PLSDF (Pulse Seismic) Altman Z-Score: 15.71 (As of Jun. 24, 2026) — 24% Above Median


PLSDF Pulse Seismic Inc PLSDF
81 GF Score
Price $2.37
GF Value $1.71
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Pulse Seismic Altman Z-Score?

Pulse Seismic PLSDF -1.66% 81 Altman Z-Score is 15.71 as of Jun. 24, 2026, which is 24% above its 10-year median of 12.63. GuruFocus rates PLSDF with a GF Score™ of 81/100 and a GF Value™ of $1.71 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 897 Oil & Gas companies, Pulse Seismic ranks better than 97.44% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 16.02 is strong.

Pulse Seismic has a Altman Z-Score of 15.71, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Pulse Seismic's Altman Z-Score or its related term are showing as below:

PLSDF' s Altman Z-Score Range Over the Past 10 Years
Min: -0.66   Med: 12.63   Max: 40.82
Current: 16.02

During the past 13 years, Pulse Seismic's highest Altman Z-Score was 40.82. The lowest was -0.66. And the median was 12.63.


Pulse Seismic  (OTCPK:PLSDF) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Pulse Seismic Altman Z-Score Related Terms


Pulse Seismic Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pulse Seismic's Altman Z-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.

Pulse Seismic Altman Z-Score Chart

Pulse Seismic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.32 31.92 4.94 21.74 22.92

Pulse Seismic Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 12.93 16.18 21.58 22.92 19.49

PLSDF vs SLB, BKR, HAL: Altman Z-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Pulse Seismic's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Pulse Seismic Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pulse Seismic's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Pulse Seismic's Altman Z-Score falls into.


PLSDF
81GF Score
Pulse Seismic Inc PLSDF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Pulse Seismic Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Pulse Seismic's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.6081+1.4*-3.8714+3.3*0.7882+0.6*26.5514+1.0*1.8728
=15.71

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $11.75 Mil.
Total Current Assets was $10.46 Mil.
Total Current Liabilities was $3.31 Mil.
Retained Earnings was $-45.49 Mil.
Pre-Tax Income was -1.298 + 1.935 + -0.973 + 9.589 = $9.25 Mil.
Interest Expense was -0.001 + -0.002 + -0.002 + -0.003 = $-0.01 Mil.
Revenue was 1.349 + 4.784 + 2.469 + 13.401 = $22.00 Mil.
Market Cap (Today) was $118.55 Mil.
Total Liabilities was $4.47 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(10.455 - 3.311)/11.749
=0.6081

X2=Retained Earnings/Total Assets
=-45.485/11.749
=-3.8714

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(9.253 - -0.008)/11.749
=0.7882

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=118.552/4.465
=26.5514

X5=Revenue/Total Assets
=22.003/11.749
=1.8728

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Pulse Seismic has a Altman Z-Score of 15.71 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 15.71 mean?
Pulse Seismic (PLSDF) has a Altman Z-Score of 15.71 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pulse Seismic and its competitors. This is 24% above median its historical median of 12.63. According to the industry distribution chart, Pulse Seismic ranks #23 out of 897 companies in the Oil & Gas industry, placing it in the top 2.6%.
Is Pulse Seismic's Altman Z-Score too high?
Pulse Seismic's current Altman Z-Score of 15.71 is 24% above median its 10-year median of 12.63. The Oil & Gas industry median Altman Z-Score is 1.91. Pulse Seismic's value of 15.71 is 722.5% above this industry median. Based on the distribution chart, Pulse Seismic ranks #23 out of 897 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Pulse Seismic has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pulse Seismic's Altman Z-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Pulse Seismic ranks #23 out of 897 companies for Altman Z-Score. This places Pulse Seismic in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.91. Pulse Seismic's value of 15.71 is 722.5% above this benchmark. While the company's 10-year median is 12.63 vs. the industry median of 1.91, Pulse Seismic has consistently been above 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 Altman Z-Score for an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.91, based on 897 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pulse Seismic's current Altman Z-Score of 15.71 is 722.5% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pulse Seismic and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulse Seismic's current Altman Z-Score is 15.71, which is 24% above median its own 10-year median of 12.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulse Seismic stock overvalued right now?
Based on GuruFocus' analysis, Pulse Seismic (PLSDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.71, compared to a current price of $2.37 — trading 38.6% above its estimated fair value. The current Altman Z-Score is 15.71, which is 24% above median its 10-year median of 12.63 and 722.5% above the Oil & Gas industry median of 1.91. Pulse Seismic's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Pulse Seismic (PLSDF), the current Altman Z-Score is 15.71 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 Pulse Seismic (PLSDF) Overvalued in 2026?

Based on GuruFocus' analysis, Pulse Seismic stock appears to be overvalued. The current stock price of $2.37 is trading 38.6% above its estimated GF Value™ of $1.71. GuruFocus considers Pulse Seismic to be Significantly Overvalued.

Key valuation signals for PLSDF:

  • Altman Z-Score: 15.71 (24% above median its 10-year median of 12.63)
  • GF Value™: $1.71 vs. price of $2.37 (38.6% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 722.5% above the Oil & Gas median (#23 of 897)

No single metric tells the full story. See the PLSDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pulse Seismic Business Description

Industry EnergyOil & Gas
Other Exchanges PUD:GermanyPSD:Canada
Address 421 - 7th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 4K9
Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.
81GF Score

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

$2.37
Price
$1.71
GF Value