The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), Marathon Oil's share price is $27.74. Marathon Oil's Book Value per Share for the quarter that ended in Dec. 2023 was $19.42. Hence, Marathon Oil's PB Ratio of today is 1.43.
The historical rank and industry rank for Marathon Oil's PB Ratio or its related term are showing as below:
MRO'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 1.08 Max: 2
Current: 1.43
During the past 13 years, Marathon Oil's highest PB Ratio was 2.00. The lowest was 0.23. And the median was 1.08.
MRO's PB Ratio is ranked worse than 57.23% of 989
companies
in the Oil & Gas industry
Industry Median: 1.24
vs MRO: 1.43
During the past 12 months, Marathon Oil's average Book Value Per Share Growth Rate was 7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Marathon Oil was 32.30% per year. The lowest was -23.80% per year. And the median was 2.10% per year.
Back to Basics: PB Ratio
Marathon Oil PB Ratio Historical Data
The historical data trend for Marathon Oil's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Marathon Oil's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marathon Oil's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marathon Oil's PB Ratio distribution charts can be found below:
* The bar in red indicates where Marathon Oil's PB Ratio falls into.
Marathon Oil PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Marathon Oil's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Marathon Oil PB Ratio Related Terms
Thank you for viewing the detailed overview of Marathon Oil's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
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