OQ Gas Network Company S A O G (MUS:OQGN) PB Ratio: 1.40 (As of Aug. 03, 2026) — 39% Above Median

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Founder & CEO of GuruFocus
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MUS:OQGN OQ Gas Network Company S A O G MUS:OQGN
7 GF Score
Price ر.ع0.20
GF Value ر.ع0.30
Valuation Possible Value Trap
! 8 Warning Signs
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What is OQ Gas Network Company S A O G PB Ratio?

OQ Gas Network Company S A O G MUS:OQGN 7 PB Ratio is 1.40 as of Aug. 03, 2026, which is 39% above its 10-year median of 1.01. GuruFocus rates MUS:OQGN with a GF Score™ of 7/100 and a GF Value™ of ر.ع0.30 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 928 Oil & Gas companies, OQ Gas Network Company S A O G ranks better than 51.19% 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 Gas Network Company S A O G's share price is ر.ع0.20. OQ Gas Network Company S A O G's Book Value per Share for the quarter that ended in Mar. 2026 was ر.ع0.14. Hence, OQ Gas Network Company S A O G's PB Ratio of today is 1.40.

The historical rank and industry rank for OQ Gas Network Company S A O G's PB Ratio or its related term are showing as below:

MUS:OQGN' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.01   Max: 1.92
Current: 1.41

During the past 4 years, OQ Gas Network Company S A O G's highest PB Ratio was 1.92. The lowest was 0.87. And the median was 1.01.

MUS:OQGN's PB Ratio is ranked better than
51.19% of 928 companies
in the Oil & Gas industry
Industry Median: 1.44 vs MUS:OQGN: 1.41

During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of OQ Gas Network Company S A O G was 1.20% per year. The lowest was 1.20% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio


OQ Gas Network Company S A O G  (MUS:OQGN) 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 Gas Network Company S A O G PB Ratio Related Terms


OQ Gas Network Company S A O G PB Ratio Historical Data

* Premium members only.

The historical data trend for OQ Gas Network Company S A O G'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 Gas Network Company S A O G PB Ratio Chart

OQ Gas Network Company S A O G Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 1.03 0.95 1.33

OQ Gas Network Company S A O G Quarterly Data
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 0.93 1.05 1.07 1.33 1.87

MUS:OQGN vs WMB, EPD, KMI: PB Ratio Comparison

For the Oil & Gas Midstream subindustry, OQ Gas Network Company S A O G'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 Gas Network Company S A O G PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OQ Gas Network Company S A O G's PB Ratio distribution charts can be found below:

* The bar in red indicates where OQ Gas Network Company S A O G's PB Ratio falls into.


MUS:OQGN
7GF Score
OQ Gas Network Company S A O G MUS:OQGN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OQ Gas Network Company S A O G 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 Gas Network Company S A O G's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.20/0.143
=1.40

* 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 1.40 mean?
OQ Gas Network Company S A O G (MUS:OQGN) has a PB Ratio of 1.40 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 Gas Network Company S A O G and its competitors. This is 39% above median its historical median of 1.01. Over the past decade, OQ Gas Network Company S A O G's PB Ratio has ranged from 0.87 to 1.92. According to the industry distribution chart, OQ Gas Network Company S A O G ranks #453 out of 928 companies in the Oil & Gas industry, placing it in the top 48.8%.
Is OQ Gas Network Company S A O G's PB Ratio too high?
OQ Gas Network Company S A O G's current PB Ratio of 1.40 is 39% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.92. The Oil & Gas industry median PB Ratio is 1.44. OQ Gas Network Company S A O G's value of 1.40 is 2.8% below this industry median. Based on the distribution chart, OQ Gas Network Company S A O G ranks #453 out of 928 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, OQ Gas Network Company S A O G has a GF Score™ of 7/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OQ Gas Network Company S A O G's PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, OQ Gas Network Company S A O G ranks #453 out of 928 companies for PB Ratio. This puts OQ Gas Network Company S A O G in the upper half of its industry. The industry median PB Ratio is 1.44. OQ Gas Network Company S A O G's value of 1.40 is 2.8% below this benchmark. Historically, OQ Gas Network Company S A O G's own PB Ratio has ranged from 0.87 to 1.92 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.44, OQ Gas Network Company S A O G 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 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 Gas Network Company S A O G's current PB Ratio of 1.40 is 2.8% 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 OQ Gas Network Company S A O G 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 Gas Network Company S A O G's current PB Ratio is 1.40, which is 39% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OQ Gas Network Company S A O G stock overvalued right now?
Based on GuruFocus' analysis, OQ Gas Network Company S A O G (MUS:OQGN) is currently considered Possible Value Trap. The stock's GF Value™ is ر.ع0.30, compared to a current price of ر.ع0.20 — trading 33.3% below its estimated fair value. The current PB Ratio is 1.40, which is 39% above median its 10-year median of 1.01 and 2.8% below the Oil & Gas industry median of 1.44. OQ Gas Network Company S A O G's overall GF Score™ is 7/100 with 8 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 Gas Network Company S A O G (MUS:OQGN), the current PB Ratio is 1.40 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.

Is OQ Gas Network Company S A O G (MUS:OQGN) Overvalued in 2026?

Based on GuruFocus' analysis, OQ Gas Network Company S A O G stock appears to be undervalued. The current stock price of ر.ع0.20 is trading 33.3% below its estimated GF Value™ of ر.ع0.30. GuruFocus considers OQ Gas Network Company S A O G to be Possible Value Trap.

Key valuation signals for MUS:OQGN:

  • PB Ratio: 1.40 (39% above median its 10-year median of 1.01)
  • GF Value™: ر.ع0.30 vs. price of ر.ع0.20 (33.3% below fair value)
  • GF Score™: 7/100 with 8 warning signs
  • Industry Position: 2.8% below the Oil & Gas median (#453 of 928)

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


OQ Gas Network Company S A O G Business Description

Industry EnergyOil & Gas
Address Al Khuwair, P.O. Box 799, Sultanate of Oman, Muscat, OMN, 133
OQ Gas Network Company S A O G is a company that is the exclusive owner and operator of the Natural Gas Transportation Network in Oman by providing an indispensable link between Omani gas producers and gas consumers. It is responsible for acquiring, constructing, operating, and maintaining gas transportation pipelines, facilitating natural gas distribution from producers to consumers, and serving Oman's Liquefied Natural Gas (LNG) complexes, oil and gas sector, power and desalination plants, industrial clusters, free zones, and other customers.
7GF Score

Get the complete analysis for MUS:OQGN

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

ر.ع0.20
Price
ر.ع0.30
GF Value