Dolphin Offshore P/B Ratio
Dolphin Offshore (DOLPHIN) P/B ratio is 4.6 (High), book value per share ₹680.00 vs Oil & Gas average P/B of 3.33 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Dolphin Offshore stock price NSE.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
DOLPHIN P/B Ratio — Valuation Insights & Book Value Analysis
Dolphin Offshore price-to-book ratio interpretation, valuation status and historical context — current P/B 4.6 (High). Compare with DOLPHIN fair value estimate to assess whether the stock is under or overvalued.
- Stock appears overvalued with PB of 4.6, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 604.1% above historical average
- Trading at premium to sector average PB of 3.33
Dolphin Offshore P/B Ratio Historical Trend
DOLPHIN annual price-to-book ratio — 3 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. View DOLPHIN 52-week chart for the annual high/low range and current price position.
DOLPHIN Historical P/B Ratio — Book Value Per Share & Year-End Price
Dolphin Offshore 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 |
|---|---|---|---|---|---|
| 2025 | 0.7 | ₹680.0 | ₹479.20 | ₹272 | Low |
| 2024 | 1.04 | ₹552.5 | ₹574.35 | ₹221 | Moderate |
| 2023 | 0.22 | ₹590.0 | ₹128.20 | ₹177 | Low |
DOLPHIN vs Oil & Gas Peers — P/B Ratio Comparison
Dolphin Offshore P/B 4.6 vs Oil & Gas average 3.33, median 1.89 — range -0.01–19.89.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aban Offshore | ABAN | -0.01 | ₹151 | Low |
| Alphageo | ALPHAGEO | 0.54 | ₹140 | Low |
| DHP India | DHPIND | 0.66 | ₹159 | Low |
| Jindal Drilling & Indust… | JINDRILL | 0.76 | ₹1,425 | Low |
| Oil & Natural Gas Corpor… | ONGC | 0.98 | ₹344,763 | Low |
| IRM Energy | IRMENERGY | 1.13 | ₹1,121 | Moderate |
| Deep Industries | DEEPINDS | 1.22 | ₹2,622 | Moderate |
| Ganesh Benzoplast | GANESHBE | 1.23 | ₹715 | Moderate |
| Oil India | OIL | 1.4 | ₹78,492 | Moderate |
| Confidence Petroleum | CONFIPET | 1.4 | ₹1,916 | Moderate |