AKITA Drilling Ltd
AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada. AKITA Drill… Read more
Market Cap & Net Worth: AKITA Drilling Ltd (AKTAF)
AKITA Drilling Ltd (PINK:AKTAF) has a market capitalization of $48.06 Million ($48.06 Million) as of March 19, 2026. Listed on the PINK stock exchange, this USA-based company holds position #22543 globally and #7968 in its home market, demonstrating a -5.60% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying AKITA Drilling Ltd's stock price $1.27 by its total outstanding shares 37996041 (38.00 Million).
AKITA Drilling Ltd Market Cap History: 2015 to 2025
AKITA Drilling Ltd's market capitalization history from 2015 to 2025. Data shows change from $126.08 Million to $48.06 Million (-12.29% CAGR).
AKITA Drilling Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how AKITA Drilling Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.23x
AKITA Drilling Ltd's market cap is 0.23 times its annual revenue
0.82x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
3.40x
AKITA Drilling Ltd's market cap is 3.40 times its annual earnings
2.73x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $126.08 Million | $112.49 Million | -$33.97 Million | 1.12x | N/A |
| 2016 | $195.04 Million | $61.06 Million | $5.33 Million | 3.19x | 36.60x |
| 2017 | $168.07 Million | $71.20 Million | -$39.18 Million | 2.36x | N/A |
| 2018 | $96.18 Million | $118.36 Million | -$15.94 Million | 0.81x | N/A |
| 2019 | $31.01 Million | $175.89 Million | -$19.88 Million | 0.18x | N/A |
| 2020 | $14.44 Million | $119.66 Million | -$93.27 Million | 0.12x | N/A |
| 2021 | $26.65 Million | $110.09 Million | -$20.99 Million | 0.24x | N/A |
| 2022 | $49.77 Million | $201.00 Million | $4.29 Million | 0.25x | 11.61x |
| 2023 | $39.14 Million | $225.48 Million | $18.41 Million | 0.17x | 2.13x |
| 2024 | $43.70 Million | $193.32 Million | $12.86 Million | 0.23x | 3.40x |
Competitor Companies of AKTAF by Market Capitalization
Companies near AKITA Drilling Ltd in the global market cap rankings as of March 19, 2026.
Key companies related to AKITA Drilling Ltd by market ranking:
- Transocean Ltd (NYSE:RIG): Ranked #2448 globally with a market cap of $5.97 Billion USD.
- Noble Corporation plc (NYSE:NE): Ranked #2458 globally with a market cap of $5.94 Billion USD.
- Patterson-UTI Energy Inc (NASDAQ:PTEN): Ranked #3888 globally with a market cap of $3.07 Billion USD.
- Helmerich and Payne Inc (NYSE:HP): Ranked #3912 globally with a market cap of $3.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2448 | Transocean Ltd | NYSE:RIG | $5.97 Billion | $6.58 |
| #2458 | Noble Corporation plc | NYSE:NE | $5.94 Billion | $47.64 |
| #3888 | Patterson-UTI Energy Inc | NASDAQ:PTEN | $3.07 Billion | $10.72 |
| #3912 | Helmerich and Payne Inc | NYSE:HP | $3.05 Billion | $35.61 |
AKITA Drilling Ltd Historical Marketcap From 2015 to 2025
Between 2015 and today, AKITA Drilling Ltd's market cap moved from $126.08 Million to $ 48.06 Million, with a yearly change of -12.29%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $48.06 Million | +10.00% |
| 2024 | $43.70 Million | +11.65% |
| 2023 | $39.14 Million | -21.37% |
| 2022 | $49.77 Million | +86.74% |
| 2021 | $26.65 Million | +84.61% |
| 2020 | $14.44 Million | -53.44% |
| 2019 | $31.01 Million | -67.76% |
| 2018 | $96.18 Million | -42.77% |
| 2017 | $168.07 Million | -13.83% |
| 2016 | $195.04 Million | +54.70% |
| 2015 | $126.08 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of AKITA Drilling Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $48.06 Million USD |
| MoneyControl | $48.06 Million USD |
| MarketWatch | $48.06 Million USD |
| marketcap.company | $48.06 Million USD |
| Reuters | $48.06 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.