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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-04), Precision Drilling's 12-1 Month Momentum % is 39.59%.
The industry rank for Precision Drilling's 12-1 Month Momentum % or its related term are showing as below:
TSX:PD's 12-1 Month Momentum % is ranked better than 74.07% of 1018
companies
in the Oil & Gas industry
Industry Median: 8.8
vs TSX:PD: 39.59
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Precision Drilling 12-1 Month Momentum % Related Terms
TSX:PD vs NE, RIG, VAL: 12-1 Month Momentum % Comparison
For the Oil & Gas Drilling subindustry, Precision Drilling's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Precision Drilling's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Precision Drilling's 12-1 Month Momentum % falls into.
* 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) has a 12-1 Month Momentum % of 39.59% as of Aug. 04, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Precision Drilling and its competitors. According to the industry distribution chart, Precision Drilling ranks #264 out of 1018 companies in the Oil & Gas industry, placing it in the top 25.9%.
Is Precision Drilling's 12-1 Month Momentum % too high?
Precision Drilling's current 12-1 Month Momentum % is 39.59%. The Oil & Gas industry median 12-1 Month Momentum % is 8.80. Precision Drilling's value of 39.59% is 349.9% above this industry median. Based on the distribution chart, Precision Drilling ranks #264 out of 1018 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Precision Drilling has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's 12-1 Month Momentum % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Precision Drilling ranks #264 out of 1018 companies for 12-1 Month Momentum %. This puts Precision Drilling in the upper half of its industry. The industry median 12-1 Month Momentum % is 8.80. Precision Drilling's value of 39.59% is 349.9% 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 12-1 Month Momentum % for an Oil & Gas company?
The median 12-1 Month Momentum % among Oil & Gas companies is 8.80, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Precision Drilling's current 12-1 Month Momentum % of 39.59% is 349.9% 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 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Precision Drilling and its competitors. For the Oil & Gas industry, the median 12-1 Month Momentum % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Drilling's current 12-1 Month Momentum % is 39.59%. 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 (TSX:PD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$98.60, compared to a current price of C$109.00 — trading 10.5% above its estimated fair value. The current 12-1 Month Momentum % is 39.59% and 349.9% above the Oil & Gas industry median of 8.80. Precision Drilling's overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Precision Drilling (TSX:PD), the current 12-1 Month Momentum % is 39.59% as of Aug. 04, 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 (TSX:PD) Overvalued in 2026?
Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued.
The current stock price of C$109.00 is trading 10.5% above its estimated GF Value™ of C$98.60.
GuruFocus considers Precision Drilling to be Modestly Overvalued.
Key valuation signals for TSX:PD:
12-1 Month Momentum %: 39.59%
GF Value™: C$98.60 vs. price of C$109.00 (10.5% above fair value)
Industry Position: 349.9% above the Oil & Gas median (#264 of 1018)
No single metric tells the full story. See the TSX:PD 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.
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