Bharat Petroleum (BOM:500547) PB Ratio : 1.77 (As of May. 17, 2024)

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What is Bharat Petroleum PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-17), Bharat Petroleum's share price is ₹618.65. Bharat Petroleum's Book Value per Share for the quarter that ended in Mar. 2024 was ₹348.67. Hence, Bharat Petroleum's PB Ratio of today is 1.77.

The historical rank and industry rank for Bharat Petroleum's PB Ratio or its related term are showing as below:

BOM:500547' s PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.79 Max: 2.81
Current: 1.77

During the past 13 years, Bharat Petroleum's highest PB Ratio was 2.81. The lowest was 1.02. And the median was 1.79.

BOM:500547's PB Ratio is ranked worse than
66.23% of 986 companies
in the Oil & Gas industry
Industry Median: 1.245 vs BOM:500547: 1.77

During the past 12 months, Bharat Petroleum's average Book Value Per Share Growth Rate was 40.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bharat Petroleum was 18.30% per year. The lowest was 3.60% per year. And the median was 11.05% per year.

Back to Basics: PB Ratio

Bharat Petroleum PB Ratio Historical Data

The historical data trend for Bharat Petroleum's PB 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.

* Premium members only.

Bharat Petroleum PB Ratio Chart

Bharat Petroleum Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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1.88

1.73

1.50

1.39

1.73

Bharat Petroleum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.39	-	1.06	-	1.73

Competitive Comparison of Bharat Petroleum's PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Bharat Petroleum's PB Ratio, along with its competitors' market caps and PB 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.

Bharat Petroleum's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bharat Petroleum's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Petroleum's PB Ratio falls into.

Bharat Petroleum PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Bharat Petroleum's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	618.65	/	348.669
	=	1.77

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Bharat Petroleum (BOM:500547) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Bharat Petroleum PB Ratio Related Terms

Thank you for viewing the detailed overview of Bharat Petroleum's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Bharat Petroleum (BOM:500547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bharat Petroleum Corp Ltd (BOM:500547) » Definitions » PB Ratio

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BPCL:India

Address

4 and 6 Currimbhoy Road, Ballard Estate, Bharat Bhavan, P.O. Box No. 668, Mumbai, MH, IND, 400001

Website

https://www.bharatpetroleum.in

Bharat Petroleum Corp Ltd operates several refineries in India, while also marketing and distributing petroleum by-products. Operations are divided into the business segments: Downstream Petroleum (majority of revenue) and Exploration and Production of hydorcarbons. Downstream Petroleum operations include the refineries that produce liquefied petroleum gas, aromatics, kerosene, fuel oil, furnace oil, and bitumen. Bharat's petroleum by-products are often commanded by consumers in aviation, autos, maritime, and many other industrial segments. The Downstream Petroleum operations also include the network of retail service stations across India.

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