Independence Contract Drilling (Independence Contract Drilling) Median PS Value : $0.00 (As of Apr. 26, 2024)

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What is Independence Contract Drilling Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Independence Contract Drilling's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $15. Independence Contract Drilling's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-04-26), Independence Contract Drilling's share price is $1.86. Independence Contract Drilling's Median PS Value is $0.00. Therefore, Independence Contract Drilling's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Independence Contract Drilling's Median PS Value or its related term are showing as below:

ICD's Price-to-Median-PS-Value is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.88
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Independence Contract Drilling Median PS Value Historical Data

The historical data trend for Independence Contract Drilling's Median PS Value 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.

Independence Contract Drilling Median PS Value Chart

Independence Contract Drilling Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Median PS Value

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Independence Contract Drilling Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Median PS Value	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Independence Contract Drilling's Median PS Value

For the Oil & Gas Drilling subindustry, Independence Contract Drilling's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.

Independence Contract Drilling's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Independence Contract Drilling's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Independence Contract Drilling's Price-to-Median-PS-Value falls into.

Independence Contract Drilling Median PS Value Calculation

Independence Contract Drilling's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	15	*	0
	=	0.00

10-Year Median PS Ratio is 0.
Independence Contract Drilling's Revenue per Share 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 $15.

Independence Contract Drilling (NYSE:ICD) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Independence Contract Drilling's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	1.86	/	0.00
	=

Independence Contract Drilling Median PS Value Related Terms

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Independence Contract Drilling (Independence Contract Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independence Contract Drilling Inc (NYSE:ICD) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

20475 State Highway 249, Suite 300, Houston, TX, USA, 77070

Website

https://www.icdrilling.com

Independence Contract Drilling Inc is engaged in providing land-based contract drilling services for oil and natural gas producers. The company constructs its own and operates a premium land rig fleet. It develops and assembles its ShaleDriller series rig which is used for the development of oil and gas properties. The company's customers for contract drilling services in the United States include oil and natural gas companies, independent oil and natural gas companies, as well as various small to mid-sized publicly traded and privately held oil and gas companies.

Executives

Brian Berman	director	20475 STATE HIGHWAY 249, SUITE 300, HOUSTON TX 77070
Msd Capital L P	10 percent owner	1 VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017-5407
Msd Credit Opportunity Master Fund, L.p.	director, 10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Msd Pcof Partners Lxxiii, Llc	director, 10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Msd Private Credit Opportunity (non-eci) Fund, Llc	director, 10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Michael S Dell	10 percent owner	C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Msd Energy Investments, L.p.	10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Msd Partners, L.p.	director, 10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
William Monroe	10 percent owner	C/O HIGIER ALLEN & LAUTIN, P.C., 2711 N. HASKELL AVE., SUITE 2400, DALLAS TX 75204
James Minmier	director	777 N.W. 63RD ST., OKLAHOMA CITY OK 73116
Daniel F Mcnease	director	2800 POST OAK BLVD, STE 5450, HOUSTON TX 77056-6127
Barrett Robert J. Iv	director	20475 STATE HIGHWAY 249, SUITE 300, HOUSTON TX 77070
Vincent J Cebula	director	1301 AVENUE OF THE AMERICAS, 34 TH FLOOR, NEW YORK NY 10019
Christopher Gleysteen	director	ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Scott A. Keller	officer: SVP - SALES AND MARKETING	20475 SH 249, SUITE 300, HOUSTON TX 77070