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Empire PetroleumEP +5.66%41 PB Ratio is 30.11 as of Aug. 09, 2026, which is 183% above its 10-year median of 10.63. GuruFocus rates EP with a GF Score™ of 41/100 and a GF Value™ of $3.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 936 Oil & Gas companies, Empire Petroleum ranks worse than 98.72% on this metric.
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 (2026-08-09), Empire Petroleum's share price is $2.80. Empire Petroleum's Book Value per Share for the quarter that ended in Mar. 2026 was $0.09. Hence, Empire Petroleum's PB Ratio of today is 30.11.
Warning Sign:
Empire Petroleum Corp stock PB Ratio (=30.11) is close to 3-year high of 32.04.
The historical rank and industry rank for Empire Petroleum's PB Ratio or its related term are showing as below:
EP'
s PB Ratio Range Over the Past 10 Years
Min: 1.83 Med: 10.63 Max: 76.54
Current: 30.11
During the past 13 years, Empire Petroleum's highest PB Ratio was 76.54. The lowest was 1.83. And the median was 10.63.
EP's PB Ratio is ranked worse than 98.72% of 936
companies
in the Oil & Gas industry
Industry Median: 1.44
vs EP: 30.11
During the past 12 months, Empire Petroleum's average Book Value Per Share Growth Rate was -94.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Empire Petroleum was 284.90% per year. The lowest was -79.60% per year. And the median was -18.40% per year.
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.
Empire Petroleum PB Ratio Related Terms
Empire Petroleum PB Ratio Historical Data
* Premium members only.
The historical data trend for Empire Petroleum'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, Empire Petroleum'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.
Empire Petroleum PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Empire Petroleum's PB Ratio distribution charts can be found below:
* The bar in red indicates where Empire Petroleum's PB Ratio falls into.
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.
* 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.
Empire Petroleum (EP) has a PB Ratio of 30.11 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Empire Petroleum and its competitors. This is 183% above median its historical median of 10.63. Over the past decade, Empire Petroleum's PB Ratio has ranged from 1.83 to 76.54. According to the industry distribution chart, Empire Petroleum ranks #924 out of 936 companies in the Oil & Gas industry, placing it in the top 98.7%.
Is Empire Petroleum's PB Ratio too high?
Empire Petroleum's current PB Ratio of 30.11 is 183% above median its 10-year median of 10.63. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 76.54. The Oil & Gas industry median PB Ratio is 1.44. Empire Petroleum's value of 30.11 is 1991% above this industry median. Based on the distribution chart, Empire Petroleum ranks #924 out of 936 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Empire Petroleum has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empire Petroleum's PB Ratio compare to BRLL and GLND?
According to the Oil & Gas industry distribution chart, Empire Petroleum ranks #924 out of 936 companies for PB Ratio. This places Empire Petroleum in the lower half of its industry. The industry median PB Ratio is 1.44. Empire Petroleum's value of 30.11 is 1991% above this benchmark. Historically, Empire Petroleum's own PB Ratio has ranged from 1.83 to 76.54 over the past decade. While the company's 10-year median is 10.63 vs. the industry median of 1.44, Empire Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.44, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire Petroleum's current PB Ratio of 30.11 is 1991% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Empire Petroleum and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire Petroleum's current PB Ratio is 30.11, which is 183% above median its own 10-year median of 10.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Empire Petroleum (EP) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.19, compared to a current price of $2.80 — trading 12.2% below its estimated fair value. The current PB Ratio is 30.11, which is 183% above median its 10-year median of 10.63 and 1991% above the Oil & Gas industry median of 1.44. Empire Petroleum's overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Empire Petroleum (EP), the current PB Ratio is 30.11 as of Aug. 09, 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 Empire Petroleum (EP) Overvalued in 2026?
Based on GuruFocus' analysis, Empire Petroleum stock appears to be undervalued.
The current stock price of $2.80 is trading 12.2% below its estimated GF Value™ of $3.19.
GuruFocus considers Empire Petroleum to be Modestly Undervalued.
Key valuation signals for EP:
PB Ratio: 30.11 (183% above median its 10-year median of 10.63)
GF Value™: $3.19 vs. price of $2.80 (12.2% below fair value)
Industry Position: 1991% above the Oil & Gas median (#924 of 936)
No single metric tells the full story. See the EP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the United States onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas. The Company operates as one operating segment and one reportable segment which is engaged in the exploration, development, and production of oil, gas, and NGLs.
41GF Score
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