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Hindustan Oil Exploration Co Ltd stock PB Ratio (=1.55) is close to 1-year high of 1.67.
The historical rank and industry rank for Hindustan Oil Exploration Co's PB Ratio or its related term are showing as below:
NSE:HINDOILEXP'
s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 2.03 Max: 3.68
Current: 1.52
During the past 13 years, Hindustan Oil Exploration Co's highest PB Ratio was 3.68. The lowest was 0.71. And the median was 2.03.
NSE:HINDOILEXP's PB Ratio is ranked worse than 51.51% of 928
companies
in the Oil & Gas industry
Industry Median: 1.44
vs NSE:HINDOILEXP: 1.52
During the past 12 months, Hindustan Oil Exploration Co's average Book Value Per Share Growth Rate was 4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hindustan Oil Exploration Co was 32.50% per year. The lowest was -37.30% per year. And the median was 12.60% per year.
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.
Hindustan Oil Exploration Co PB Ratio Related Terms
Hindustan Oil Exploration Co PB Ratio Historical Data
* 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.
NSE:HINDOILEXP vs COP, EOG, FANG: PB Ratio Comparison
For the Oil & Gas E&P subindustry, Hindustan Oil Exploration 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.
Hindustan Oil Exploration Co PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hindustan Oil Exploration Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hindustan Oil Exploration 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.
Hindustan Oil Exploration Co (NSE:HINDOILEXP) has a PB Ratio of 1.54 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 Hindustan Oil Exploration Co and its competitors. This is 24% below median its historical median of 2.03. Over the past decade, Hindustan Oil Exploration Co's PB Ratio has ranged from 0.71 to 3.68. According to the industry distribution chart, Hindustan Oil Exploration Co ranks #478 out of 928 companies in the Oil & Gas industry, placing it in the top 51.5%.
Is Hindustan Oil Exploration Co's PB Ratio too high?
Hindustan Oil Exploration Co's current PB Ratio of 1.54 is 24% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.68. The Oil & Gas industry median PB Ratio is 1.44. Hindustan Oil Exploration Co's value of 1.54 is 6.9% above this industry median. Based on the distribution chart, Hindustan Oil Exploration Co ranks #478 out of 928 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hindustan Oil Exploration Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Oil Exploration Co's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Hindustan Oil Exploration Co ranks #478 out of 928 companies for PB Ratio. This places Hindustan Oil Exploration Co in the lower half of its industry. The industry median PB Ratio is 1.44. Hindustan Oil Exploration Co's value of 1.54 is 6.9% above this benchmark. Historically, Hindustan Oil Exploration Co's own PB Ratio has ranged from 0.71 to 3.68 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.44, Hindustan Oil Exploration Co 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. Hindustan Oil Exploration Co's current PB Ratio of 1.54 is 6.9% 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 Hindustan Oil Exploration 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. Hindustan Oil Exploration Co's current PB Ratio is 1.54, which is 24% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Oil Exploration Co stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Oil Exploration Co (NSE:HINDOILEXP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹71.48, compared to a current price of ₹161.29 — trading 125.6% above its estimated fair value. The current PB Ratio is 1.54, which is 24% below median its 10-year median of 2.03 and 6.9% above the Oil & Gas industry median of 1.44. Hindustan Oil Exploration Co's overall GF Score™ is 76/100 with 9 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 Hindustan Oil Exploration Co (NSE:HINDOILEXP), the current PB Ratio is 1.54 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 Hindustan Oil Exploration Co (NSE:HINDOILEXP) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Oil Exploration Co stock appears to be overvalued.
The current stock price of ₹161.29 is trading 125.6% above its estimated GF Value™ of ₹71.48.
GuruFocus considers Hindustan Oil Exploration Co to be Significantly Overvalued.
Key valuation signals for NSE:HINDOILEXP:
PB Ratio: 1.54 (24% below median its 10-year median of 2.03)
GF Value™: ₹71.48 vs. price of ₹161.29 (125.6% above fair value)
Industry Position: 6.9% above the Oil & Gas median (#478 of 928)
No single metric tells the full story. See the NSE:HINDOILEXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Oil Exploration Co Ltd is engaged in the exploration, development, and production of crude oil and natural gas in India. Its business falls under the reportable segment of Oil and Gas. The group derives revenue from the sale of its products which includes Crude oil, Condensate and Natural gas. Key revenue is derived from the sale of natural gas. Geographically, the group's operations are principally carried in India.
76GF Score
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