Indian Oil (NSE:IOC) PB Ratio : 1.39 (As of May. 01, 2024)

View and export this data going back to 1996. Start your Free Trial

What is Indian Oil 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 (2024-05-01), Indian Oil's share price is ₹168.85. Indian Oil's Book Value per Share for the quarter that ended in Dec. 2023 was ₹121.13. Hence, Indian Oil's PB Ratio of today is 1.39.

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

NSE:IOC' s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 1.19 Max: 3.39
Current: 1.42

During the past 13 years, Indian Oil's highest PB Ratio was 3.39. The lowest was 0.67. And the median was 1.19.

NSE:IOC's PB Ratio is ranked worse than
56.72% of 989 companies
in the Oil & Gas industry
Industry Median: 1.24 vs NSE:IOC: 1.42

During the past 3 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indian Oil was 15.90% per year. The lowest was -1.20% per year. And the median was 9.20% per year.

Back to Basics: PB Ratio

Indian Oil PB Ratio Historical Data

The historical data trend for Indian Oil'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.

Indian Oil PB Ratio Chart

Indian Oil Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

1.36

0.81

0.77

0.82

0.77

Indian Oil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.73	-	0.77	0.75	-

Competitive Comparison of Indian Oil's PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Indian Oil'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.

Indian Oil's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Indian Oil's PB Ratio falls into.

Indian Oil 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.

Indian Oil's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	168.85	/	121.131
	=	1.39

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.

Indian Oil (NSE:IOC) 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.

Indian Oil PB Ratio Related Terms

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

Indian Oil (NSE:IOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indian Oil Corp Ltd (NSE:IOC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

530965:India

Address

J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110 049

Website

https://www.iocl.com

Indian Oil Corp Ltd conducts business across the energy value chain as India's national oil company. The Petroleum Products business generates the majority of the group's revenue. Indian Oil pursues exploration and production opportunities both domestically and internationally. Sale of Petrochemicals , Other operating segment of the Corporation comprises; Gas, Oil & Gas Exploration Activities, Explosives & Cryogenic Business and Wind Mill & Solar Power Generation. A network of pipelines in India not only transport oil from company fields but also to and from its refineries. The pipeline network spans across India and can move various petroleum products. The firm's refinery operations include a host of technologies for processing oil and gas to meet the needs of a diverse client base.