OIL & NATURAL GAS CORPORATION  
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The Current P/B Ratio of OIL & NATURAL GAS CORPORATION  is 0.94.
                
| Share Price | ₹257.5 | Nov 03,2025 | 
| Market Cap | ₹323,942.7 Cr | |
| Book Value | ₹343,440.0 Cr | Mar2025 - Consolidated Results | 
| Price/Book | 0.94x | 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 [ ₹323,942.7 Cr] as on Nov 03,2025                     
                    (/) Book Value [ ₹343,440.0 Cr] based on Mar2025 - Consolidated Results
                                    
                
                (=) P/B Ratio [ 0.94x ]
            
Thus, for OIL & NATURAL GAS CORPORATION , the investors are currently willing to pay '0.94 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 Mar2025 to Mar2021 averaged 0.79x.
- OIL & NATURAL GAS CORPORATION 's operated at median p/b ratio of 0.79x 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 Mar2021 of 0.58x.
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 | 343,440.00 | 0.94 | 323,942.7 | 
| OIL INDIA LTD | 49,767.70 | 1.43 | 71,074.6 | 
| DEEP INDUSTRIES LTD | 1,819.60 | 1.76 | 3,210.6 | 
| HINDUSTAN OIL EXPLORATION COMPANY LTD | 1,321.26 | 1.52 | 2,003.5 | 
| JINDAL DRILLING & INDUSTRIES LTD | 1,588.20 | 1.07 | 1,702.9 | 
| ASIAN ENERGY SERVICES LTD | 357.71 | 4.16 | 1,488.8 | 
| SELAN EXPLORATION TECHNOLOGY LTD | 466.13 | 4.33 | 2,017.3 | 
| GUJARAT NATURAL RESOURCES LTD | 149.76 | 9.53 | 1,427.9 | 
| ABAN OFFSHORE LTD | -25,402.00 | -0.01 | 231.7 | 
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 | -0.01x | 
| Max industry PB | 9.53x | 
| Median industry PB | 1.52x | 
| Average industry PB | 2.75x | 
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