Indian Oil Corporation P/B Ratio

Current P/B Ratio
0.92
Low Valuation
Low - Trading below book value, may indicate undervaluation

Indian Oil Corporation (IOC) P/B ratio is 0.92 (Low), book value per share ₹159.39 vs Petroleum Products average P/B of 2.3 — Low - Trading below book value, may indicate undervaluation. Compare with IOC fundamental valuation to assess whether the stock is under or overvalued.

Current Valuation Metrics

P/B Ratio 0.92
Current Price ₹143.89
Book Value/Share ₹159.39
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹219,518 Cr
Share Capital ₹13,772 Cr
Reserves & Surplus ₹205,746 Cr
Outstanding Shares 13,772,000,000
Book Value per Share ₹159.39

Valuation Signal

Signal Undervalued
Historical Avg 0.93
Historical Range 0.41 - 1.2
Percentile 40.0%

Sector Context

Sector Average 2.3
Sector Median 1.89
Sector Rank #5 of 22
Sector Percentile 22.7%

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 0.92 (Low). For live price, earnings yield and the full fundamental profile, see Indian Oil Corporation share price screener.

  • Stock appears undervalued with PB of 0.92, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Trading at discount to sector average PB of 2.3

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. View IOC 52-week performance for the annual high/low range and current price position.

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 0.9 ₹159.39 ₹143.89 ₹219,518 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 0.92 vs Petroleum Products average 2.3, median 1.89 — range 0.09–9.67.

Sector Average
2.3
Sector Median
1.89
Lowest P/B
0.09
Highest P/B
9.67
Companies
22
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Omnipotent Industries OMNIPOTENT 0.09 ₹2 Low
GP Petroleums GULFPETRO 0.56 ₹205 Low
Greenhitech Ventures GVL 0.67 ₹74 Low
Sundrex Oil Company SOCL 0.79 ₹36 Low
Continental Petroleums CONTPTR 1.0 ₹85 Moderate
Arabian Petroleum ARABIAN 1.08 ₹70 Moderate
Gandhar Oil Refinery GANDHAR 1.27 ₹1,770 Moderate
Hindustan Petroleum HINDPETRO 1.29 ₹87,858 Moderate
Bharat Petroleum BPCL 1.34 ₹136,967 Moderate
Chennai Petroleum Corpor… CHENNPETRO 1.49 ₹16,797 Moderate