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Magnolia Oil & GasMGY +3.17%93 PB Ratio is 2.22 as of Aug. 10, 2026, which is 6% below its 10-year median of 2.37. GuruFocus rates MGY with a GF Score™ of 93/100 and a GF Value™ of $29.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 936 Oil & Gas companies, Magnolia Oil & Gas ranks worse than 68.8% on this metric.
Magnolia Oil & Gas Corp stock PB Ratio (=2.16) is close to 5-year low of 1.98.
The historical rank and industry rank for Magnolia Oil & Gas's PB Ratio or its related term are showing as below:
MGY'
s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 2.37 Max: 6.02
Current: 2.22
During the past 10 years, Magnolia Oil & Gas's highest PB Ratio was 6.02. The lowest was 0.37. And the median was 2.37.
MGY's PB Ratio is ranked worse than 68.8% of 936
companies
in the Oil & Gas industry
Industry Median: 1.44
vs MGY: 2.22
During the past 12 months, Magnolia Oil & Gas's average Book Value Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 26.80% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Magnolia Oil & Gas was 40.10% per year. The lowest was -44.50% per year. And the median was 0.55% 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.
Magnolia Oil & Gas PB Ratio Related Terms
Magnolia Oil & Gas PB Ratio Historical Data
* Premium members only.
The historical data trend for Magnolia Oil & Gas'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, Magnolia Oil & Gas'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.
Magnolia Oil & Gas PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's PB Ratio distribution charts can be found below:
* The bar in red indicates where Magnolia Oil & Gas'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.
Magnolia Oil & Gas (MGY) has a PB Ratio of 2.22 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Magnolia Oil & Gas and its competitors. This is near median its historical median of 2.37. Over the past decade, Magnolia Oil & Gas' PB Ratio has ranged from 0.37 to 6.02. According to the industry distribution chart, Magnolia Oil & Gas ranks #644 out of 936 companies in the Oil & Gas industry, placing it in the top 68.8%.
Is Magnolia Oil & Gas' PB Ratio too high?
Magnolia Oil & Gas' current PB Ratio of 2.22 is near median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 6.02. The Oil & Gas industry median PB Ratio is 1.44. Magnolia Oil & Gas' value of 2.22 is 54.2% above this industry median. Based on the distribution chart, Magnolia Oil & Gas ranks #644 out of 936 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Magnolia Oil & Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magnolia Oil & Gas' PB Ratio compare to MUR and MTDR?
According to the Oil & Gas industry distribution chart, Magnolia Oil & Gas ranks #644 out of 936 companies for PB Ratio. This places Magnolia Oil & Gas in the lower half of its industry. The industry median PB Ratio is 1.44. Magnolia Oil & Gas' value of 2.22 is 54.2% above this benchmark. Historically, Magnolia Oil & Gas' own PB Ratio has ranged from 0.37 to 6.02 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.44, Magnolia Oil & Gas 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. Magnolia Oil & Gas's current PB Ratio of 2.22 is 54.2% 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 Magnolia Oil & Gas 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. Magnolia Oil & Gas's current PB Ratio is 2.22, which is near median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Magnolia Oil & Gas (MGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.06, compared to a current price of $25.88 — trading 11% below its estimated fair value. The current PB Ratio is 2.22, which is near median its 10-year median of 2.37 and 54.2% above the Oil & Gas industry median of 1.44. Magnolia Oil & Gas' overall GF Score™ is 93/100 with 2 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 Magnolia Oil & Gas (MGY), the current PB Ratio is 2.22 as of Aug. 10, 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 Magnolia Oil & Gas (MGY) Overvalued in 2026?
Based on GuruFocus' analysis, Magnolia Oil & Gas stock appears to be undervalued.
The current stock price of $25.88 is trading 11% below its estimated GF Value™ of $29.06.
GuruFocus considers Magnolia Oil & Gas to be Modestly Undervalued.
Key valuation signals for MGY:
PB Ratio: 2.22 (near median its 10-year median of 2.37)
GF Value™: $29.06 vs. price of $25.88 (11% below fair value)
Industry Position: 54.2% above the Oil & Gas median (#644 of 936)
No single metric tells the full story. See the MGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).
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