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The historical rank and industry rank for Hindustan Petroleum's PB Ratio or its related term are showing as below:
NSE:HINDPETRO'
s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.2 Max: 2
Current: 1.28
During the past 13 years, Hindustan Petroleum's highest PB Ratio was 2.00. The lowest was 0.72. And the median was 1.20.
NSE:HINDPETRO's PB Ratio is ranked better than 56.63% of 927
companies
in the Oil & Gas industry
Industry Median: 1.43
vs NSE:HINDPETRO: 1.28
During the past 12 months, Hindustan Petroleum's average Book Value Per Share Growth Rate was 28.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hindustan Petroleum was 26.70% per year. The lowest was 1.80% per year. And the median was 8.45% 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.
Hindustan Petroleum PB Ratio Related Terms
Hindustan Petroleum PB Ratio Historical Data
* Premium members only.
The historical data trend for Hindustan Petroleum'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.
NSE:HINDPETRO vs MPC, VLO, PSX: PB Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Hindustan Petroleum'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.
Hindustan Petroleum PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hindustan Petroleum's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hindustan Petroleum'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.
Hindustan Petroleum (NSE:HINDPETRO) has a PB Ratio of 1.28 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 Hindustan Petroleum and its competitors. This is near median its historical median of 1.20. Over the past decade, Hindustan Petroleum's PB Ratio has ranged from 0.72 to 2.00. According to the industry distribution chart, Hindustan Petroleum ranks #402 out of 927 companies in the Oil & Gas industry, placing it in the top 43.4%.
Is Hindustan Petroleum's PB Ratio too high?
Hindustan Petroleum's current PB Ratio of 1.28 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.00. The Oil & Gas industry median PB Ratio is 1.43. Hindustan Petroleum's value of 1.28 is 10.5% below this industry median. Based on the distribution chart, Hindustan Petroleum ranks #402 out of 927 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Hindustan Petroleum has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Petroleum's PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Hindustan Petroleum ranks #402 out of 927 companies for PB Ratio. This puts Hindustan Petroleum in the upper half of its industry. The industry median PB Ratio is 1.43. Hindustan Petroleum's value of 1.28 is 10.5% below this benchmark. Historically, Hindustan Petroleum's own PB Ratio has ranged from 0.72 to 2.00 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.43, Hindustan Petroleum has consistently been below 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. Hindustan Petroleum's current PB Ratio of 1.28 is 10.5% below 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 Hindustan Petroleum 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. Hindustan Petroleum's current PB Ratio is 1.28, which is near median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Petroleum (NSE:HINDPETRO) is currently considered Fairly Valued. The stock's GF Value™ is ₹416.17, compared to a current price of ₹395.00 — trading 5.1% below its estimated fair value. The current PB Ratio is 1.28, which is near median its 10-year median of 1.20 and 10.5% below the Oil & Gas industry median of 1.43. Hindustan Petroleum's overall GF Score™ is 74/100 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 Hindustan Petroleum (NSE:HINDPETRO), the current PB Ratio is 1.28 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 Hindustan Petroleum (NSE:HINDPETRO) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Petroleum stock appears to be undervalued.
The current stock price of ₹395.00 is trading 5.1% below its estimated GF Value™ of ₹416.17.
GuruFocus considers Hindustan Petroleum to be Fairly Valued.
Key valuation signals for NSE:HINDPETRO:
PB Ratio: 1.28 (near median its 10-year median of 1.20)
GF Value™: ₹416.17 vs. price of ₹395.00 (5.1% below fair value)
Industry Position: 10.5% below the Oil & Gas median (#402 of 927)
No single metric tells the full story. See the NSE:HINDPETRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the maximum revenue.
74GF Score
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