Woodside Energy GroupWDS -3.54%70 PB Ratio is 1.01 as of Jun. 24, 2026, which is 19% below its 10-year median of 1.24. GuruFocus rates WDS with a GF Score™ of 70/100 and a GF Value™ of $16.94 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 923 Oil & Gas companies, Woodside Energy Group ranks better than 66.2% on this metric.
The historical rank and industry rank for Woodside Energy Group's PB Ratio or its related term are showing as below:
WDS'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.24 Max: 1.99
Current: 0.97
During the past 13 years, Woodside Energy Group's highest PB Ratio was 1.99. The lowest was 0.62. And the median was 1.24.
WDS's PB Ratio is ranked better than 66.2% of 923
companies
in the Oil & Gas industry
Industry Median: 1.44
vs WDS: 0.97
During the past 12 months, Woodside Energy Group's average Book Value Per Share Growth Rate was -3.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Woodside Energy Group was 27.90% per year. The lowest was -10.30% per year. And the median was 10.25% per year.
Back to Basics: PB Ratio
Woodside Energy Group (NYSE:WDS) 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.
* 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, Woodside Energy Group'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.
Woodside Energy Group PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Woodside Energy Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Woodside Energy Group'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.
Woodside Energy Group (WDS) has a PB Ratio of 1.01 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Woodside Energy Group and its competitors. This is 19% below median its historical median of 1.24. Over the past decade, Woodside Energy Group's PB Ratio has ranged from 0.62 to 1.99. According to the industry distribution chart, Woodside Energy Group ranks #312 out of 923 companies in the Oil & Gas industry, placing it in the top 33.8%.
Is Woodside Energy Group's PB Ratio too high?
Woodside Energy Group's current PB Ratio of 1.01 is 19% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.99. The Oil & Gas industry median PB Ratio is 1.44. Woodside Energy Group's value of 1.01 is 29.9% below this industry median. Based on the distribution chart, Woodside Energy Group ranks #312 out of 923 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Woodside Energy Group has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Woodside Energy Group's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Woodside Energy Group ranks #312 out of 923 companies for PB Ratio. This puts Woodside Energy Group in the upper half of its industry. The industry median PB Ratio is 1.44. Woodside Energy Group's value of 1.01 is 29.9% below this benchmark. Historically, Woodside Energy Group's own PB Ratio has ranged from 0.62 to 1.99 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.44, Woodside Energy Group 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 1.44, 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. Woodside Energy Group's current PB Ratio of 1.01 is 29.9% 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 Woodside Energy Group 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. Woodside Energy Group's current PB Ratio is 1.01, which is 19% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Woodside Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Woodside Energy Group (WDS) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.94, compared to a current price of $19.06 — trading 12.5% above its estimated fair value. The current PB Ratio is 1.01, which is 19% below median its 10-year median of 1.24 and 29.9% below the Oil & Gas industry median of 1.44. Woodside Energy Group's overall GF Score™ is 70/100 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 Woodside Energy Group (WDS), the current PB Ratio is 1.01 as of Jun. 24, 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 Woodside Energy Group (WDS) Overvalued in 2026?
Based on GuruFocus' analysis, Woodside Energy Group stock appears to be overvalued.
The current stock price of $19.06 is trading 12.5% above its estimated GF Value™ of $16.94.
GuruFocus considers Woodside Energy Group to be Modestly Overvalued.
Key valuation signals for WDS:
PB Ratio: 1.01 (19% below median its 10-year median of 1.24)
GF Value™: $16.94 vs. price of $19.06 (12.5% above fair value)
Industry Position: 29.9% below the Oil & Gas median (#312 of 923)
No single metric tells the full story. See the WDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2017 Shell sold its entire shareholding. Woodside is one of the most LNG-leveraged companies globally.
70GF Score
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