TotalEnergies Marketing Nigeria (NSA:TOTL) PB Ratio: 4.57 (As of Jul. 15, 2026) — 96% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSA:TOTL TotalEnergies Marketing Nigeria PLC NSA:TOTL
65 GF Score
Price ₦640.00
GF Value ₦580.30
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is TotalEnergies Marketing Nigeria PB Ratio?

TotalEnergies Marketing Nigeria NSA:TOTL 65 PB Ratio is 4.57 as of Jul. 15, 2026, which is 96% above its 10-year median of 2.33. GuruFocus rates NSA:TOTL with a GF Score™ of 65/100 and a GF Value™ of ₦580.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 926 Oil & Gas companies, TotalEnergies Marketing Nigeria ranks worse than 87.26% 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 (2026-07-15), TotalEnergies Marketing Nigeria's share price is ₦640.00. TotalEnergies Marketing Nigeria's Book Value per Share for the quarter that ended in Dec. 2025 was ₦140.02. Hence, TotalEnergies Marketing Nigeria's PB Ratio of today is 4.57.

Warning Sign:

TotalEnergies Marketing Nigeria PLC stock PB Ratio (=4.57) is close to 10-year high of 4.58.

The historical rank and industry rank for TotalEnergies Marketing Nigeria's PB Ratio or its related term are showing as below:

NSA:TOTL' s PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 2.33   Max: 4.58
Current: 4.57

During the past 13 years, TotalEnergies Marketing Nigeria's highest PB Ratio was 4.58. The lowest was 1.05. And the median was 2.33.

NSA:TOTL's PB Ratio is ranked worse than
87.26% of 926 companies
in the Oil & Gas industry
Industry Median: 1.45 vs NSA:TOTL: 4.57

During the past 12 months, TotalEnergies Marketing Nigeria's average Book Value Per Share Growth Rate was -36.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TotalEnergies Marketing Nigeria was 25.80% per year. The lowest was -1.90% per year. And the median was 18.85% per year.

Back to Basics: PB Ratio


TotalEnergies Marketing Nigeria  (NSA:TOTL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


TotalEnergies Marketing Nigeria PB Ratio Related Terms


TotalEnergies Marketing Nigeria PB Ratio Historical Data

* Premium members only.

The historical data trend for TotalEnergies Marketing Nigeria'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.

TotalEnergies Marketing Nigeria PB Ratio Chart

TotalEnergies Marketing Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.30 2.33 3.16 4.57

TotalEnergies Marketing Nigeria Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.16 3.76 4.58 4.57

NSA:TOTL vs VLO, MPC, PSX: PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, TotalEnergies Marketing Nigeria'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.


TotalEnergies Marketing Nigeria PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TotalEnergies Marketing Nigeria's PB Ratio distribution charts can be found below:

* The bar in red indicates where TotalEnergies Marketing Nigeria's PB Ratio falls into.


NSA:TOTL
65GF Score
TotalEnergies Marketing Nigeria PLC NSA:TOTL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TotalEnergies Marketing Nigeria PB Ratio Calculation

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.

TotalEnergies Marketing Nigeria's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=640.00/140.02
=4.57

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.57 mean?
TotalEnergies Marketing Nigeria (NSA:TOTL) has a PB Ratio of 4.57 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TotalEnergies Marketing Nigeria and its competitors. This is 96% above median its historical median of 2.33. Over the past decade, TotalEnergies Marketing Nigeria's PB Ratio has ranged from 1.05 to 4.58. According to the industry distribution chart, TotalEnergies Marketing Nigeria ranks #808 out of 926 companies in the Oil & Gas industry, placing it in the top 87.3%.
Is TotalEnergies Marketing Nigeria's PB Ratio too high?
TotalEnergies Marketing Nigeria's current PB Ratio of 4.57 is 96% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 4.58. The Oil & Gas industry median PB Ratio is 1.45. TotalEnergies Marketing Nigeria's value of 4.57 is 215.2% above this industry median. Based on the distribution chart, TotalEnergies Marketing Nigeria ranks #808 out of 926 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TotalEnergies Marketing Nigeria has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies Marketing Nigeria's PB Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, TotalEnergies Marketing Nigeria ranks #808 out of 926 companies for PB Ratio. This places TotalEnergies Marketing Nigeria in the lower half of its industry. The industry median PB Ratio is 1.45. TotalEnergies Marketing Nigeria's value of 4.57 is 215.2% above this benchmark. Historically, TotalEnergies Marketing Nigeria's own PB Ratio has ranged from 1.05 to 4.58 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.45, TotalEnergies Marketing Nigeria 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 1.45, 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. TotalEnergies Marketing Nigeria's current PB Ratio of 4.57 is 215.2% 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 TotalEnergies Marketing Nigeria and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TotalEnergies Marketing Nigeria's current PB Ratio is 4.57, which is 96% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies Marketing Nigeria stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria (NSA:TOTL) is currently considered Fairly Valued. The stock's GF Value™ is ₦580.30, compared to a current price of ₦640.00 — trading 10.3% above its estimated fair value. The current PB Ratio is 4.57, which is 96% above median its 10-year median of 2.33 and 215.2% above the Oil & Gas industry median of 1.45. TotalEnergies Marketing Nigeria's overall GF Score™ is 65/100 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 TotalEnergies Marketing Nigeria (NSA:TOTL), the current PB Ratio is 4.57 as of Jul. 15, 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 TotalEnergies Marketing Nigeria (NSA:TOTL) Overvalued in 2026?

Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria stock appears to be overvalued. The current stock price of ₦640.00 is trading 10.3% above its estimated GF Value™ of ₦580.30. GuruFocus considers TotalEnergies Marketing Nigeria to be Fairly Valued.

Key valuation signals for NSA:TOTL:

  • PB Ratio: 4.57 (96% above median its 10-year median of 2.33)
  • GF Value™: ₦580.30 vs. price of ₦640.00 (10.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 215.2% above the Oil & Gas median (#808 of 926)

No single metric tells the full story. See the NSA:TOTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TotalEnergies Marketing Nigeria Business Description

Industry EnergyOil & Gas
Address Adetokunbo Ademola Street, Plot 1415-E, Eko Tower 1, Victoria Island, Lagos, NGA
TotalEnergies Marketing Nigeria PLC is engaged in the marketing and distribution of petroleum products. Its operating segment includes the Network segment, which includes sales to service stations. The General Trade segment is engaged in sales to corporate customers, excluding customers in the aviation industry. Its Aviation segment is engaged in sales to customers in the aviation industry. The company generates maximum revenue from the Network segment. Geographically, it derives a majority of revenue from Nigeria. Its product categories include Motorcycle Lubricants, Engine Oil for Cars, Engine Oils for Heavy-Duty Engines, and Other Lubricants.
65GF Score

Get the complete analysis for NSA:TOTL

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦640.00
Price
₦580.30
GF Value