Global Partners LPGLP +0.13%87 PB Ratio is 2.27 as of Jul. 05, 2026, which is 54% above its 10-year median of 1.47. GuruFocus rates GLP with a GF Score™ of 87/100 and a GF Value™ of $59.29 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 927 Oil & Gas companies, Global Partners LP ranks worse than 71.09% on this metric.
The historical rank and industry rank for Global Partners LP's PB Ratio or its related term are showing as below:
GLP'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.47 Max: 2.74
Current: 2.27
During the past 13 years, Global Partners LP's highest PB Ratio was 2.74. The lowest was 0.61. And the median was 1.47.
GLP's PB Ratio is ranked worse than 71.09% of 927
companies
in the Oil & Gas industry
Industry Median: 1.4
vs GLP: 2.27
During the past 12 months, Global Partners LP's average Book Value Per Share Growth Rate was 2.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Global Partners LP was 81.50% per year. The lowest was -21.10% per year. And the median was 5.75% per year.
Back to Basics: PB Ratio
Global Partners LP (NYSE:GLP) PB Ratio Explanation
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.
Global Partners LP PB Ratio Related Terms
Global Partners LP PB Ratio Historical Data
* Premium members only.
The historical data trend for Global Partners LP'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 Midstream subindustry, Global Partners LP'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.
Global Partners LP PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Global Partners LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Global Partners LP'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.
Global Partners LP (GLP) has a PB Ratio of 2.27 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Global Partners LP and its competitors. This is 54% above median its historical median of 1.47. Over the past decade, Global Partners LP's PB Ratio has ranged from 0.61 to 2.74. According to the industry distribution chart, Global Partners LP ranks #659 out of 927 companies in the Oil & Gas industry, placing it in the top 71.1%.
Is Global Partners LP's PB Ratio too high?
Global Partners LP's current PB Ratio of 2.27 is 54% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.74. The Oil & Gas industry median PB Ratio is 1.40. Global Partners LP's value of 2.27 is 62.1% above this industry median. Based on the distribution chart, Global Partners LP ranks #659 out of 927 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Global Partners LP has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Partners LP's PB Ratio compare to FLNG and LPG?
According to the Oil & Gas industry distribution chart, Global Partners LP ranks #659 out of 927 companies for PB Ratio. This places Global Partners LP in the lower half of its industry. The industry median PB Ratio is 1.40. Global Partners LP's value of 2.27 is 62.1% above this benchmark. Historically, Global Partners LP's own PB Ratio has ranged from 0.61 to 2.74 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.40, Global Partners LP 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 1.40, based on 927 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. Global Partners LP's current PB Ratio of 2.27 is 62.1% 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 Global Partners LP and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Partners LP's current PB Ratio is 2.27, which is 54% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Global Partners LP (GLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $59.29, compared to a current price of $47.47 — trading 19.9% below its estimated fair value. The current PB Ratio is 2.27, which is 54% above median its 10-year median of 1.47 and 62.1% above the Oil & Gas industry median of 1.40. Global Partners LP's overall GF Score™ is 87/100 with 5 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 Global Partners LP (GLP), the current PB Ratio is 2.27 as of Jul. 05, 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 Global Partners LP (GLP) Overvalued in 2026?
Based on GuruFocus' analysis, Global Partners LP stock appears to be undervalued.
The current stock price of $47.47 is trading 19.9% below its estimated GF Value™ of $59.29.
GuruFocus considers Global Partners LP to be Modestly Undervalued.
Key valuation signals for GLP:
PB Ratio: 2.27 (54% above median its 10-year median of 1.47)
GF Value™: $59.29 vs. price of $47.47 (19.9% below fair value)
Industry Position: 62.1% above the Oil & Gas median (#659 of 927)
No single metric tells the full story. See the GLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the GDSO segment.
87GF Score
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