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Ashdod RefineryXTAE:ARF -2.86%51 PB Ratio is 1.12 as of Jul. 23, 2026, which is 96% above its 10-year median of 0.57. GuruFocus rates XTAE:ARF with a GF Score™ of 51/100 and a GF Value™ of ₪56.52 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 926 Oil & Gas companies, Ashdod Refinery ranks better than 63.39% 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 (2026-07-23), Ashdod Refinery's share price is ₪118.80. Ashdod Refinery's Book Value per Share for the quarter that ended in Mar. 2026 was ₪106.31. Hence, Ashdod Refinery's PB Ratio of today is 1.12.
Warning Sign:
Ashdod Refinery Ltd stock PB Ratio (=1.18) is close to 3-year high of 1.18.
The historical rank and industry rank for Ashdod Refinery's PB Ratio or its related term are showing as below:
XTAE:ARF'
s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.57 Max: 1.18
Current: 1.13
During the past 6 years, Ashdod Refinery's highest PB Ratio was 1.18. The lowest was 0.43. And the median was 0.57.
XTAE:ARF's PB Ratio is ranked better than 63.39% of 926
companies
in the Oil & Gas industry
Industry Median: 1.48
vs XTAE:ARF: 1.13
During the past 12 months, Ashdod Refinery's average Book Value Per Share Growth Rate was -10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Ashdod Refinery was 2.00% per year. The lowest was 2.00% per year. And the median was 2.00% 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.
Ashdod Refinery PB Ratio Related Terms
Ashdod Refinery PB Ratio Historical Data
* Premium members only.
The historical data trend for Ashdod Refinery'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 Refining & Marketing subindustry, Ashdod Refinery'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.
Ashdod Refinery PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ashdod Refinery's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ashdod Refinery'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.
Ashdod Refinery'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.
Ashdod Refinery (XTAE:ARF) has a PB Ratio of 1.12 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ashdod Refinery and its competitors. This is 96% above median its historical median of 0.57. Over the past decade, Ashdod Refinery's PB Ratio has ranged from 0.43 to 1.18. According to the industry distribution chart, Ashdod Refinery ranks #339 out of 926 companies in the Oil & Gas industry, placing it in the top 36.6%.
Is Ashdod Refinery's PB Ratio too high?
Ashdod Refinery's current PB Ratio of 1.12 is 96% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.18. The Oil & Gas industry median PB Ratio is 1.48. Ashdod Refinery's value of 1.12 is 24.3% below this industry median. Based on the distribution chart, Ashdod Refinery ranks #339 out of 926 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ashdod Refinery has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashdod Refinery's PB Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ashdod Refinery ranks #339 out of 926 companies for PB Ratio. This puts Ashdod Refinery in the upper half of its industry. The industry median PB Ratio is 1.48. Ashdod Refinery's value of 1.12 is 24.3% below this benchmark. Historically, Ashdod Refinery's own PB Ratio has ranged from 0.43 to 1.18 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.48, Ashdod Refinery 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 1.48, 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. Ashdod Refinery's current PB Ratio of 1.12 is 24.3% 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 Ashdod Refinery and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashdod Refinery's current PB Ratio is 1.12, which is 96% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashdod Refinery stock overvalued right now?
Based on GuruFocus' analysis, Ashdod Refinery (XTAE:ARF) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪56.52, compared to a current price of ₪118.80 — trading 110.2% above its estimated fair value. The current PB Ratio is 1.12, which is 96% above median its 10-year median of 0.57 and 24.3% below the Oil & Gas industry median of 1.48. Ashdod Refinery's overall GF Score™ is 51/100 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 Ashdod Refinery (XTAE:ARF), the current PB Ratio is 1.12 as of Jul. 23, 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 Ashdod Refinery (XTAE:ARF) Overvalued in 2026?
Based on GuruFocus' analysis, Ashdod Refinery stock appears to be overvalued.
The current stock price of ₪118.80 is trading 110.2% above its estimated GF Value™ of ₪56.52.
GuruFocus considers Ashdod Refinery to be Significantly Overvalued.
Key valuation signals for XTAE:ARF:
PB Ratio: 1.12 (96% above median its 10-year median of 0.57)
GF Value™: ₪56.52 vs. price of ₪118.80 (110.2% above fair value)
Industry Position: 24.3% below the Oil & Gas median (#339 of 926)
No single metric tells the full story. See the XTAE:ARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashdod Refinery Ltd is a company involved in imports and refining of crude oil and intermediates for petroleum distillates intended for marketing in the local market and for export purposes.
51GF Score
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