Indian Oil Corporation P/B Ratio

Current P/B Ratio
0.87
Low Valuation
Low - Trading below book value, may indicate undervaluation

Indian Oil Corporation (IOC) P/B ratio is 0.87 (Low), book value per share ₹163.77 vs Petroleum Products average P/B of 2.42 — Low - Trading below book value, may indicate undervaluation.

Current Valuation Metrics

P/B Ratio 0.87
Current Price ₹139.00
Book Value/Share ₹163.77
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹225,547 Cr
Share Capital ₹13,772 Cr
Reserves & Surplus ₹205,746 Cr
Outstanding Shares 13,772,000,000
Book Value per Share ₹163.77

Valuation Signal

Signal Undervalued
Historical Avg 0.92
Historical Range 0.41 - 1.2
Percentile 40.0%

Sector Context

Sector Average 2.42
Sector Median 1.86
Sector Rank #4 of 21
Sector Percentile 19.0%

IOC P/B Ratio — Valuation Insights & Book Value Analysis

Indian Oil Corporation price-to-book ratio interpretation, valuation status and historical context — current P/B 0.87 (Low). For live price, earnings yield and the full fundamental profile, see Indian Oil Corporation share price screener.

  • Stock appears undervalued with PB of 0.87, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Trading at discount to sector average PB of 2.42

Indian Oil Corporation P/B Ratio Historical Trend

IOC 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. Also explore Indian Oil Corporation share price performance to track price trends across different timeframes.

IOC Historical P/B Ratio — Book Value Per Share & Year-End Price

Indian Oil 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 0.85 ₹163.77 ₹139.00 ₹225,547 Low
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

IOC vs Petroleum Products Peers — P/B Ratio Comparison

Indian Oil Corporation P/B 0.87 vs Petroleum Products average 2.42, median 1.86 — range 0.09–9.77.

Sector Average
2.42
Sector Median
1.86
Lowest P/B
0.09
Highest P/B
9.77
Companies
21
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Omnipotent Industries OMNIPOTENT 0.09 ₹2 Low
Greenhitech Ventures GVL 0.51 ₹52 Low
Sundrex Oil Company SOCL 0.84 ₹38 Low
Continental Petroleums CONTPTR 0.87 ₹74 Low
GP Petroleums GULFPETRO 0.96 ₹360 Low
Hindustan Petroleum HINDPETRO 1.18 ₹77,293 Moderate
Bharat Petroleum BPCL 1.34 ₹134,928 Moderate
Arabian Petroleum ARABIAN 1.35 ₹94 Moderate
ResGen RESGEN 1.41 ₹95 Moderate
Gandhar Oil Refinery GANDHAR 1.79 ₹2,497 Moderate