Neptune Petrochemicals (NSE:NEPTUNE) PB Ratio: 2.60 (As of Aug. 15, 2026) — 80% Below Median

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NSE:NEPTUNE Neptune Petrochemicals Ltd NSE:NEPTUNE
18 GF Score
Price ₹177.30
! 1 Warning Sign
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What is Neptune Petrochemicals PB Ratio?

Neptune Petrochemicals NSE:NEPTUNE -1.47% 18 PB Ratio is 2.60 as of Aug. 15, 2026, which is 80% below its 10-year median of 13.11. GuruFocus rates NSE:NEPTUNE with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 937 Oil & Gas companies, Neptune Petrochemicals ranks worse than 75.35% 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 (2026-08-15), Neptune Petrochemicals's share price is ₹177.30. Neptune Petrochemicals's Book Value per Share for the quarter that ended in Sep. 2025 was ₹68.25. Hence, Neptune Petrochemicals's PB Ratio of today is 2.60.

Good Sign:

Neptune Petrochemicals Ltd stock PB Ratio (=2.73) is close to 2-year low of 2.73.

The historical rank and industry rank for Neptune Petrochemicals's PB Ratio or its related term are showing as below:

NSE:NEPTUNE' s PB Ratio Range Over the Past 10 Years
Min: 2.59   Med: 13.11   Max: 17.15
Current: 2.59

During the past 3 years, Neptune Petrochemicals's highest PB Ratio was 17.15. The lowest was 2.59. And the median was 13.11.

NSE:NEPTUNE's PB Ratio is ranked worse than
75.35% of 937 companies
in the Oil & Gas industry
Industry Median: 1.47 vs NSE:NEPTUNE: 2.59

During the past 12 months, Neptune Petrochemicals's average Book Value Per Share Growth Rate was 384.70% per year.

Back to Basics: PB Ratio


Neptune Petrochemicals  (NSE:NEPTUNE) 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.


Neptune Petrochemicals PB Ratio Related Terms


Neptune Petrochemicals PB Ratio Historical Data

* Premium members only.

The historical data trend for Neptune Petrochemicals'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.

Neptune Petrochemicals PB Ratio Chart

Neptune Petrochemicals Annual Data
Trend Mar22 Mar23 Mar24
PB Ratio
0.00 0.00 0.00

Neptune Petrochemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Sep25
PB Ratio 0.00 0.00 0.00 0.00 2.53

NSE:NEPTUNE vs MPC, VLO, PSX: PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Neptune Petrochemicals'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.


Neptune Petrochemicals PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Neptune Petrochemicals's PB Ratio falls into.


NSE:NEPTUNE
18GF Score
Neptune Petrochemicals Ltd NSE:NEPTUNE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Neptune Petrochemicals 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.

Neptune Petrochemicals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=177.30/68.248
=2.60

* 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 2.60 mean?
Neptune Petrochemicals (NSE:NEPTUNE) has a PB Ratio of 2.60 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Neptune Petrochemicals and its competitors. This is 80% below median its historical median of 13.11. Over the past decade, Neptune Petrochemicals' PB Ratio has ranged from 2.59 to 17.15. According to the industry distribution chart, Neptune Petrochemicals ranks #706 out of 937 companies in the Oil & Gas industry, placing it in the top 75.3%.
Is Neptune Petrochemicals' PB Ratio too high?
Neptune Petrochemicals' current PB Ratio of 2.60 is 80% below median its 10-year median of 13.11. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 17.15. The Oil & Gas industry median PB Ratio is 1.47. Neptune Petrochemicals' value of 2.60 is 76.9% above this industry median. Based on the distribution chart, Neptune Petrochemicals ranks #706 out of 937 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Neptune Petrochemicals has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Petrochemicals' PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Neptune Petrochemicals ranks #706 out of 937 companies for PB Ratio. This places Neptune Petrochemicals in the lower half of its industry. The industry median PB Ratio is 1.47. Neptune Petrochemicals' value of 2.60 is 76.9% above this benchmark. Historically, Neptune Petrochemicals' own PB Ratio has ranged from 2.59 to 17.15 over the past decade. While the company's 10-year median is 13.11 vs. the industry median of 1.47, Neptune Petrochemicals 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 1.47, based on 937 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. Neptune Petrochemicals's current PB Ratio of 2.60 is 76.9% 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 Neptune Petrochemicals and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Petrochemicals's current PB Ratio is 2.60, which is 80% below median its own 10-year median of 13.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Petrochemicals stock overvalued right now?
Neptune Petrochemicals (NSE:NEPTUNE) has a current PB Ratio of 2.60. The current PB Ratio is 2.60, which is 80% below median its 10-year median of 13.11 and 76.9% above the Oil & Gas industry median of 1.47. Neptune Petrochemicals' overall GF Score™ is 18/100 with 1 warning sign 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 Neptune Petrochemicals (NSE:NEPTUNE), the current PB Ratio is 2.60 as of Aug. 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.

Neptune Petrochemicals Business Description

Industry EnergyOil & Gas
Address S. G. Highway, k-B, Office No. 606, Mondeal Heights Nr. Panchratna Party Plot, Ahmedabad, GJ, IND, 380015
Neptune Petrochemicals Ltd is engaged in the business of manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. Its product portfolio that includes various grades of bitumen, modified bitumen like Polymer Modified Bitumen, Crumb Rubber based modified bitumen and oils, it serves a broad range of industries, particularly the construction and industrial applications and also offer a broad products tailored to the needs of the road construction and infrastructure industries. The company has one segment that is Dealing in Petrolyum Products. Geographically, it operates only in India.
18GF Score

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₹177.30
Price