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Nabors IndustriesLTS:0A6M 56 PB Ratio is 2.23 as of Aug. 04, 2026, which is 96% above its 10-year median of 1.14. GuruFocus rates LTS:0A6M with a GF Score™ of 56/100 and a GF Value™ of $50.44. The stock has 4 warning signs investors should review. Among 927 Oil & Gas companies, Nabors Industries ranks worse than 70.01% on this metric.
The historical rank and industry rank for Nabors Industries's PB Ratio or its related term are showing as below:
LTS:0A6M'
s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 1.14 Max: 4.69
Current: 2.29
During the past 13 years, Nabors Industries's highest PB Ratio was 4.69. The lowest was 0.06. And the median was 1.14.
LTS:0A6M's PB Ratio is ranked worse than 70.01% of 927
companies
in the Oil & Gas industry
Industry Median: 1.43
vs LTS:0A6M: 2.29
During the past 12 months, Nabors Industries's average Book Value Per Share Growth Rate was 74.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -28.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -32.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nabors Industries was 45.80% per year. The lowest was -47.60% per year. And the median was 11.25% 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.
Nabors Industries PB Ratio Related Terms
Nabors Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Nabors Industries'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 Drilling subindustry, Nabors Industries'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.
Nabors Industries PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nabors Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nabors Industries'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.
Nabors Industries (LTS:0A6M) has a PB Ratio of 2.23 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nabors Industries and its competitors. This is 96% above median its historical median of 1.14. Over the past decade, Nabors Industries' PB Ratio has ranged from 0.06 to 4.69. According to the industry distribution chart, Nabors Industries ranks #649 out of 927 companies in the Oil & Gas industry, placing it in the top 70%.
Is Nabors Industries' PB Ratio too high?
Nabors Industries' current PB Ratio of 2.23 is 96% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 4.69. The Oil & Gas industry median PB Ratio is 1.43. Nabors Industries' value of 2.23 is 55.9% above this industry median. Based on the distribution chart, Nabors Industries ranks #649 out of 927 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Nabors Industries has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nabors Industries' PB Ratio compare to BORR and SOC?
According to the Oil & Gas industry distribution chart, Nabors Industries ranks #649 out of 927 companies for PB Ratio. This places Nabors Industries in the lower half of its industry. The industry median PB Ratio is 1.43. Nabors Industries' value of 2.23 is 55.9% above this benchmark. Historically, Nabors Industries' own PB Ratio has ranged from 0.06 to 4.69 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.43, Nabors Industries 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 1.43, 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. Nabors Industries's current PB Ratio of 2.23 is 55.9% 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 Nabors Industries and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nabors Industries's current PB Ratio is 2.23, which is 96% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nabors Industries stock overvalued right now?
Nabors Industries (LTS:0A6M) has a current PB Ratio of 2.23. The stock's GF Value™ is $50.44, compared to a current price of $81.92 — trading 62.4% above its estimated fair value. The current PB Ratio is 2.23, which is 96% above median its 10-year median of 1.14 and 55.9% above the Oil & Gas industry median of 1.43. Nabors Industries' overall GF Score™ is 56/100 with 4 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 Nabors Industries (LTS:0A6M), the current PB Ratio is 2.23 as of Aug. 04, 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 Nabors Industries (LTS:0A6M) Overvalued in 2026?
Based on GuruFocus' analysis, Nabors Industries stock appears to be overvalued.
The current stock price of $81.92 is trading 62.4% above its estimated GF Value™ of $50.44.
Key valuation signals for LTS:0A6M:
PB Ratio: 2.23 (96% above median its 10-year median of 1.14)
GF Value™: $50.44 vs. price of $81.92 (62.4% above fair value)
Industry Position: 55.9% above the Oil & Gas median (#649 of 927)
No single metric tells the full story. See the LTS:0A6M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nabors Industries Ltd owns and operates land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and technologies. The company has four reportable segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.
56GF Score
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