Trio PetroleumTPET +0.80%34 PB Ratio is 0.35 as of Jun. 27, 2026, which is 55% below its 10-year median of 0.78. GuruFocus rates TPET with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 923 Oil & Gas companies, Trio Petroleum ranks better than 94.37% 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 (2026-06-27), Trio Petroleum's share price is $0.2903. Trio Petroleum's Book Value per Share for the quarter that ended in Apr. 2026 was $0.84. Hence, Trio Petroleum's PB Ratio of today is 0.35.
Good Sign:
Trio Petroleum Corp stock PB Ratio (=0.35) is close to 3-year low of 0.33.
The historical rank and industry rank for Trio Petroleum's PB Ratio or its related term are showing as below:
TPET'
s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.78 Max: 2.02
Current: 0.35
During the past 5 years, Trio Petroleum's highest PB Ratio was 2.02. The lowest was 0.33. And the median was 0.78.
TPET's PB Ratio is ranked better than 94.37% of 923
companies
in the Oil & Gas industry
Industry Median: 1.39
vs TPET: 0.35
During the past 12 months, Trio Petroleum's average Book Value Per Share Growth Rate was -45.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -19.10% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Trio Petroleum was -7.00% per year. The lowest was -19.10% per year. And the median was -13.05% 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.
Trio Petroleum PB Ratio Related Terms
Trio Petroleum PB Ratio Historical Data
* Premium members only.
The historical data trend for Trio Petroleum'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, Trio Petroleum'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.
Trio Petroleum PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trio Petroleum's PB Ratio distribution charts can be found below:
* The bar in red indicates where Trio Petroleum'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.
Trio Petroleum's PB Ratio for today is calculated as follows:
* 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.
Trio Petroleum (TPET) has a PB Ratio of 0.35 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Trio Petroleum and its competitors. This is 55% below median its historical median of 0.78. Over the past decade, Trio Petroleum's PB Ratio has ranged from 0.33 to 2.02. According to the industry distribution chart, Trio Petroleum ranks #52 out of 923 companies in the Oil & Gas industry, placing it in the top 5.6%.
Is Trio Petroleum's PB Ratio too high?
Trio Petroleum's current PB Ratio of 0.35 is 55% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.02. The Oil & Gas industry median PB Ratio is 1.39. Trio Petroleum's value of 0.35 is 74.8% below this industry median. Based on the distribution chart, Trio Petroleum ranks #52 out of 923 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Trio Petroleum has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's PB Ratio compare to BRN and GULTU?
According to the Oil & Gas industry distribution chart, Trio Petroleum ranks #52 out of 923 companies for PB Ratio. This places Trio Petroleum in the top 6% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.39. Trio Petroleum's value of 0.35 is 74.8% below this benchmark. Historically, Trio Petroleum's own PB Ratio has ranged from 0.33 to 2.02 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.39, Trio Petroleum 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 1.39, 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. Trio Petroleum's current PB Ratio of 0.35 is 74.8% 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 Trio Petroleum and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trio Petroleum's current PB Ratio is 0.35, which is 55% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trio Petroleum stock overvalued right now?
Trio Petroleum (TPET) has a current PB Ratio of 0.35. The current PB Ratio is 0.35, which is 55% below median its 10-year median of 0.78 and 74.8% below the Oil & Gas industry median of 1.39. Trio Petroleum's overall GF Score™ is 34/100 with 5 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 Trio Petroleum (TPET), the current PB Ratio is 0.35 as of Jun. 27, 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.
Trio Petroleum Corp is an oil and gas exploration and development company with operations in Monterey County, California, and Uintah County, Utah. The Company holds a working interest in the South Salinas Project and a mineral leasehold consisting of a largely contiguous land package. The South Salinas Project includes six existing idle wells and one active well (the HV-1 well). Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company.
34GF Score
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