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The historical rank and industry rank for ADNOC Drilling Company PJSC's PB Ratio or its related term are showing as below:
ADX:ADNOCDRILL'
s PB Ratio Range Over the Past 10 Years
Min: 4.49 Med: 5.55 Max: 7.27
Current: 5.76
During the past 8 years, ADNOC Drilling Company PJSC's highest PB Ratio was 7.27. The lowest was 4.49. And the median was 5.55.
ADX:ADNOCDRILL's PB Ratio is ranked worse than 90.19% of 928
companies
in the Oil & Gas industry
Industry Median: 1.445
vs ADX:ADNOCDRILL: 5.76
During the past 12 months, ADNOC Drilling Company PJSC's average Book Value Per Share Growth Rate was 17.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of ADNOC Drilling Company PJSC was 11.80% per year. The lowest was -4.60% per year. And the median was 0.10% per year.
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.
ADNOC Drilling Company PJSC PB Ratio Related Terms
ADNOC Drilling Company PJSC PB Ratio Historical Data
* 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.
ADX:ADNOCDRILL vs NE, RIG, VAL: PB Ratio Comparison
For the Oil & Gas Drilling subindustry, ADNOC Drilling Company PJSC'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.
ADNOC Drilling Company PJSC PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ADNOC Drilling Company PJSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where ADNOC Drilling Company PJSC's PB Ratio falls into.
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.
* 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.
ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) has a PB Ratio of 5.76 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ADNOC Drilling Company PJSC and its competitors. This is near median its historical median of 5.55. Over the past decade, ADNOC Drilling Company PJSC's PB Ratio has ranged from 4.49 to 7.27. According to the industry distribution chart, ADNOC Drilling Company PJSC ranks #837 out of 928 companies in the Oil & Gas industry, placing it in the top 90.2%.
Is ADNOC Drilling Company PJSC's PB Ratio too high?
ADNOC Drilling Company PJSC's current PB Ratio of 5.76 is near median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 7.27. The Oil & Gas industry median PB Ratio is 1.45. ADNOC Drilling Company PJSC's value of 5.76 is 298.6% above this industry median. Based on the distribution chart, ADNOC Drilling Company PJSC ranks #837 out of 928 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, ADNOC Drilling Company PJSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Drilling Company PJSC's PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, ADNOC Drilling Company PJSC ranks #837 out of 928 companies for PB Ratio. This places ADNOC Drilling Company PJSC in the lower half of its industry. The industry median PB Ratio is 1.45. ADNOC Drilling Company PJSC's value of 5.76 is 298.6% above this benchmark. Historically, ADNOC Drilling Company PJSC's own PB Ratio has ranged from 4.49 to 7.27 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 1.45, ADNOC Drilling Company PJSC 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 1.45, based on 928 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. ADNOC Drilling Company PJSC's current PB Ratio of 5.76 is 298.6% 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 ADNOC Drilling Company PJSC and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADNOC Drilling Company PJSC's current PB Ratio is 5.76, which is near median its own 10-year median of 5.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Drilling Company PJSC stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ6.49, compared to a current price of د.إ5.82 — trading 10.3% below its estimated fair value. The current PB Ratio is 5.76, which is near median its 10-year median of 5.55 and 298.6% above the Oil & Gas industry median of 1.45. ADNOC Drilling Company PJSC's overall GF Score™ is 90/100 with 4 warning signs 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL), the current PB Ratio is 5.76 as of Aug. 02, 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.
Is ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Overvalued in 2026?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC stock appears to be undervalued.
The current stock price of د.إ5.82 is trading 10.3% below its estimated GF Value™ of د.إ6.49.
GuruFocus considers ADNOC Drilling Company PJSC to be Modestly Undervalued.
Key valuation signals for ADX:ADNOCDRILL:
PB Ratio: 5.76 (near median its 10-year median of 5.55)
GF Value™: د.إ6.49 vs. price of د.إ5.82 (10.3% below fair value)
Industry Position: 298.6% above the Oil & Gas median (#837 of 928)
No single metric tells the full story. See the ADX:ADNOCDRILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore, and OilField Services, with maximum revenue from the Onshore segment.
90GF Score
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