OQ Exploration and Production (MUS:OQEP) PB Ratio: 3.87 (As of Aug. 03, 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

MUS:OQEP OQ Exploration and Production MUS:OQEP
38 GF Score
Price ر.ع0.44
! 2 Warning Signs
View Full Analysis

What is OQ Exploration and Production PB Ratio?

OQ Exploration and Production MUS:OQEP -0.23% 38 PB Ratio is 3.87 as of Aug. 03, 2026, which is 29% above its 10-year median of 3.00. GuruFocus rates MUS:OQEP with a GF Score™ of 38/100. The stock has 2 warning signs investors should review. Among 928 Oil & Gas companies, OQ Exploration and Production ranks worse than 84.38% 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 (2026-08-03), OQ Exploration and Production's share price is ر.ع0.441. OQ Exploration and Production's Book Value per Share for the quarter that ended in Dec. 2025 was ر.ع0.11. Hence, OQ Exploration and Production's PB Ratio of today is 3.87.

The historical rank and industry rank for OQ Exploration and Production's PB Ratio or its related term are showing as below:

MUS:OQEP' s PB Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3   Max: 4.54
Current: 3.85

During the past 3 years, OQ Exploration and Production's highest PB Ratio was 4.54. The lowest was 2.28. And the median was 3.00.

MUS:OQEP's PB Ratio is ranked worse than
84.38% of 928 companies
in the Oil & Gas industry
Industry Median: 1.44 vs MUS:OQEP: 3.85

Back to Basics: PB Ratio


OQ Exploration and Production  (MUS:OQEP) 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.


OQ Exploration and Production PB Ratio Related Terms


OQ Exploration and Production PB Ratio Historical Data

* Premium members only.

The historical data trend for OQ Exploration and Production'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.

OQ Exploration and Production PB Ratio Chart

OQ Exploration and Production Annual Data
Trend Dec23 Dec24 Dec25
PB Ratio
0.00 2.96 3.16

OQ Exploration and Production Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only 2.96 2.76 2.68 2.95 3.16

MUS:OQEP vs COP, EOG, FANG: PB Ratio Comparison

For the Oil & Gas E&P subindustry, OQ Exploration and Production'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.


OQ Exploration and Production PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OQ Exploration and Production's PB Ratio distribution charts can be found below:

* The bar in red indicates where OQ Exploration and Production's PB Ratio falls into.


MUS:OQEP
38GF Score
OQ Exploration and Production MUS:OQEP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OQ Exploration and Production 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.

OQ Exploration and Production's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.441/0.114
=3.87

* 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 3.87 mean?
OQ Exploration and Production (MUS:OQEP) has a PB Ratio of 3.87 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on OQ Exploration and Production and its competitors. This is 29% above median its historical median of 3.00. Over the past decade, OQ Exploration and Production's PB Ratio has ranged from 2.28 to 4.54. According to the industry distribution chart, OQ Exploration and Production ranks #783 out of 928 companies in the Oil & Gas industry, placing it in the top 84.4%.
Is OQ Exploration and Production's PB Ratio too high?
OQ Exploration and Production's current PB Ratio of 3.87 is 29% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 4.54. The Oil & Gas industry median PB Ratio is 1.44. OQ Exploration and Production's value of 3.87 is 168.8% above this industry median. Based on the distribution chart, OQ Exploration and Production ranks #783 out of 928 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, OQ Exploration and Production has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does OQ Exploration and Production's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, OQ Exploration and Production ranks #783 out of 928 companies for PB Ratio. This places OQ Exploration and Production in the lower half of its industry. The industry median PB Ratio is 1.44. OQ Exploration and Production's value of 3.87 is 168.8% above this benchmark. Historically, OQ Exploration and Production's own PB Ratio has ranged from 2.28 to 4.54 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 1.44, OQ Exploration and Production 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 1.44, based on 928 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. OQ Exploration and Production's current PB Ratio of 3.87 is 168.8% 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 OQ Exploration and Production 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. OQ Exploration and Production's current PB Ratio is 3.87, which is 29% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OQ Exploration and Production stock overvalued right now?
OQ Exploration and Production (MUS:OQEP) has a current PB Ratio of 3.87. The current PB Ratio is 3.87, which is 29% above median its 10-year median of 3.00 and 168.8% above the Oil & Gas industry median of 1.44. OQ Exploration and Production's overall GF Score™ is 38/100 with 2 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 OQ Exploration and Production (MUS:OQEP), the current PB Ratio is 3.87 as of Aug. 03, 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.

OQ Exploration and Production Business Description

Industry EnergyOil & Gas
Address P.O. Box 200, Muscat Governorate, Madinat Al Irfan, Bawshar, Muscat, OMN, 102
OQ Exploration and Production is engaged in identifying, acquiring, managing, and operating interests in petroleum and other related enterprises. The company reports across two operating segments: blocks operated by OQEP and blocks operated by other entities. The company generates majority of revenue from blocks operated by other entities.
38GF Score

Get the complete analysis for MUS:OQEP

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

ر.ع0.44
Price