Navigator HoldingsNVGS -1.81%79 PB Ratio is 1.09 as of Jun. 25, 2026, which is 56% above its 10-year median of 0.70. GuruFocus rates NVGS with a GF Score™ of 79/100 and a GF Value™ of $17.74 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 923 Oil & Gas companies, Navigator Holdings ranks better than 62.08% on this metric.
Navigator Holdings Ltd stock PB Ratio (=1.11) is close to 10-year high of 1.23.
The historical rank and industry rank for Navigator Holdings's PB Ratio or its related term are showing as below:
NVGS'
s PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.7 Max: 1.23
Current: 1.09
During the past 13 years, Navigator Holdings's highest PB Ratio was 1.23. The lowest was 0.25. And the median was 0.70.
NVGS's PB Ratio is ranked better than 62.08% of 923
companies
in the Oil & Gas industry
Industry Median: 1.42
vs NVGS: 1.09
During the past 12 months, Navigator Holdings's average Book Value Per Share Growth Rate was 9.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Navigator Holdings was 19.20% per year. The lowest was -5.60% per year. And the median was 2.45% per year.
Back to Basics: PB Ratio
Navigator Holdings (NYSE:NVGS) 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.
Navigator Holdings PB Ratio Related Terms
Navigator Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Navigator Holdings'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.
For the Oil & Gas Midstream subindustry, Navigator Holdings'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.
Navigator Holdings PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Navigator Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Navigator Holdings'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.
Navigator Holdings (NVGS) has a PB Ratio of 1.09 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Navigator Holdings and its competitors. This is 56% above median its historical median of 0.70. Over the past decade, Navigator Holdings' PB Ratio has ranged from 0.25 to 1.23. According to the industry distribution chart, Navigator Holdings ranks #350 out of 923 companies in the Oil & Gas industry, placing it in the top 37.9%.
Is Navigator Holdings' PB Ratio too high?
Navigator Holdings' current PB Ratio of 1.09 is 56% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.23. The Oil & Gas industry median PB Ratio is 1.42. Navigator Holdings' value of 1.09 is 23.2% below this industry median. Based on the distribution chart, Navigator Holdings ranks #350 out of 923 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Navigator Holdings has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navigator Holdings' PB Ratio compare to PBT and TEN?
According to the Oil & Gas industry distribution chart, Navigator Holdings ranks #350 out of 923 companies for PB Ratio. This puts Navigator Holdings in the upper half of its industry. The industry median PB Ratio is 1.42. Navigator Holdings' value of 1.09 is 23.2% below this benchmark. Historically, Navigator Holdings' own PB Ratio has ranged from 0.25 to 1.23 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.42, Navigator Holdings 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 1.42, 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. Navigator Holdings's current PB Ratio of 1.09 is 23.2% 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 Navigator Holdings and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navigator Holdings's current PB Ratio is 1.09, which is 56% 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 Navigator Holdings stock overvalued right now?
Based on GuruFocus' analysis, Navigator Holdings (NVGS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.74, compared to a current price of $21.15 — trading 19.2% above its estimated fair value. The current PB Ratio is 1.09, which is 56% above median its 10-year median of 0.70 and 23.2% below the Oil & Gas industry median of 1.42. Navigator Holdings' overall GF Score™ is 79/100 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 Navigator Holdings (NVGS), the current PB Ratio is 1.09 as of Jun. 25, 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 Navigator Holdings (NVGS) Overvalued in 2026?
Based on GuruFocus' analysis, Navigator Holdings stock appears to be overvalued.
The current stock price of $21.15 is trading 19.2% above its estimated GF Value™ of $17.74.
GuruFocus considers Navigator Holdings to be Modestly Overvalued.
Key valuation signals for NVGS:
PB Ratio: 1.09 (56% above median its 10-year median of 0.70)
GF Value™: $17.74 vs. price of $21.15 (19.2% above fair value)
Industry Position: 23.2% below the Oil & Gas median (#350 of 923)
No single metric tells the full story. See the NVGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navigator Holdings Ltd owns and operates liquefied gas carriers, which include a fleet of handysize liquefied gas carriers. The company also owns a share in an ethylene export marine terminal at Morgan's Point, Texas on the Houston Ship Channel (the Ethylene Export Terminal) through a joint venture (the Export Terminal Joint Venture). The company plays a vital role in the globalised liquefied gas supply chain, providing gas transportation solutions for energy companies, industrial users, and commodity traders.
79GF Score
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