Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Precision Drilling's share price for the quarter that ended in Mar. 2026 was $98.4. Precision Drilling's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 13 Mil. Therefore, Precision Drilling's market cap for the quarter that ended in Mar. 2026 was $1,274 Mil.
Precision Drilling's quarterly market cap
increased
from Sep. 2025 ($742 Mil) to Dec. 2025 ($930 Mil) and
increased
from Dec. 2025 ($930 Mil) to Mar. 2026 ($1,274 Mil).
Precision Drilling's annual market cap
increased
from Dec. 2023 ($778 Mil) to Dec. 2024 ($842 Mil) and
increased
from Dec. 2024 ($842 Mil) to Dec. 2025 ($930 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Precision Drilling's Enterprise Value for Today is $1,500 Mil.
Precision Drilling (NYSE:PDS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Precision Drilling Market Cap Related Terms
Precision Drilling Market Cap Historical Data
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The historical data trend for Precision Drilling's Market Cap 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.
For the Oil & Gas Drilling subindustry, Precision Drilling's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Precision Drilling's Market Cap distribution charts can be found below:
* The bar in red indicates where Precision Drilling's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Precision Drilling's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (PDS) has a Market Cap of $1,011 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Precision Drilling and its competitors. According to the industry distribution chart, Precision Drilling ranks #319 out of 1043 companies in the Oil & Gas industry, placing it in the top 30.6%.
Is Precision Drilling's Market Cap too high?
Precision Drilling's current Market Cap is $1,011 Mil. The Oil & Gas industry median Market Cap is 208.26. Precision Drilling's value of $1,011 Mil is 385.5% above this industry median. Based on the distribution chart, Precision Drilling ranks #319 out of 1043 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 Market Cap compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Precision Drilling ranks #319 out of 1043 companies for Market Cap. This puts Precision Drilling in the upper half of its industry. The industry median Market Cap is 208.26. Precision Drilling's value of $1,011 Mil is 385.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 208.26, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Precision Drilling's current Market Cap of $1,011 Mil is 385.5% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Precision Drilling and its competitors. For the Oil & Gas industry, the median Market Cap is 208.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Drilling's current Market Cap is $1,011 Mil. 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 Market Cap is $1,011 Mil and 385.5% above the Oil & Gas industry median of 208.26. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Precision Drilling (PDS), the current Market Cap is $1,011 Mil 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:
Market Cap: $1,011 Mil
GF Value™: $65.81 vs. price of $77.56 (17.9% above fair value)
Industry Position: 385.5% above the Oil & Gas median (#319 of 1043)
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 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
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