Adnoc Logistics & Services (ADX:ADNOCLS) PB Ratio: 1.88 (As of Sep. 12, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:ADNOCLS Adnoc Logistics & Services PLC ADX:ADNOCLS
59 GF Score
Price د.إ7.34
GF Value د.إ8.62
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Adnoc Logistics & Services PB Ratio?

Adnoc Logistics & Services ADX:ADNOCLS +2.95% 59 PB Ratio is 1.88 as of Sep. 12, 2026, which is 6% above its 10-year median of 1.77. GuruFocus rates ADX:ADNOCLS with a GF Score™ of 59/100 and a GF Value™ of د.إ8.62 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, Adnoc Logistics & Services ranks worse than 65.71% on this metric.

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 (2026-09-12), Adnoc Logistics & Services's share price is د.إ7.34. Adnoc Logistics & Services's Book Value per Share for the quarter that ended in Jun. 2026 was د.إ3.90. Hence, Adnoc Logistics & Services's PB Ratio of today is 1.88.

Warning Sign:

Adnoc Logistics & Services PLC stock PB Ratio (=1.88) is close to 1-year high of 1.96.

The historical rank and industry rank for Adnoc Logistics & Services's PB Ratio or its related term are showing as below:

ADX:ADNOCLS' s PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 1.77   Max: 2.41
Current: 1.88

During the past 5 years, Adnoc Logistics & Services's highest PB Ratio was 2.41. The lowest was 1.44. And the median was 1.77.

ADX:ADNOCLS's PB Ratio is ranked worse than
65.71% of 977 companies
in the Transportation industry
Industry Median: 1.29 vs ADX:ADNOCLS: 1.88

During the past 12 months, Adnoc Logistics & Services's average Book Value Per Share Growth Rate was 32.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 57.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Adnoc Logistics & Services was 57.00% per year. The lowest was 47.40% per year. And the median was 52.20% per year.

Back to Basics: PB Ratio


Adnoc Logistics & Services  (ADX:ADNOCLS) 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.


Adnoc Logistics & Services PB Ratio Related Terms


Adnoc Logistics & Services PB Ratio Historical Data

* Premium members only.

The historical data trend for Adnoc Logistics & Services'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.

Adnoc Logistics & Services PB Ratio Chart

Adnoc Logistics & Services Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 1.75 2.23 1.71

Adnoc Logistics & Services Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.58 1.84 1.71 1.48 1.54

Adnoc Logistics & Services PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Adnoc Logistics & Services'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 Logistics & Services PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Adnoc Logistics & Services's PB Ratio distribution charts can be found below:

* The bar in red indicates where Adnoc Logistics & Services's PB Ratio falls into.


ADX:ADNOCLS
59GF Score
Adnoc Logistics & Services PLC ADX:ADNOCLS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adnoc Logistics & Services 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.

Adnoc Logistics & Services's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=7.34/3.904
=1.88

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.88 mean?
Adnoc Logistics & Services (ADX:ADNOCLS) has a PB Ratio of 1.88 as of Sep. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Adnoc Logistics & Services and its competitors. This is near median its historical median of 1.77. Over the past decade, Adnoc Logistics & Services' PB Ratio has ranged from 1.44 to 2.41. According to the industry distribution chart, Adnoc Logistics & Services ranks #642 out of 977 companies in the Transportation industry, placing it in the top 65.7%.
Is Adnoc Logistics & Services' PB Ratio too high?
Adnoc Logistics & Services' current PB Ratio of 1.88 is near median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 2.41. The Transportation industry median PB Ratio is 1.29. Adnoc Logistics & Services' value of 1.88 is 45.7% above this industry median. Based on the distribution chart, Adnoc Logistics & Services ranks #642 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, Adnoc Logistics & Services has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adnoc Logistics & Services' PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Adnoc Logistics & Services ranks #642 out of 977 companies for PB Ratio. This places Adnoc Logistics & Services in the lower half of its industry. The industry median PB Ratio is 1.29. Adnoc Logistics & Services' value of 1.88 is 45.7% above this benchmark. Historically, Adnoc Logistics & Services' own PB Ratio has ranged from 1.44 to 2.41 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.29, Adnoc Logistics & Services 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 a Transportation company?
The median PB Ratio among Transportation companies is 1.29, based on 977 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 Logistics & Services's current PB Ratio of 1.88 is 45.7% 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 Logistics & Services and its competitors. For the Transportation industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adnoc Logistics & Services's current PB Ratio is 1.88, which is near median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adnoc Logistics & Services stock overvalued right now?
Based on GuruFocus' analysis, Adnoc Logistics & Services (ADX:ADNOCLS) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ8.62, compared to a current price of د.إ7.34 — trading 14.8% below its estimated fair value. The current PB Ratio is 1.88, which is near median its 10-year median of 1.77 and 45.7% above the Transportation industry median of 1.29. Adnoc Logistics & Services' overall GF Score™ is 59/100 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 Logistics & Services (ADX:ADNOCLS), the current PB Ratio is 1.88 as of Sep. 12, 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 Logistics & Services (ADX:ADNOCLS) Overvalued in 2026?

Based on GuruFocus' analysis, Adnoc Logistics & Services stock appears to be undervalued. The current stock price of د.إ7.34 is trading 14.8% below its estimated GF Value™ of د.إ8.62. GuruFocus considers Adnoc Logistics & Services to be Modestly Undervalued.

Key valuation signals for ADX:ADNOCLS:

  • PB Ratio: 1.88 (near median its 10-year median of 1.77)
  • GF Value™: د.إ8.62 vs. price of د.إ7.34 (14.8% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 45.7% above the Transportation median (#642 of 977)

No single metric tells the full story. See the ADX:ADNOCLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adnoc Logistics & Services Business Description

Address Abu Dhabi Global Market Square, Part of Level 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE
Adnoc Logistics & Services PLC is a fully integrated energy maritime logistics company that operates onshore and offshore energy-related logistics activities. Along with its subsidiaries, the company operates in the following divisions: Integrated Logistics, Shipping, Services, and Others. Maximum revenue is generated from the Integrated Logistics business, which comprises three operating segments: offshore contracting, offshore services, and offshore projects, which include engineering, procurement, and construction (EPC) and other projects. The Shipping business includes its tankers, gas carriers, and dry-bulk shipping (including containers) reportable segments; and the Services segment comprises the group's marine, onshore, pool management operations, and other services.
59GF Score

Get the complete analysis for ADX:ADNOCLS

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ7.34
Price
د.إ8.62
GF Value