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Northern Oil & GasSTU:4LT1 +0.68%56 PB Ratio is 1.27 as of Jul. 21, 2026, which is 32% below its 10-year median of 1.88. GuruFocus rates STU:4LT1 with a GF Score™ of 56/100 and a GF Value™ of €27.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 926 Oil & Gas companies, Northern Oil & Gas ranks better than 56.59% on this metric.
The historical rank and industry rank for Northern Oil & Gas's PB Ratio or its related term are showing as below:
STU:4LT1'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 1.88 Max: 121.19
Current: 1.26
During the past 13 years, Northern Oil & Gas's highest PB Ratio was 121.19. The lowest was 0.29. And the median was 1.88.
STU:4LT1's PB Ratio is ranked better than 56.59% of 926
companies
in the Oil & Gas industry
Industry Median: 1.43
vs STU:4LT1: 1.26
During the past 12 months, Northern Oil & Gas's average Book Value Per Share Growth Rate was -30.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 35.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Northern Oil & Gas was 123.90% per year. The lowest was -76.20% per year. And the median was 14.95% per year.
Back to Basics: PB Ratio
Northern Oil & Gas (STU:4LT1) 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.
Northern Oil & Gas PB Ratio Related Terms
Northern Oil & Gas PB Ratio Historical Data
* Premium members only.
The historical data trend for Northern Oil & Gas'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 E&P subindustry, Northern Oil & Gas'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.
Northern Oil & Gas PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Northern Oil & Gas's PB Ratio distribution charts can be found below:
* The bar in red indicates where Northern Oil & Gas'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.
Northern Oil & Gas (STU:4LT1) has a PB Ratio of 1.27 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Northern Oil & Gas and its competitors. This is 32% below median its historical median of 1.88. Over the past decade, Northern Oil & Gas' PB Ratio has ranged from 0.29 to 121.19. According to the industry distribution chart, Northern Oil & Gas ranks #402 out of 926 companies in the Oil & Gas industry, placing it in the top 43.4%.
Is Northern Oil & Gas' PB Ratio too high?
Northern Oil & Gas' current PB Ratio of 1.27 is 32% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 121.19. The Oil & Gas industry median PB Ratio is 1.43. Northern Oil & Gas' value of 1.27 is 11.2% below this industry median. Based on the distribution chart, Northern Oil & Gas ranks #402 out of 926 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Northern Oil & Gas has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Oil & Gas' PB Ratio compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #402 out of 926 companies for PB Ratio. This puts Northern Oil & Gas in the upper half of its industry. The industry median PB Ratio is 1.43. Northern Oil & Gas' value of 1.27 is 11.2% below this benchmark. Historically, Northern Oil & Gas' own PB Ratio has ranged from 0.29 to 121.19 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.43, Northern Oil & Gas 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 1.43, based on 926 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. Northern Oil & Gas's current PB Ratio of 1.27 is 11.2% 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 Northern Oil & Gas 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. Northern Oil & Gas's current PB Ratio is 1.27, which is 32% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Northern Oil & Gas (STU:4LT1) is currently considered Possible Value Trap. The stock's GF Value™ is €27.38, compared to a current price of €18.56 — trading 32.2% below its estimated fair value. The current PB Ratio is 1.27, which is 32% below median its 10-year median of 1.88 and 11.2% below the Oil & Gas industry median of 1.43. Northern Oil & Gas' overall GF Score™ is 56/100 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 Northern Oil & Gas (STU:4LT1), the current PB Ratio is 1.27 as of Jul. 21, 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 Northern Oil & Gas (STU:4LT1) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued.
The current stock price of €18.56 is trading 32.2% below its estimated GF Value™ of €27.38.
GuruFocus considers Northern Oil & Gas to be Possible Value Trap.
Key valuation signals for STU:4LT1:
PB Ratio: 1.27 (32% below median its 10-year median of 1.88)
GF Value™: €27.38 vs. price of €18.56 (32.2% below fair value)
Industry Position: 11.2% below the Oil & Gas median (#402 of 926)
No single metric tells the full story. See the STU:4LT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).
56GF Score
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