Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 (2026-07-19), PJSC Lukoil's share price is £0.00. PJSC Lukoil's Book Value per Share for the quarter that ended in Sep. 2023 was £75.25. Hence, PJSC Lukoil's PB Ratio of today is 0.00.
The historical rank and industry rank for PJSC Lukoil's PB Ratio or its related term are showing as below:
LSE:31KX'
s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.88 Max: 5.37
Current: 2.95
During the past 13 years, PJSC Lukoil's highest PB Ratio was 5.37. The lowest was 0.28. And the median was 0.88.
LSE:31KX's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.42
vs LSE:31KX: 2.95
During the past 12 months, PJSC Lukoil's average Book Value Per Share Growth Rate was -10.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -33.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -25.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PJSC Lukoil was 23.70% per year. The lowest was -37.80% per year. And the median was 10.40% 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.
PJSC Lukoil PB Ratio Related Terms
PJSC Lukoil PB Ratio Historical Data
* Premium members only.
The historical data trend for PJSC Lukoil'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 Integrated subindustry, PJSC Lukoil'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.
PJSC Lukoil PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PJSC Lukoil's PB Ratio distribution charts can be found below:
* The bar in red indicates where PJSC Lukoil'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.
PJSC Lukoil'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.
PJSC Lukoil (LSE:31KX) has a PB Ratio of 0.00 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PJSC Lukoil and its competitors. Over the past decade, PJSC Lukoil's PB Ratio has ranged from 0.28 to 5.37.
Is PJSC Lukoil's PB Ratio too high?
PJSC Lukoil's current PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 5.37. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Lukoil's PB Ratio compare to XOM and CVX?
PJSC Lukoil's PB Ratio of 0.00 can be compared against companies in the Oil & Gas industry. The industry median PB Ratio is 1.42. Historically, PJSC Lukoil's own PB Ratio has ranged from 0.28 to 5.37 over the past decade. 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 1.42, based on 926 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. 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 PJSC Lukoil and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Lukoil's current PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Lukoil stock overvalued right now?
PJSC Lukoil (LSE:31KX) has a current PB Ratio of 0.00. The current PB Ratio is 0.00. PJSC Lukoil's overall GF Score™ is 17/100 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 PJSC Lukoil (LSE:31KX), the current PB Ratio is 0.00 as of Jul. 19, 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.
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:31KX has been successfully added to your 
