Evolution PetroleumEPM -0.39%75 PB Ratio is 2.33 as of Jun. 25, 2026, which is 8% below its 10-year median of 2.54. GuruFocus rates EPM with a GF Score™ of 75/100 and a GF Value™ of $4.70 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 923 Oil & Gas companies, Evolution Petroleum ranks worse than 71.61% on this metric.
The historical rank and industry rank for Evolution Petroleum's PB Ratio or its related term are showing as below:
EPM'
s PB Ratio Range Over the Past 10 Years
Min: 0.96 Med: 2.54 Max: 4.92
Current: 2.33
During the past 13 years, Evolution Petroleum's highest PB Ratio was 4.92. The lowest was 0.96. And the median was 2.54.
EPM's PB Ratio is ranked worse than 71.61% of 923
companies
in the Oil & Gas industry
Industry Median: 1.42
vs EPM: 2.33
During the past 12 months, Evolution Petroleum's average Book Value Per Share Growth Rate was -22.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Evolution Petroleum was 117.50% per year. The lowest was -11.30% per year. And the median was 6.90% per year.
Back to Basics: PB Ratio
Evolution Petroleum (AMEX:EPM) PB Ratio Explanation
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.
Evolution Petroleum PB Ratio Related Terms
Evolution Petroleum PB Ratio Historical Data
* Premium members only.
The historical data trend for Evolution Petroleum'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, Evolution Petroleum'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.
Evolution Petroleum PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Evolution Petroleum's PB Ratio distribution charts can be found below:
* The bar in red indicates where Evolution Petroleum'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.
Evolution Petroleum (EPM) has a PB Ratio of 2.33 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 Evolution Petroleum and its competitors. This is near median its historical median of 2.54. Over the past decade, Evolution Petroleum's PB Ratio has ranged from 0.96 to 4.92. According to the industry distribution chart, Evolution Petroleum ranks #661 out of 923 companies in the Oil & Gas industry, placing it in the top 71.6%.
Is Evolution Petroleum's PB Ratio too high?
Evolution Petroleum's current PB Ratio of 2.33 is near median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 4.92. The Oil & Gas industry median PB Ratio is 1.42. Evolution Petroleum's value of 2.33 is 64.1% above this industry median. Based on the distribution chart, Evolution Petroleum ranks #661 out of 923 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Evolution Petroleum has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution Petroleum's PB Ratio compare to GLND and EPSN?
According to the Oil & Gas industry distribution chart, Evolution Petroleum ranks #661 out of 923 companies for PB Ratio. This places Evolution Petroleum in the lower half of its industry. The industry median PB Ratio is 1.42. Evolution Petroleum's value of 2.33 is 64.1% above this benchmark. Historically, Evolution Petroleum's own PB Ratio has ranged from 0.96 to 4.92 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.42, Evolution Petroleum 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 1.42, 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. Evolution Petroleum's current PB Ratio of 2.33 is 64.1% 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 Evolution Petroleum 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. Evolution Petroleum's current PB Ratio is 2.33, which is near median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Evolution Petroleum (EPM) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.70, compared to a current price of $3.81 — trading 19% below its estimated fair value. The current PB Ratio is 2.33, which is near median its 10-year median of 2.54 and 64.1% above the Oil & Gas industry median of 1.42. Evolution Petroleum's overall GF Score™ is 75/100 with 6 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 Evolution Petroleum (EPM), the current PB Ratio is 2.33 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.
Is Evolution Petroleum (EPM) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution Petroleum stock appears to be undervalued.
The current stock price of $3.81 is trading 19% below its estimated GF Value™ of $4.70.
GuruFocus considers Evolution Petroleum to be Modestly Undervalued.
Key valuation signals for EPM:
PB Ratio: 2.33 (near median its 10-year median of 2.54)
GF Value™: $4.70 vs. price of $3.81 (19% below fair value)
Industry Position: 64.1% above the Oil & Gas median (#661 of 923)
No single metric tells the full story. See the EPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution Petroleum Corp is an independent energy company focused on owning and investing in onshore oil and natural gas properties across the United States. Its portfolio includes non-operated interests in various production fields such as CO2 enhanced oil recovery in Louisiana, secondary recovery production in Wyoming, and shale gas reservoirs in Texas and North Dakota. The company generates revenue from the production and sale of oil and natural gas, leveraging specialized technologies to extend reservoir life and enhance recoveries.
75GF Score
Get the complete analysis for EPM
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EPM has been successfully added to your 
