Oil & Natural Gas's ROE % for the quarter that ended in Mar. 2026 was 11.64%. Oil & Natural Gas's PB Ratio for the quarter that ended in Mar. 2026 was 0.96.
Oil & Natural Gas's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 12.13%.
Oil & Natural Gas ROE % Adjusted to Book Value Related Terms
Oil & Natural Gas ROE % Adjusted to Book Value Historical Data
* Premium members only.
The historical data trend for Oil & Natural Gas's ROE % Adjusted to Book Value 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.
Oil & Natural Gas ROE % Adjusted to Book Value Chart
NSE:ONGC vs XOM, CVX: ROE % Adjusted to Book Value Comparison
For the Oil & Gas Integrated subindustry, Oil & Natural Gas's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.
Oil & Natural Gas ROE % Adjusted to Book Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil & Natural Gas's ROE % Adjusted to Book Value distribution charts can be found below:
* The bar in red indicates where Oil & Natural Gas's ROE % Adjusted to Book Value falls into.
* 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.
What does a ROE % Adjusted to Book Value of 12.13% mean?
Oil & Natural Gas (NSE:ONGC) has a ROE % Adjusted to Book Value of 12.13% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Oil & Natural Gas and its competitors.
Is Oil & Natural Gas' ROE % Adjusted to Book Value too high?
Oil & Natural Gas' current ROE % Adjusted to Book Value is 12.13%. Overall, Oil & Natural Gas has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oil & Natural Gas' ROE % Adjusted to Book Value compare to XOM and CVX?
Oil & Natural Gas' ROE % Adjusted to Book Value of 12.13% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Oil & Gas company?
A good ROE % Adjusted to Book Value depends on the Oil & Gas industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Oil & Natural Gas and its competitors. Oil & Natural Gas's current ROE % Adjusted to Book Value is 12.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil & Natural Gas stock overvalued right now?
Based on GuruFocus' analysis, Oil & Natural Gas (NSE:ONGC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹270.12, compared to a current price of ₹237.84 — trading 12% below its estimated fair value. The current ROE % Adjusted to Book Value is 12.13%. Oil & Natural Gas' overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Oil & Natural Gas (NSE:ONGC), the current ROE % Adjusted to Book Value is 12.13% as of Mar. 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 Oil & Natural Gas (NSE:ONGC) Overvalued in 2026?
Based on GuruFocus' analysis, Oil & Natural Gas stock appears to be undervalued.
The current stock price of ₹237.84 is trading 12% below its estimated GF Value™ of ₹270.12.
GuruFocus considers Oil & Natural Gas to be Modestly Undervalued.
Key valuation signals for NSE:ONGC:
ROE % Adjusted to Book Value: 12.13%
GF Value™: ₹270.12 vs. price of ₹237.84 (12% below fair value)
No single metric tells the full story. See the NSE:ONGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil & Natural Gas Corp Ltd is an Indian-based company. It engaged in the exploration, development, and production of crude oil, natural gas, and value-added products. Along with its subsidiaries, the company operates in the following business segments: Refining and Marketing, which derives maximum revenue, Exploration and Production, and Petrochemicals. Geographically, the group derives maximum revenue from India, from its offshore and onshore activities, and is also involved in exploration and production activities outside India.
92GF Score
Get the complete analysis for NSE:ONGC
ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ONGC has been successfully added to your 
