Dolphin Offshore Enterprises India (BOM:522261) PB Ratio: 4.09 (As of Jul. 08, 2026) — 4444% Above Median


BOM:522261 Dolphin Offshore Enterprises India Ltd BOM:522261
54 GF Score
Price ₹361.00
GF Value ₹2,121.92
Valuation Possible Value Trap
! 3 Warning Signs
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What is Dolphin Offshore Enterprises India PB Ratio?

Dolphin Offshore Enterprises India BOM:522261 -1.98% 54 PB Ratio is 4.09 as of Jul. 08, 2026, which is 4444% above its 10-year median of 0.09. GuruFocus rates BOM:522261 with a GF Score™ of 54/100 and a GF Value™ of ₹2,121.92 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 925 Oil & Gas companies, Dolphin Offshore Enterprises India ranks worse than 86.16% 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 (2026-07-08), Dolphin Offshore Enterprises India's share price is ₹361.00. Dolphin Offshore Enterprises India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹88.35. Hence, Dolphin Offshore Enterprises India's PB Ratio of today is 4.09.

Good Sign:

Dolphin Offshore Enterprises India Ltd stock PB Ratio (=4.32) is close to 2-year low of 4.23.

The historical rank and industry rank for Dolphin Offshore Enterprises India's PB Ratio or its related term are showing as below:

BOM:522261' s PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 15.48
Current: 4.09

During the past 13 years, Dolphin Offshore Enterprises India's highest PB Ratio was 15.48. The lowest was 0.01. And the median was 0.09.

BOM:522261's PB Ratio is ranked worse than
86.16% of 925 companies
in the Oil & Gas industry
Industry Median: 1.41 vs BOM:522261: 4.09

During the past 12 months, Dolphin Offshore Enterprises India's average Book Value Per Share Growth Rate was 29.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -44.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -35.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dolphin Offshore Enterprises India was 50.80% per year. The lowest was -72.90% per year. And the median was 15.25% per year.

Back to Basics: PB Ratio


Dolphin Offshore Enterprises India  (BOM:522261) 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.


Dolphin Offshore Enterprises India PB Ratio Related Terms


Dolphin Offshore Enterprises India PB Ratio Historical Data

* Premium members only.

The historical data trend for Dolphin Offshore Enterprises India'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.

Dolphin Offshore Enterprises India PB Ratio Chart

Dolphin Offshore Enterprises India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.60 5.36 4.19 4.49

Dolphin Offshore Enterprises India Quarterly Data
Dec16 Mar17 Mar18 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 4.19 0.00 5.11 0.00 4.49

BOM:522261 vs SLB, BKR, HAL: PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises India'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.


Dolphin Offshore Enterprises India PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dolphin Offshore Enterprises India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dolphin Offshore Enterprises India's PB Ratio falls into.


BOM:522261
54GF Score
Dolphin Offshore Enterprises India Ltd BOM:522261
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dolphin Offshore Enterprises India 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.

Dolphin Offshore Enterprises India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=361.00/88.346
=4.09

* 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 4.09 mean?
Dolphin Offshore Enterprises India (BOM:522261) has a PB Ratio of 4.09 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dolphin Offshore Enterprises India and its competitors. This is 4444% above median its historical median of 0.09. Over the past decade, Dolphin Offshore Enterprises India's PB Ratio has ranged from 0.01 to 15.48. According to the industry distribution chart, Dolphin Offshore Enterprises India ranks #797 out of 925 companies in the Oil & Gas industry, placing it in the top 86.2%.
Is Dolphin Offshore Enterprises India's PB Ratio too high?
Dolphin Offshore Enterprises India's current PB Ratio of 4.09 is 4444% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 15.48. The Oil & Gas industry median PB Ratio is 1.41. Dolphin Offshore Enterprises India's value of 4.09 is 190.1% above this industry median. Based on the distribution chart, Dolphin Offshore Enterprises India ranks #797 out of 925 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dolphin Offshore Enterprises India has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Offshore Enterprises India's PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dolphin Offshore Enterprises India ranks #797 out of 925 companies for PB Ratio. This places Dolphin Offshore Enterprises India in the lower half of its industry. The industry median PB Ratio is 1.41. Dolphin Offshore Enterprises India's value of 4.09 is 190.1% above this benchmark. Historically, Dolphin Offshore Enterprises India's own PB Ratio has ranged from 0.01 to 15.48 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 1.41, Dolphin Offshore Enterprises India 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 1.41, based on 925 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. Dolphin Offshore Enterprises India's current PB Ratio of 4.09 is 190.1% 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 Dolphin Offshore Enterprises India and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Offshore Enterprises India's current PB Ratio is 4.09, which is 4444% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Offshore Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India (BOM:522261) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,121.92, compared to a current price of ₹361.00 — trading 83% below its estimated fair value. The current PB Ratio is 4.09, which is 4444% above median its 10-year median of 0.09 and 190.1% above the Oil & Gas industry median of 1.41. Dolphin Offshore Enterprises India's overall GF Score™ is 54/100 with 3 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 Dolphin Offshore Enterprises India (BOM:522261), the current PB Ratio is 4.09 as of Jul. 08, 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 Dolphin Offshore Enterprises India (BOM:522261) Overvalued in 2026?

Based on GuruFocus' analysis, Dolphin Offshore Enterprises India stock appears to be undervalued. The current stock price of ₹361.00 is trading 83% below its estimated GF Value™ of ₹2,121.92. GuruFocus considers Dolphin Offshore Enterprises India to be Possible Value Trap.

Key valuation signals for BOM:522261:

  • PB Ratio: 4.09 (4444% above median its 10-year median of 0.09)
  • GF Value™: ₹2,121.92 vs. price of ₹361.00 (83% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 190.1% above the Oil & Gas median (#797 of 925)

No single metric tells the full story. See the BOM:522261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dolphin Offshore Enterprises India Business Description

Industry EnergyOil & Gas
Other Exchanges DOLPHIN:India
Address S.V. Road, May Fair, A-11, Second Floor, New Fair Co-Operative Housing Society Ltd, Bandra West, Mumbai, MH, IND, 400050
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
54GF Score

Get the complete analysis for BOM:522261

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

₹361.00
Price
₹2,121.92
GF Value