NOV (MEX:NOV) Book Value per Share: MXN310.94 (As of Mar. 2026)

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MEX:NOV NOV Inc MEX:NOV
72 GF Score
Price MXN313.00
GF Value MXN289.28
! 9 Warning Signs
View Full Analysis

What is NOV Book Value per Share?

NOV MEX:NOV 72 Book Value per Share is MXN310.94 as of Mar. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 72/100 and a GF Value™ of MXN289.28. The stock has 9 warning signs investors should review.

NOV's book value per share for the quarter that ended in Mar. 2026 was MXN310.94.

During the past 12 months, NOV's average Book Value Per Share Growth Rate was 1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NOV was 36.20% per year. The lowest was -29.30% per year. And the median was 10.40% per year.

NOV's current price is MXN313.00. Its book value per share for the quarter that ended in Mar. 2026 was MXN310.94. Hence, today's PB Ratio of NOV is 1.01.

During the past 13 years, the highest P/B Ratio of NOV was 1.90. The lowest was 0.50. And the median was 1.04.

Warning Sign:

NOV Inc stock PB Ratio (=1.17) is close to 2-year high of 1.23.


NOV  (MEX:NOV) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


NOV Book Value per Share Related Terms


NOV Book Value per Share Historical Data

* Premium members only.

The historical data trend for NOV's Book Value per Share 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.

NOV Book Value per Share Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.05 252.91 265.77 348.52 312.80

NOV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 348.47 328.56 323.08 312.80 310.94

MEX:NOV vs AROC, WFRD, KGS: Book Value per Share Comparison

For the Oil & Gas Equipment & Services subindustry, NOV'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.


NOV PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NOV's PB Ratio distribution charts can be found below:

* The bar in red indicates where NOV's PB Ratio falls into.


MEX:NOV
72GF Score
NOV Inc MEX:NOV
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOV Book Value per Share Calculation

NOV's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(112,860-0)/361
=312.80

NOV's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(112,019-0)/360
=310.94

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of MXN310.94 mean?
NOV (MEX:NOV) has a Book Value per Share of MXN310.94 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NOV and its competitors.
Is NOV's Book Value per Share too high?
NOV's current Book Value per Share is MXN310.94. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Book Value per Share compare to AROC and WFRD?
NOV's Book Value per Share of MXN310.94 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NOV and its competitors. NOV's current Book Value per Share is MXN310.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOV stock overvalued right now?
NOV (MEX:NOV) has a current Book Value per Share of MXN310.94. The stock's GF Value™ is MXN289.28, compared to a current price of MXN313.00 — trading 8.2% above its estimated fair value. The current Book Value per Share is MXN310.94. NOV's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For NOV (MEX:NOV), the current Book Value per Share is MXN310.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NOV (MEX:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, NOV stock appears to be overvalued. The current stock price of MXN313.00 is trading 8.2% above its estimated GF Value™ of MXN289.28.

Key valuation signals for MEX:NOV:

  • Book Value per Share: MXN310.94
  • GF Value™: MXN289.28 vs. price of MXN313.00 (8.2% above fair value)
  • GF Score™: 72/100 with 9 warning signs

No single metric tells the full story. See the MEX:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NOV Business Description

Industry EnergyOil & Gas
Address 10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
72GF Score

Get the complete analysis for MEX:NOV

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN313.00
Price
MXN289.28
GF Value