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Exxon Mobil (WBO:XOM) PB Ratio

: 2.04 (As of Today)
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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 (2024-02-27), Exxon Mobil's share price is €96.28. Exxon Mobil's Book Value per Share for the quarter that ended in Dec. 2023 was €47.29. Hence, Exxon Mobil's PB Ratio of today is 2.04.

Good Sign:

Exxon Mobil Corp stock PB Ratio (=2.02) is close to 2-year low of 1.88

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

WBO:XOM' s PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.99   Max: 2.62
Current: 2.02

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.

WBO:XOM's PB Ratio is ranked worse than
72.92% of 997 companies
in the Oil & Gas industry
Industry Median: 1.21 vs WBO:XOM: 2.02

During the past 12 months, Exxon Mobil's average Book Value Per Share Growth Rate was 7.90% 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.11 1.54 2.26 1.92

Exxon Mobil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 2.26 2.20 2.15 2.36 1.92

Competitive Comparison

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 PB Ratio Distribution

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: Dec. 2023)
=96.28/47.294
=2.04

* 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  (WBO: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 (WBO:XOM) 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.