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Akita Drilling (TSX:AKT.A) Shiller PE Ratio : (As of May. 05, 2025)


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What is Akita Drilling Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akita Drilling Shiller PE Ratio Historical Data

The historical data trend for Akita Drilling's Shiller PE Ratio 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.

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Akita Drilling Shiller PE Ratio Chart

Akita Drilling Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
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Akita Drilling Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Akita Drilling's Shiller PE Ratio

For the Oil & Gas Drilling subindustry, Akita Drilling's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Akita Drilling's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Akita Drilling's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Akita Drilling's Shiller PE Ratio falls into.


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Akita Drilling Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Akita Drilling's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Akita Drilling's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.24/127.3637*127.3637
=0.240

Current CPI (Dec. 2024) = 127.3637.

Akita Drilling Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.230 99.789 0.294
201506 -0.090 100.500 -0.114
201509 -0.420 100.421 -0.533
201512 -1.610 99.947 -2.052
201603 1.010 101.054 1.273
201606 -0.230 102.002 -0.287
201609 -0.260 101.765 -0.325
201612 -0.230 101.449 -0.289
201703 -0.280 102.634 -0.347
201706 -0.250 103.029 -0.309
201709 -0.210 103.345 -0.259
201712 -1.440 103.345 -1.775
201803 -0.110 105.004 -0.133
201806 -0.160 105.557 -0.193
201809 -0.240 105.636 -0.289
201812 -0.142 105.399 -0.172
201903 -0.040 106.979 -0.048
201906 -0.130 107.690 -0.154
201909 -0.140 107.611 -0.166
201912 -0.200 107.769 -0.236
202003 -1.320 107.927 -1.558
202006 -0.130 108.401 -0.153
202009 -0.210 108.164 -0.247
202012 -0.690 108.559 -0.810
202103 -0.090 110.298 -0.104
202106 -0.150 111.720 -0.171
202109 -0.160 112.905 -0.180
202112 -0.120 113.774 -0.134
202203 -0.070 117.646 -0.076
202206 -0.110 120.806 -0.116
202209 0.070 120.648 0.074
202212 0.220 120.964 0.232
202303 0.240 122.702 0.249
202306 0.150 124.203 0.154
202309 0.100 125.230 0.102
202312 -0.030 125.072 -0.031
202403 0.070 126.258 0.071
202406 -0.010 127.522 -0.010
202409 0.030 127.285 0.030
202412 0.240 127.364 0.240

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Akita Drilling  (TSX:AKT.A) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Akita Drilling Shiller PE Ratio Related Terms

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Akita Drilling Business Description

Traded in Other Exchanges
Address
333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company has two operating segments, Canada and the United States, providing contract drilling services primarily to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns The company owns and operates over 35 drilling rigs.

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