PDS (Precision Drilling) Piotroski F-Score: 5 (As of Jun. 24, 2026) — Near Median


PDS Precision Drilling Corp PDS
70 GF Score
Price $77.56
GF Value $65.81
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Precision Drilling Piotroski F-Score?

Precision Drilling PDS -6.98% 70 Piotroski F-Score is 5 as of Jun. 24, 2026, which is at its 10-year median of 5.00. GuruFocus rates PDS with a GF Score™ of 70/100 and a GF Value™ of $65.81 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 974 Oil & Gas companies, Precision Drilling ranks better than 62.83% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Precision Drilling has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Precision Drilling's Piotroski F-Score or its related term are showing as below:

PDS' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Precision Drilling was 9. The lowest was 2. And the median was 5.

Precision Drilling  (NYSE:PDS) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Precision Drilling Piotroski F-Score Related Terms


Precision Drilling Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Precision Drilling's Piotroski F-Score 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 Piotroski F-Score Chart

Precision Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 7.00 8.00 6.00 6.00

Precision Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 5.00 5.00 6.00 6.00 5.00

PDS vs NE, RIG, VAL: Piotroski F-Score Comparison

For the Oil & Gas Drilling subindustry, Precision Drilling's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Precision Drilling's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Precision Drilling's Piotroski F-Score falls into.


PDS
70GF Score
Precision Drilling Corp PDS
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 11.902 + -4.887 + -30.573 + 12.665 = $-11 Mil.
Cash Flow from Operations was 107.913 + 54.842 + 91.42 + 46.031 = $300 Mil.
Revenue was 297.494 + 334.141 + 346.871 + 383.419 = $1,362 Mil.
Gross Profit was 242.725 + 276.683 + 282.7 + 321.954 = $1,124 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2031.195 + 2006.758 + 2024.646 + 1976.578 + 2003.028) / 5 = $2008.441 Mil.
Total Assets at the begining of this year (Mar25) was $2,031 Mil.
Long-Term Debt & Capital Lease Obligation was $520 Mil.
Total Current Assets was $368 Mil.
Total Current Liabilities was $216 Mil.
Net Income was 15.105 + 28.926 + 10.385 + 24.039 = $78 Mil.

Revenue was 313.181 + 352.248 + 328.61 + 345.731 = $1,340 Mil.
Gross Profit was 259.318 + 296.827 + 270.907 + 293.463 = $1,121 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2214.189 + 2126.62 + 2131.992 + 2075.044 + 2031.195) / 5 = $2115.808 Mil.
Total Assets at the begining of last year (Mar24) was $2,214 Mil.
Long-Term Debt & Capital Lease Obligation was $432 Mil.
Total Current Assets was $335 Mil.
Total Current Liabilities was $366 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Precision Drilling's current Net Income (TTM) was -11. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Precision Drilling's current Cash Flow from Operations (TTM) was 300. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-10.893/2031.195
=-0.00536285

ROA (Last Year)=Net Income/Total Assets (Mar24)
=78.455/2214.189
=0.03543284

Precision Drilling's return on assets of this year was -0.00536285. Precision Drilling's return on assets of last year was 0.03543284. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Precision Drilling's current Net Income (TTM) was -11. Precision Drilling's current Cash Flow from Operations (TTM) was 300. ==> 300 > -11 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=519.998/2008.441
=0.25890629

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=431.527/2115.808
=0.20395376

Precision Drilling's gearing of this year was 0.25890629. Precision Drilling's gearing of last year was 0.20395376. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=368.1/216.424
=1.700828

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=335.129/366.498
=0.91440881

Precision Drilling's current ratio of this year was 1.700828. Precision Drilling's current ratio of last year was 0.91440881. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Precision Drilling's number of shares in issue this year was 12.941. Precision Drilling's number of shares in issue last year was 14.287. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1124.062/1361.925
=0.82534795

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1120.515/1339.77
=0.83634878

Precision Drilling's gross margin of this year was 0.82534795. Precision Drilling's gross margin of last year was 0.83634878. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1361.925/2031.195
=0.67050431

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1339.77/2214.189
=0.60508385

Precision Drilling's asset turnover of this year was 0.67050431. Precision Drilling's asset turnover of last year was 0.60508385. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+0+1+1+0+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Precision Drilling has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Precision Drilling (PDS) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Precision Drilling and its competitors. This is near median its historical median of 5.00. Over the past decade, Precision Drilling's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Precision Drilling ranks #362 out of 974 companies in the Oil & Gas industry, placing it in the top 37.2%.
Is Precision Drilling's Piotroski F-Score too high?
Precision Drilling's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Precision Drilling's value of 5 is 0% at this industry median. Based on the distribution chart, Precision Drilling ranks #362 out of 974 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Precision Drilling has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's Piotroski F-Score compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Precision Drilling ranks #362 out of 974 companies for Piotroski F-Score. This puts Precision Drilling in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Precision Drilling's value of 5 is 0% at this benchmark. Historically, Precision Drilling's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Precision Drilling has consistently been at 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 Piotroski F-Score for an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 974 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Precision Drilling's current Piotroski F-Score of 5 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Precision Drilling and its competitors. For the Oil & Gas industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Drilling's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. 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 $65.81, compared to a current price of $77.56 — trading 17.9% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Oil & Gas industry median of 5.00. Precision Drilling's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Precision Drilling (PDS), the current Piotroski F-Score is 5 as of Jun. 24, 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 $77.56 is trading 17.9% above its estimated GF Value™ of $65.81. GuruFocus considers Precision Drilling to be Modestly Overvalued.

Key valuation signals for PDS:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: $65.81 vs. price of $77.56 (17.9% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 0% at the Oil & Gas median (#362 of 974)

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.
70GF Score

Get the complete analysis for PDS

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

$77.56
Price
$65.81
GF Value