Indian Oil Corporation P/B Ratio

IOC • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.18
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.18
Current Price ₹164.00
Book Value/Share ₹138.71
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹191,025 Cr
Share Capital ₹13,772 Cr
Reserves & Surplus ₹172,716 Cr
Outstanding Shares 13,772,000,000
Book Value per Share ₹138.71

Valuation Signal

Signal Fairly Valued
Historical Avg 0.84
Historical Range 0.41 - 1.2
Percentile 80.0%

Sector Context

Sector Average 2.74
Sector Median 1.8
Sector Rank #3 of 21
Sector Percentile 14.3%

Key P/B Ratio Insights for Indian Oil Corporation

  • Current PB is 39.8% above historical average
  • Trading at discount to sector average PB of 2.74

View the current stock price of Indian Oil Corporation for more insights.

P/B Ratio Historical Trend for Indian Oil Corporation

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 1.2 ₹138.71 ₹166.46 ₹191,025 Moderate
2024 0.98 ₹136.63 ₹133.52 ₹188,163 Low
2023 1.16 ₹103.99 ₹120.25 ₹143,214 Moderate
2022 0.41 ₹147.18 ₹60.20 ₹135,127 Low
2021 0.47 ₹122.88 ₹58.09 ₹112,814 Low

Sector P/B Ratio Comparison

Comparing Indian Oil Corporation with other companies in Petroleum Products sector
Sector Average
2.74
Sector Median
1.8
Lowest P/B
0.18
Highest P/B
10.36
Companies
21
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Omnipotent Industries OMNIPOTENT 0.18 ₹3 Low
GP Petroleums GULFPETRO 0.53 ₹179 Low
Gandhar Oil Refinery GANDHAR 1.31 ₹1,629 Moderate
Chennai Petroleum Corpor… CHENNPETRO 1.36 ₹11,999 Moderate
Panama Petrochem PANAMAPET 1.36 ₹1,825 Moderate
Continental Petroleums CONTPTR 1.38 ₹96 Moderate
Arabian Petroleum ARABIAN 1.38 ₹80 Moderate
Greenhitech Ventures GVL 1.41 ₹140 Moderate
Savita Oil Technologies SOTL 1.5 ₹2,590 Moderate
Bharat Petroleum BPCL 1.74 ₹160,872 Moderate