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 (2024-12-14), Phillips 66's share price is $122.72. Phillips 66's Book Value per Share for the quarter that ended in Sep. 2024 was $69.55. Hence, Phillips 66's PB Ratio of today is 1.76.
Good Sign:
Phillips 66 stock PB Ratio (=1.78) is close to 1-year low of 1.73
The historical rank and industry rank for Phillips 66's PB Ratio or its related term are showing as below:
PSX'
s PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.85 Max: 2.56
Current: 1.76
During the past 13 years, Phillips 66's highest PB Ratio was 2.56. The lowest was 0.86. And the median was 1.85.
PSX's PB Ratio is ranked worse than 67.85% of 955
companies
in the Oil & Gas industry
Industry Median: 1.17
vs PSX: 1.76
During the past 12 months, Phillips 66's average Book Value Per Share Growth Rate was -0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Phillips 66 was 17.80% per year. The lowest was -7.50% per year. And the median was 4.50% per year.
Back to Basics: PB Ratio
Phillips 66 PB Ratio Historical Data
The historical data trend for Phillips 66'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 Refining & Marketing subindustry, Phillips 66'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.
Phillips 66's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Phillips 66's PB Ratio distribution charts can be found below:
* The bar in red indicates where Phillips 66's PB Ratio falls into.
Phillips 66 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.
Phillips 66's PB Ratio for today is calculated as follows:
* 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.
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.
Phillips 66 PB Ratio Related Terms
Thank you for viewing the detailed overview of Phillips 66's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
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