Drilling's current Enterprise Value is C$2,314 Mil.
Precision Drilling's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$491 Mil.

* 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  (TSX:PD) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Precision Drilling's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=95.04/18.460
=5.15

Precision Drilling's share price for today is C$95.04.
Precision Drilling's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$18.460.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Precision Drilling EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Precision Drilling's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Precision Drilling (TSX:PD) Business Description

Traded in Other Exchanges
Address
150 6th Avenue SW, Suite 4200, Calgary, AB, CAN, T2P3Y7
Precision Drilling Corpd 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.