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Exxon Mobil (Exxon Mobil) PB Ratio : 2.10 (As of Jun. 15, 2024)


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What is Exxon Mobil PB Ratio?

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 (2024-06-15), Exxon Mobil's share price is $109.11. Exxon Mobil's Book Value per Share for the quarter that ended in Mar. 2024 was $52.05. Hence, Exxon Mobil's PB Ratio of today is 2.10.

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

XOM' s PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.99   Max: 2.62
Current: 2.1

During the past 13 years, Exxon Mobil's highest PB Ratio was 2.62. The lowest was 0.72. And the median was 1.99.

XOM's PB Ratio is ranked worse than
75.41% of 984 companies
in the Oil & Gas industry
Industry Median: 1.21 vs XOM: 2.10

During the past 12 months, Exxon Mobil's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Exxon Mobil was 17.60% per year. The lowest was -5.70% per year. And the median was 6.00% per year.

Back to Basics: PB Ratio


Exxon Mobil PB Ratio Historical Data

The historical data trend for Exxon Mobil'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.

* Premium members only.

Exxon Mobil PB Ratio Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.11 1.54 2.31 1.94

Exxon Mobil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.23 2.16 2.33 1.94 2.23

Competitive Comparison of Exxon Mobil's PB Ratio

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


Exxon Mobil's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Exxon Mobil's PB Ratio falls into.



Exxon Mobil 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.

Exxon Mobil's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=109.11/52.054
=2.10

* 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.


Exxon Mobil  (NYSE:XOM) 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.


Exxon Mobil PB Ratio Related Terms

Thank you for viewing the detailed overview of Exxon Mobil's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Exxon Mobil (Exxon Mobil) Business Description

Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Darrin L Talley officer: Vice President 22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman officer: VP, Tax and Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr officer: Vice Pres. & Gen. Tax Counsel C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods officer: Vice President C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells officer: Senior Vice President 77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala director 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298

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