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OIL COUNTRY TUBULAR
PB (Price/Book ) Ratio

The Current P/B Ratio of OIL COUNTRY TUBULAR is 9.44.

Share Price ₹57.1Jun 04,2026
Market Cap ₹296.9 Cr
Book Value₹31.5 CrMar2026 - Standalone Results
Price/Book 9.44xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of OIL COUNTRY TUBULAR

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of OIL COUNTRY TUBULAR is calculated as :

Current Market Cap [ ₹296.9 Cr] as on Jun 04,2026

(/) Book Value [ ₹31.5 Cr] based on Mar2026 - Standalone Results

(=) P/B Ratio [ 9.44x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for OIL COUNTRY TUBULAR , the investors are currently willing to pay '9.44 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 COUNTRY TUBULAR !

The chart below summarizes the trend in P/B Ratio of OIL COUNTRY TUBULAR over the last five years.

Historical PB (Price/Book ) ratio chart of OIL COUNTRY TUBULAR


PB Ratio Performance Analysis for OIL COUNTRY TUBULAR

- OIL COUNTRY TUBULAR 's latest p/b ratio is 9.44x.

- OIL COUNTRY TUBULAR 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged -0.94x.

- OIL COUNTRY TUBULAR 's operated at median p/b ratio of -0.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OIL COUNTRY TUBULAR 's p/b ratio peaked in Mar2025 at 7.26x.

- OIL COUNTRY TUBULAR 's p/b ratio hit its five-year low in Mar2024 of -5.64x.


How does OIL COUNTRY TUBULAR 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
OIL COUNTRY TUBULAR 31.479.44296.9
JSW STEEL LTD79,083.004.02318,044.0
TATA STEEL LTD102,168.002.57262,839.0
STEEL AUTHORITY OF INDIA LTD60,355.901.3581,371.4
JINDAL STAINLESS LTD19,791.302.9057,396.1
APL APOLLO TUBES LTD5,296.539.4850,210.4
WELSPUN CORP LTD9,155.564.0436,996.6
SHYAM METALICS AND ENERGY LTD11,522.802.4327,981.6
GODAWARI POWER AND ISPAT LTD5,691.573.3819,247.2
SARDA ENERGY & MINERALS LTD6,286.432.9918,771.3
RATNAMANI METALS & TUBES LTD4,110.624.4918,474.5

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs OIL COUNTRY TUBULAR 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.35x
Max industry PB 9.48x
Median industry PB 3.38x
Average industry PB 4.28x



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