Equinor ASA (Equinor ASA) PB Ratio

: 1.64 (As of Today)

View and export this data going back to 2001. Start your Free Trial

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 (2024-04-23), Equinor ASA's share price is $27.065. Equinor ASA's Book Value per Share for the quarter that ended in Dec. 2023 was $16.47. Hence, Equinor ASA's PB Ratio of today is 1.64.

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

EQNR' s PB Ratio Range Over the Past 10 Years
Min: 0.92 Med: 1.57 Max: 3.25
Current: 1.7

During the past 13 years, Equinor ASA's highest PB Ratio was 3.25. The lowest was 0.92. And the median was 1.57.

EQNR's PB Ratio is ranked worse than
65.56% of 990 companies
in the Oil & Gas industry
Industry Median: 1.22 vs EQNR: 1.70

During the past 12 months, Equinor ASA's average Book Value Per Share Growth Rate was 1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Equinor ASA was 24.10% per year. The lowest was -6.30% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio

Equinor ASA PB Ratio Historical Data

The historical data trend for Equinor ASA'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.

Equinor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.60

1.57

2.18

2.07

1.92

Equinor ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.07	1.55	1.75	1.99	1.92

Competitive Comparison

For the Oil & Gas Integrated subindustry, Equinor ASA'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.

Equinor ASA PB Ratio Distribution

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

* The bar in red indicates where Equinor ASA's PB Ratio falls into.

Equinor ASA 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.

Equinor ASA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	27.065	/	16.467
	=	1.64

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Equinor ASA (NYSE:EQNR) 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.

Equinor ASA PB Ratio Related Terms

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

Equinor ASA (Equinor ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equinor ASA (NYSE:EQNR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

STOHF:USA EQNR:Sweden EQNR:Norway EQNR:Mexico EQNRo:UK 0M2Z:UK DNQA:Germany DNQ:Germany DNQ:Germany DNQA:Germany DNQ:Germany E1QN34:Brazil

Address

Forusbeen 50, Stavanger, NOR, N-4035

Website

https://www.equinor.com

Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.0 million barrels of oil equivalent per day in 2022 (50% liquids) and ended the year with 5.2 billion barrels of proven reserves (49% liquidsl). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.