Precision Drilling Corporation
PDS
Precision Drilling Corporation (PDS) - P/B ratio
P/B ratio as of May 2024 : 0.8506
According to Precision Drilling Corporation's latest financial reports the company has a price-to-book ratio of 0.8506.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Precision Drilling Corporation - P/B ratio (from 2005 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.6643 | -41.72% |
| 2022-12-31 | 1.14 | 135.02% |
| 2021-12-31 | 0.4849 | 137.9% |
| 2020-12-31 | 0.2038 | -37.96% |
| 2019-12-31 | 0.3285 | -26.5% |
| 2018-12-31 | 0.4470 | -27.64% |
| 2017-12-31 | 0.6178 | -43.32% |
| 2016-12-31 | 1.09 | 44.36% |
| 2015-12-31 | 0.7551 | -10.8% |
| 2014-12-31 | 0.8465 | -30% |
| 2013-12-31 | 1.21 | 15.59% |
| 2012-12-31 | 1.05 | -23.03% |
| 2011-12-31 | 1.36 | -0.68% |
| 2010-12-31 | 1.37 | 66.92% |
| 2009-12-31 | 0.8198 | 23.86% |
| 2008-12-31 | 0.6619 | -51.33% |
| 2007-12-31 | 1.36 | -47.61% |
| 2006-12-31 | 2.60 | -38.07% |
| 2005-12-31 | 4.19 | |
| 2004-12-31 | N/A | |
| 2003-12-31 | N/A | |
| 2002-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Helmerich & Payne
HP | 1.33 | 56.80% | 🇺🇸 USA |
 Patterson-UTI Energy PTEN | 0.8859 | 4.14% | 🇺🇸 USA |
 Nabors Industries
NBR | 0.5241 | -38.39% | 🇧🇲 Bermuda |