OIL & NATURAL GAS CORPORATION
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The Current P/B Ratio of OIL & NATURAL GAS CORPORATION is 0.79.
| Share Price | ₹232.9 | Aug 26,2026 |
| Market Cap | ₹292,995.2 Cr | |
| Book Value | ₹371,768.0 Cr | Mar2026 - Consolidated Results |
| Price/Book | 0.79x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of OIL & NATURAL GAS CORPORATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹292,995.2 Cr] as on Aug 26,2026
(/) Book Value [ ₹371,768.0 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 0.79x ]
Thus, for OIL & NATURAL GAS CORPORATION , the investors are currently willing to pay '0.79 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of OIL & NATURAL GAS CORPORATION !
The chart below summarizes the trend in P/B Ratio of OIL & NATURAL GAS CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of OIL & NATURAL GAS CORPORATION
PB Ratio Performance Analysis for OIL & NATURAL GAS CORPORATION
- OIL & NATURAL GAS CORPORATION 's p/b ratio for fiscal years ending Mar2026 to Mar2022 averaged 0.86x.
- OIL & NATURAL GAS CORPORATION 's operated at median p/b ratio of 0.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OIL & NATURAL GAS CORPORATION 's p/b ratio peaked in Mar2024 at 0.99x.
- OIL & NATURAL GAS CORPORATION 's p/b ratio hit its five-year low in Mar2023 of 0.67x.
How does OIL & NATURAL GAS CORPORATION 's P/B Ratio benchmark against top 10 peers in Oil Exploration Industry?
| Peer Comparison (Oil Exploration Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| OIL & NATURAL GAS CORPORATION | 371,768.00 | 0.79 | 292,995.2 |
| OIL INDIA LTD | 57,998.40 | 1.32 | 76,304.2 |
| DEEP INDUSTRIES LTD | 1,999.16 | 2.13 | 4,254.1 |
| HINDUSTAN OIL EXPLORATION COMPANY LTD | 1,384.71 | 1.51 | 2,088.1 |
| JINDAL DRILLING & INDUSTRIES LTD | 1,820.23 | 1.01 | 1,832.5 |
| ASIAN ENERGY SERVICES LTD | 494.15 | 4.71 | 2,328.3 |
| GUJARAT NATURAL RESOURCES LTD | 208.30 | 7.35 | 1,531.0 |
| ABAN OFFSHORE LTD | -22,319.90 | 0.00 | 91.2 |
Oil Exploration Industry Benchmark (Top 10) PB Analysis vs OIL & NATURAL GAS CORPORATION 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.00x |
| Max industry PB | 7.35x |
| Median industry PB | 1.51x |
| Average industry PB | 2.35x |
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