Mangalore Refinery and Petrochemicals (NSE:MRPL) PB Ratio: 1.85 (As of Jul. 09, 2026) — Near Median


NSE:MRPL Mangalore Refinery and Petrochemicals Ltd NSE:MRPL
78 GF Score
Price ₹149.68
GF Value ₹140.07
Valuation Fairly Valued
! 3 Warning Signs
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What is Mangalore Refinery and Petrochemicals PB Ratio?

Mangalore Refinery and Petrochemicals NSE:MRPL +0.99% 78 PB Ratio is 1.85 as of Jul. 09, 2026, which is 4% above its 10-year median of 1.78. GuruFocus rates NSE:MRPL with a GF Score™ of 78/100 and a GF Value™ of ₹140.07 (Fairly Valued). The stock has 3 warning signs investors should review. Among 925 Oil & Gas companies, Mangalore Refinery and Petrochemicals ranks worse than 61.3% 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 (2026-07-09), Mangalore Refinery and Petrochemicals's share price is ₹149.68. Mangalore Refinery and Petrochemicals's Book Value per Share for the quarter that ended in Mar. 2026 was ₹81.01. Hence, Mangalore Refinery and Petrochemicals's PB Ratio of today is 1.85.

Good Sign:

Mangalore Refinery and Petrochemicals Ltd stock PB Ratio (=1.85) is close to 2-year low of 1.69.

The historical rank and industry rank for Mangalore Refinery and Petrochemicals's PB Ratio or its related term are showing as below:

NSE:MRPL' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.78   Max: 3.32
Current: 1.83

During the past 13 years, Mangalore Refinery and Petrochemicals's highest PB Ratio was 3.32. The lowest was 0.65. And the median was 1.78.

NSE:MRPL's PB Ratio is ranked worse than
61.3% of 925 companies
in the Oil & Gas industry
Industry Median: 1.43 vs NSE:MRPL: 1.83

During the past 12 months, Mangalore Refinery and Petrochemicals's average Book Value Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mangalore Refinery and Petrochemicals was 46.20% per year. The lowest was -25.40% per year. And the median was 15.50% per year.

Back to Basics: PB Ratio


Mangalore Refinery and Petrochemicals  (NSE:MRPL) 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.


Mangalore Refinery and Petrochemicals PB Ratio Related Terms


Mangalore Refinery and Petrochemicals PB Ratio Historical Data

* Premium members only.

The historical data trend for Mangalore Refinery and Petrochemicals'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.

Mangalore Refinery and Petrochemicals PB Ratio Chart

Mangalore Refinery and Petrochemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.93 2.88 1.82 2.22

Mangalore Refinery and Petrochemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 0.00 1.75 0.00 2.22

NSE:MRPL vs VLO, MPC, PSX: PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Mangalore Refinery and Petrochemicals'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.


Mangalore Refinery and Petrochemicals PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mangalore Refinery and Petrochemicals's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mangalore Refinery and Petrochemicals's PB Ratio falls into.


NSE:MRPL
78GF Score
Mangalore Refinery and Petrochemicals Ltd NSE:MRPL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalore Refinery and Petrochemicals 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.

Mangalore Refinery and Petrochemicals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=149.68/81.005
=1.85

* 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 1.85 mean?
Mangalore Refinery and Petrochemicals (NSE:MRPL) has a PB Ratio of 1.85 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mangalore Refinery and Petrochemicals and its competitors. This is near median its historical median of 1.78. Over the past decade, Mangalore Refinery and Petrochemicals' PB Ratio has ranged from 0.65 to 3.32. According to the industry distribution chart, Mangalore Refinery and Petrochemicals ranks #567 out of 925 companies in the Oil & Gas industry, placing it in the top 61.3%.
Is Mangalore Refinery and Petrochemicals' PB Ratio too high?
Mangalore Refinery and Petrochemicals' current PB Ratio of 1.85 is near median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.32. The Oil & Gas industry median PB Ratio is 1.43. Mangalore Refinery and Petrochemicals' value of 1.85 is 29.4% above this industry median. Based on the distribution chart, Mangalore Refinery and Petrochemicals ranks #567 out of 925 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Mangalore Refinery and Petrochemicals has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mangalore Refinery and Petrochemicals' PB Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Mangalore Refinery and Petrochemicals ranks #567 out of 925 companies for PB Ratio. This places Mangalore Refinery and Petrochemicals in the lower half of its industry. The industry median PB Ratio is 1.43. Mangalore Refinery and Petrochemicals' value of 1.85 is 29.4% above this benchmark. Historically, Mangalore Refinery and Petrochemicals' own PB Ratio has ranged from 0.65 to 3.32 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.43, Mangalore Refinery and Petrochemicals 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 1.43, based on 925 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. Mangalore Refinery and Petrochemicals's current PB Ratio of 1.85 is 29.4% 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 Mangalore Refinery and Petrochemicals and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalore Refinery and Petrochemicals's current PB Ratio is 1.85, which is near median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalore Refinery and Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, Mangalore Refinery and Petrochemicals (NSE:MRPL) is currently considered Fairly Valued. The stock's GF Value™ is ₹140.07, compared to a current price of ₹149.68 — trading 6.9% above its estimated fair value. The current PB Ratio is 1.85, which is near median its 10-year median of 1.78 and 29.4% above the Oil & Gas industry median of 1.43. Mangalore Refinery and Petrochemicals' overall GF Score™ is 78/100 with 3 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 Mangalore Refinery and Petrochemicals (NSE:MRPL), the current PB Ratio is 1.85 as of Jul. 09, 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 Mangalore Refinery and Petrochemicals (NSE:MRPL) Overvalued in 2026?

Based on GuruFocus' analysis, Mangalore Refinery and Petrochemicals stock appears to be overvalued. The current stock price of ₹149.68 is trading 6.9% above its estimated GF Value™ of ₹140.07. GuruFocus considers Mangalore Refinery and Petrochemicals to be Fairly Valued.

Key valuation signals for NSE:MRPL:

  • PB Ratio: 1.85 (near median its 10-year median of 1.78)
  • GF Value™: ₹140.07 vs. price of ₹149.68 (6.9% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 29.4% above the Oil & Gas median (#567 of 925)

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


Mangalore Refinery and Petrochemicals Business Description

Industry EnergyOil & Gas
Other Exchanges 500109:India
Address Mudapadav, Post. Kuthethoor, Via Katipalla, Mangaluru, KA, IND, 575030
Mangalore Refinery and Petrochemicals Ltd are engaged in the manufacturing of Refined Petroleum Products. It generates revenue from High speed Diesel (HSD) and Motor Spirit (MS). Geographically, it derives a majority of revenue from India. It has Petroleum Products as single reportable segment.
78GF Score

Get the complete analysis for NSE:MRPL

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

₹149.68
Price
₹140.07
GF Value