Oil & Natural Gas Corporation P/B Ratio
Oil & Natural Gas Corporation P/B ratio. Oil & Natural Gas Corporation (ONGC) P/B ratio is 0.74 (Low), book value per share ₹651.34 vs Oil & Gas average P/B of 4.16 — Low - Trading below book value, may indicate undervaluation. For live price, earnings yield and the full fundamental profile, see Oil & Natural Gas Corporation share price screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ONGC P/B Ratio — Valuation Insights & Book Value Analysis
Oil & Natural Gas Corporation price-to-book ratio interpretation, valuation status and historical context — current P/B 0.74 (Low). View ONGC price range for the annual high/low range and current price position.
- Stock appears undervalued with PB of 0.74, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 95.8% above historical average
- Trading at discount to sector average PB of 4.16
Oil & Natural Gas Corporation P/B Ratio Historical Trend
ONGC annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Analyse Oil & Natural Gas Corporation ownership structure to track promoter, FII and institutional holdings.
ONGC Historical P/B Ratio — Book Value Per Share & Year-End Price
Oil & Natural Gas Corporation annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.34 | ₹651.34 | ₹221.27 | ₹409,693 | Low |
| 2025 | 0.4 | ₹594.97 | ₹240.38 | ₹374,235 | Low |
| 2024 | 0.42 | ₹571.74 | ₹239.25 | ₹359,624 | Low |
| 2023 | 0.42 | ₹478.94 | ₹200.15 | ₹301,255 | Low |
| 2022 | 0.31 | ₹450.44 | ₹139.10 | ₹283,328 | Low |
ONGC vs Oil & Gas Peers — P/B Ratio Comparison
Oil & Natural Gas Corporation P/B 0.74 vs Oil & Gas average 4.16, median 1.97 — range -0.01–21.23.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aban Offshore | ABAN | -0.01 | ₹151 | Low |
| DHP India | DHPIND | 0.64 | ₹149 | Low |
| Alphageo | ALPHAGEO | 0.65 | ₹164 | Low |
| Jindal Drilling & Indust… | JINDRILL | 0.76 | ₹1,425 | Low |
| IRM Energy | IRMENERGY | 1.07 | ₹1,076 | Moderate |
| Deep Industries | DEEPINDS | 1.22 | ₹2,622 | Moderate |
| Oil India | OIL | 1.24 | ₹72,628 | Moderate |
| Ganesh Benzoplast | GANESHBE | 1.31 | ₹765 | Moderate |
| Aakash Exploration Servi… | AAKASH | 1.39 | ₹84 | Moderate |
| Mahanagar Gas | MGL | 1.6 | ₹10,255 | Moderate |