Oil & Gas Development CoKAR:OGDC +0.53%86 PB Ratio is 1.04 as of Jun. 24, 2026, which is 49% above its 10-year median of 0.70. GuruFocus rates KAR:OGDC with a GF Score™ of 86/100 and a GF Value™ of ₨170.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 923 Oil & Gas companies, Oil & Gas Development Co ranks better than 64.9% on this metric.
Oil & Gas Development Co Ltd stock PB Ratio (=1.01) is close to 5-year high of 1.02.
The historical rank and industry rank for Oil & Gas Development Co's PB Ratio or its related term are showing as below:
KAR:OGDC'
s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.7 Max: 1.56
Current: 1.04
During the past 13 years, Oil & Gas Development Co's highest PB Ratio was 1.56. The lowest was 0.31. And the median was 0.70.
KAR:OGDC's PB Ratio is ranked better than 64.9% of 923
companies
in the Oil & Gas industry
Industry Median: 1.44
vs KAR:OGDC: 1.04
During the past 12 months, Oil & Gas Development Co's average Book Value Per Share Growth Rate was 5.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Oil & Gas Development Co was 28.60% per year. The lowest was 7.50% per year. And the median was 15.10% per year.
Back to Basics: PB Ratio
Oil & Gas Development Co (KAR:OGDC) 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.
* 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, Oil & Gas Development Co'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.
Oil & Gas Development Co PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil & Gas Development Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Oil & Gas Development Co'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.
Oil & Gas Development Co (KAR:OGDC) has a PB Ratio of 1.04 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Oil & Gas Development Co and its competitors. This is 49% above median its historical median of 0.70. Over the past decade, Oil & Gas Development Co's PB Ratio has ranged from 0.31 to 1.56. According to the industry distribution chart, Oil & Gas Development Co ranks #324 out of 923 companies in the Oil & Gas industry, placing it in the top 35.1%.
Is Oil & Gas Development Co's PB Ratio too high?
Oil & Gas Development Co's current PB Ratio of 1.04 is 49% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.56. The Oil & Gas industry median PB Ratio is 1.44. Oil & Gas Development Co's value of 1.04 is 27.8% below this industry median. Based on the distribution chart, Oil & Gas Development Co ranks #324 out of 923 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Oil & Gas Development Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oil & Gas Development Co's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Oil & Gas Development Co ranks #324 out of 923 companies for PB Ratio. This puts Oil & Gas Development Co in the upper half of its industry. The industry median PB Ratio is 1.44. Oil & Gas Development Co's value of 1.04 is 27.8% below this benchmark. Historically, Oil & Gas Development Co's own PB Ratio has ranged from 0.31 to 1.56 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.44, Oil & Gas Development Co has consistently been below 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 1.44, 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. Oil & Gas Development Co's current PB Ratio of 1.04 is 27.8% 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 Oil & Gas Development Co and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil & Gas Development Co's current PB Ratio is 1.04, which is 49% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil & Gas Development Co stock overvalued right now?
Based on GuruFocus' analysis, Oil & Gas Development Co (KAR:OGDC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨170.61, compared to a current price of ₨339.96 — trading 99.3% above its estimated fair value. The current PB Ratio is 1.04, which is 49% above median its 10-year median of 0.70 and 27.8% below the Oil & Gas industry median of 1.44. Oil & Gas Development Co's overall GF Score™ is 86/100 with 7 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 Oil & Gas Development Co (KAR:OGDC), the current PB Ratio is 1.04 as of Jun. 24, 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 Oil & Gas Development Co (KAR:OGDC) Overvalued in 2026?
Based on GuruFocus' analysis, Oil & Gas Development Co stock appears to be overvalued.
The current stock price of ₨339.96 is trading 99.3% above its estimated GF Value™ of ₨170.61.
GuruFocus considers Oil & Gas Development Co to be Significantly Overvalued.
Key valuation signals for KAR:OGDC:
PB Ratio: 1.04 (49% above median its 10-year median of 0.70)
GF Value™: ₨170.61 vs. price of ₨339.96 (99.3% above fair value)
Industry Position: 27.8% below the Oil & Gas median (#324 of 923)
No single metric tells the full story. See the KAR:OGDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil & Gas Development Co Ltd is a Pakistani state-owned oil and gas exploration and production company. It operates a broad portfolio of oil and gas fields across Pakistan, focusing on exploring, developing, producing, and selling crude oil, natural gas, liquefied petroleum gas, and sulfur. The company generates revenue through the sale of these petroleum products, supplying sectors like power generation, fertilizer, and distribution companies. The company also pursues opportunities to expand domestically and internationally, including involvement in mining and energy projects beyond Pakistan.
86GF Score
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