Should Value Investors Buy Precision Drilling (PDS) Stock?

Another notable valuation metric for PDS is its P/B ratio of 0.6. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 0.87. Over the past 12 months, PDS's P/B has been as high as 0.89 and as low as 0.43, with a median of 0.62. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefer ...