Melbana EnergyASX:MAY PB Ratio is 0.24 as of Jun. 25, 2026. Among 923 Oil & Gas companies, Melbana Energy ranks better than 97.4% 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 (2026-06-25), Melbana Energy's share price is A$0.004. Melbana Energy's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.02. Hence, Melbana Energy's PB Ratio of today is 0.24.
The historical rank and industry rank for Melbana Energy's PB Ratio or its related term are showing as below:
ASX:MAY'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.29
Current: 0.23
During the past 13 years, Melbana Energy's highest PB Ratio was 0.29. The lowest was 0.00. And the median was 0.00.
ASX:MAY's PB Ratio is ranked better than 97.4% of 923
companies
in the Oil & Gas industry
Industry Median: 1.42
vs ASX:MAY: 0.23
During the past 12 months, Melbana Energy's average Book Value Per Share Growth Rate was 6.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 43.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Melbana Energy was 151.40% per year. The lowest was -71.20% per year. And the median was -8.90% 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.
Melbana Energy PB Ratio Related Terms
Melbana Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for Melbana Energy'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.
For the Oil & Gas E&P subindustry, Melbana Energy'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.
Melbana Energy PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Melbana Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Melbana Energy'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.
Melbana Energy's PB Ratio for today is calculated as follows:
* 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.
Melbana Energy (ASX:MAY) has a PB Ratio of 0.24 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Melbana Energy and its competitors. According to the industry distribution chart, Melbana Energy ranks #24 out of 923 companies in the Oil & Gas industry, placing it in the top 2.6%.
Is Melbana Energy's PB Ratio too high?
Melbana Energy's current PB Ratio is 0.24. The Oil & Gas industry median PB Ratio is 1.42. Melbana Energy's value of 0.24 is 83.1% below this industry median. Based on the distribution chart, Melbana Energy ranks #24 out of 923 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Melbana Energy's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Melbana Energy ranks #24 out of 923 companies for PB Ratio. This places Melbana Energy in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.42. Melbana Energy's value of 0.24 is 83.1% below this benchmark. 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 1.42, based on 923 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. Melbana Energy's current PB Ratio of 0.24 is 83.1% below 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 Melbana Energy and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melbana Energy's current PB Ratio is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melbana Energy stock overvalued right now?
Melbana Energy (ASX:MAY) has a current PB Ratio of 0.24. The current PB Ratio is 0.24 and 83.1% below the Oil & Gas industry median of 1.42. 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 Melbana Energy (ASX:MAY), the current PB Ratio is 0.24 as of Jun. 25, 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.
Melbana Energy Ltd is an Australia-based independent oil and gas company. It operates in the petroleum exploration industry within Australia and Cuba. The principal activities of the company are oil and gas exploration. Its projects include Cuba - Block 9 PSC, Cuba - Santa Cruz, Australia - Bonaparte Gulf - Petrel Sub-Basin Exploration, Tassie Shoal Projects, and Australia - Vulcan Sub-Basin Exploration.
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