Oil & Natural Gas Corporation P/B Ratio
ONGC • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.99
Low Valuation
Low - Trading below book value, may indicate undervaluation
Current Valuation Metrics
P/B Ratio
0.99
Current Price
₹285.50
Book Value/Share
₹594.97
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹374,235 Cr
Share Capital
₹6,290 Cr
Reserves & Surplus
₹337,150 Cr
Outstanding Shares
6,290,000,000
Book Value per Share
₹594.97
Valuation Signal
Signal
Undervalued
Historical Avg
0.38
Historical Range
0.31 - 0.42
Percentile
100.0%
Sector Context
Sector Average
2.84
Sector Median
1.85
Sector Rank
#7 of 27
Sector Percentile
25.9%
Key P/B Ratio Insights for Oil & Natural Gas Corporation
- Stock appears undervalued with PB of 0.99, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 160.5% above historical average
- Trading at discount to sector average PB of 2.84
P/B Ratio Historical Trend for Oil & Natural Gas 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.
Related Pages for Oil & Natural Gas Corporation
Additional stock information and data for ONGC
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 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 |
| 2021 | 0.35 | ₹385.69 | ₹134.95 | ₹242,597 | Low |
Sector P/B Ratio Comparison
Comparing Oil & Natural Gas Corporation with other companies in Oil & Gas sector
Sector Average
2.84
Sector Median
1.85
Lowest P/B
-0.01
Highest P/B
12.68
Companies
27
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aban Offshore | ABAN | -0.01 | ₹151 | Low |
| Alphageo | ALPHAGEO | 0.45 | ₹118 | Low |
| DHP India | DHPIND | 0.56 | ₹135 | Low |
| Jindal Drilling & Indust… | JINDRILL | 0.76 | ₹1,425 | Low |
| IRM Energy | IRMENERGY | 0.78 | ₹755 | Low |
| Ganesh Benzoplast | GANESHBE | 0.96 | ₹570 | Low |
| Confidence Petroleum | CONFIPET | 1.07 | ₹1,741 | Moderate |
| Hindustan Oil Exploration | HINDOILEXP | 1.18 | ₹1,640 | Moderate |
| Deep Industries | DEEPINDS | 1.22 | ₹2,622 | Moderate |
| Aakash Exploration Servi… | AAKASH | 1.35 | ₹81 | Moderate |