Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 4.23 is 36% above its 5-year average of 3.11, near the high end of its 5-year range (2.11–4.38).
As of Friday, August 21, 2026. 7.06% above its 12-month average of 3.95.
PB RATIO
4.23
PB RATIO AVG TTM
3.95
PB RATIO AVG 3Y
3.51
PB RATIO AVG 5Y
3.11
PB RATIO AVG 10Y
2.53
PB RATIO AVG 15Y
2.76
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.06%
CURRENT VS 3Y AVG
+20.40%
CURRENT VS 5Y AVG
+36.09%
CURRENT VS 10Y AVG
+66.96%
CURRENT VS 15Y AVG
+53.30%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
2.66
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+59.02%
vs the sector median at left
Market Cap
$60.97B
PB Ratio
1.49
TTM Avg
1.36
3Y Avg
1.56
5Y Avg
1.79
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MPLX Lp (MPLX) | $59.27B | 4.23 | 3.95 | 3.51 | 3.11 |
| Diamondback Energy, Inc. (FANG)vs › | $59.28B | 1.57 | 1.29 | 1.48 | 1.59 |
| ONEOK, Inc. (OKE)vs › | $58.81B | 2.57 | 2.30 | 2.72 | 3.43 |
| Occidental Petroleum Corporation (OXY)vs › | $60.97B | 1.49 | 1.36 | 1.56 | 1.79 |
| Baker Hughes Company (BKR)vs › | $61.88B | 3.14 | 2.95 | 2.53 | 2.27 |
| Targa Resources Corp. (TRGP)vs › | $64.20B | 17.59 | 15.95 | 13.33 | 10.94 |
| Devon Energy Corporation (DVN)vs › | $54.01B | 1.11 | 1.64 | 1.93 | 2.63 |
| Kinder Morgan, Inc. (KMI)vs › | $68.99B | 2.22 | 2.15 | 1.80 | 1.60 |
| Energy Transfer LP (ET)vs › | $72.92B | 2.08 | 1.88 | 1.67 | 1.43 |
| Cameco Corporation (CCJ)vs › | $44.65B | 8.29 | 9.61 | 6.36 | 4.92 |
At 4.23, P/B is above its 14-year median — higher than 85% of readings in its 14-year history.
14-year low
0.39
median
2.69
14-year high
13.42
P/B Ratio
4.23
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-08-21 | 4.23 |
| 2026-08-20 | 4.24 |
| 2026-08-19 | 4.25 |
| 2026-08-18 | 4.30 |
| 2026-08-17 | 4.28 |
| 2026-08-14 | 4.30 |
| 2026-08-13 | 4.26 |
| 2026-08-12 | 4.34 |
| 2026-08-11 | 4.29 |
| 2026-08-10 | 4.25 |
| 2026-08-07 | 4.26 |
| 2026-08-06 | 4.37 |
| 2026-08-05 | 4.29 |
| 2026-08-04 | 4.38 |
| 2026-08-03 | 4.26 |
| 2026-07-31 | 4.22 |
| 2026-07-30 | 4.16 |
| 2026-07-29 | 4.18 |
| 2026-07-28 | 4.28 |
| 2026-07-27 | 4.22 |
| 2026-07-24 | 4.24 |
| 2026-07-23 | 4.16 |
| 2026-07-22 | 4.09 |
| 2026-07-21 | 4.08 |
| 2026-07-20 | 4.13 |
| 2026-07-17 | 4.12 |
| 2026-07-16 | 4.13 |
| 2026-07-15 | 4.08 |
| 2026-07-14 | 4.08 |
| 2026-07-13 | 4.13 |
| 2026-07-10 | 4.12 |
| 2026-07-09 | 4.13 |
| 2026-07-08 | 4.15 |
| 2026-07-07 | 4.16 |
| 2026-07-06 | 4.12 |
| 2026-07-02 | 4.13 |
| 2026-07-01 | 4.04 |
| 2026-06-30 | 4.07 |
| 2026-06-29 | 4.06 |
| 2026-06-26 | 4.09 |
| 2026-06-25 | 4.05 |
| 2026-06-24 | 4.06 |
| 2026-06-23 | 4.17 |
| 2026-06-22 | 4.11 |
| 2026-06-18 | 4.11 |
| 2026-06-17 | 4.04 |
| 2026-06-16 | 4.05 |
| 2026-06-15 | 4.02 |
| 2026-06-12 | 4.11 |
| 2026-06-11 | 4.08 |
| 2026-06-10 | 4.08 |
| 2026-06-09 | 4.08 |
| 2026-06-08 | 4.08 |
| 2026-06-05 | 4.08 |
| 2026-06-04 | 4.07 |
| 2026-06-03 | 3.99 |
| 2026-06-02 | 4.02 |
| 2026-06-01 | 3.97 |
| 2026-05-29 | 3.95 |
| 2026-05-28 | 4.01 |
| 2026-05-27 | 4.03 |
| 2026-05-26 | 4.08 |
| 2026-05-22 | 4.08 |
| 2026-05-21 | 4.02 |
| 2026-05-20 | 4.01 |
| 2026-05-19 | 4.02 |
| 2026-05-18 | 4.01 |
| 2026-05-15 | 3.96 |
| 2026-05-14 | 4.02 |
| 2026-05-13 | 3.96 |
| 2026-05-12 | 3.93 |
| 2026-05-11 | 3.91 |
| 2026-05-08 | 3.90 |
| 2026-05-07 | 4.07 |
| 2026-05-06 | 4.02 |
| 2026-05-05 | 4.02 |
| 2026-05-04 | 4.07 |
| 2026-05-01 | 4.03 |
| 2026-04-30 | 4.00 |
| 2026-04-29 | 3.95 |
| 2026-04-28 | 3.92 |
| 2026-04-27 | 3.88 |
| 2026-04-24 | 3.94 |
| 2026-04-23 | 3.95 |
| 2026-04-22 | 3.96 |
| 2026-04-21 | 3.94 |
| 2026-04-20 | 3.96 |
| 2026-04-17 | 3.97 |
| 2026-04-16 | 3.93 |
| 2026-04-15 | 3.89 |
| 2026-04-14 | 3.91 |
| 2026-04-13 | 3.99 |
| 2026-04-10 | 3.99 |
| 2026-04-09 | 4.01 |
| 2026-04-08 | 3.97 |
| 2026-04-07 | 3.93 |
| 2026-04-06 | 3.96 |
| 2026-04-02 | 3.98 |
| 2026-04-01 | 3.98 |
| 2026-03-31 | 4.06 |
| 2026-03-30 | 4.10 |
| 2026-03-27 | 4.13 |
| 2026-03-26 | 4.19 |
| 2026-03-25 | 4.19 |
| 2026-03-24 | 4.21 |
| 2026-03-23 | 4.17 |
| 2026-03-20 | 4.12 |
| 2026-03-19 | 4.14 |
| 2026-03-18 | 4.08 |
| 2026-03-17 | 4.15 |
| 2026-03-16 | 4.13 |
| 2026-03-13 | 4.16 |
| 2026-03-12 | 4.15 |
| 2026-03-11 | 4.18 |
| 2026-03-10 | 4.13 |
| 2026-03-09 | 4.14 |
| 2026-03-06 | 4.17 |
| 2026-03-05 | 4.17 |
| 2026-03-04 | 4.19 |
| 2026-03-03 | 4.20 |
| 2026-03-02 | 4.21 |
| 2026-02-27 | 4.19 |
| 2026-02-26 | 4.17 |
| 2026-02-25 | 4.17 |
| 2026-02-24 | 4.20 |
| 2026-02-23 | 4.19 |
| 2026-02-20 | 4.15 |
| 2026-02-19 | 4.08 |
| 2026-02-18 | 4.04 |
| 2026-02-17 | 4.09 |
| 2026-02-13 | 4.05 |
| 2026-02-12 | 3.93 |
| 2026-02-11 | 3.97 |
| 2026-02-10 | 3.95 |
| 2026-02-09 | 3.92 |
| 2026-02-06 | 3.99 |
| 2026-02-05 | 4.02 |
| 2026-02-04 | 3.96 |
| 2026-02-03 | 3.94 |
| 2026-02-02 | 3.94 |
| 2026-01-30 | 3.98 |
| 2026-01-29 | 4.01 |
| 2026-01-28 | 3.97 |
| 2026-01-27 | 3.97 |
| 2026-01-26 | 3.90 |
| 2026-01-23 | 3.93 |
| 2026-01-22 | 3.96 |
| 2026-01-21 | 3.96 |
| 2026-01-20 | 3.96 |
| 2026-01-16 | 4.03 |
| 2026-01-15 | 3.99 |
| 2026-01-14 | 3.95 |
| 2026-01-13 | 3.90 |
| 2026-01-12 | 3.84 |
| 2026-01-09 | 3.78 |
| 2026-01-08 | 3.75 |
| 2026-01-07 | 3.73 |
| 2026-01-06 | 3.72 |
| 2026-01-05 | 3.80 |
| 2026-01-02 | 3.84 |
| 2025-12-31 | 3.80 |
| 2025-12-30 | 3.82 |
| 2025-12-29 | 3.85 |
| 2025-12-26 | 3.84 |
| 2025-12-24 | 3.85 |
| 2025-12-23 | 3.85 |
| 2025-12-22 | 3.83 |
| 2025-12-19 | 3.83 |
| 2025-12-18 | 3.79 |
| 2025-12-17 | 3.88 |
| 2025-12-16 | 3.85 |
| 2025-12-15 | 3.91 |
| 2025-12-12 | 3.91 |
| 2025-12-11 | 3.89 |
| 2025-12-10 | 3.93 |
| 2025-12-09 | 3.93 |
| 2025-12-08 | 3.96 |
| 2025-12-05 | 3.98 |
| 2025-12-04 | 3.98 |
| 2025-12-03 | 3.91 |
| 2025-12-02 | 3.84 |
| 2025-12-01 | 3.91 |
| 2025-11-28 | 3.87 |
| 2025-11-26 | 3.82 |
| 2025-11-25 | 3.81 |
| 2025-11-24 | 3.79 |
| 2025-11-21 | 3.85 |
| 2025-11-20 | 3.81 |
| 2025-11-19 | 3.80 |
| 2025-11-18 | 3.77 |
| 2025-11-17 | 3.76 |
| 2025-11-14 | 3.79 |
| 2025-11-13 | 3.70 |
| 2025-11-12 | 3.74 |
| 2025-11-11 | 3.71 |
| 2025-11-10 | 3.69 |
| 2025-11-07 | 3.65 |
| 2025-11-06 | 3.67 |
| 2025-11-05 | 3.68 |
| 2025-11-04 | 3.65 |
| 2025-11-03 | 3.75 |
| 2025-10-31 | 3.75 |
| 2025-10-30 | 3.73 |
| 2025-10-29 | 3.71 |
| 2025-10-28 | 3.75 |
| 2025-10-27 | 3.75 |
| 2025-10-24 | 3.72 |
| 2025-10-23 | 3.76 |
| 2025-10-22 | 3.73 |
| 2025-10-21 | 3.66 |
| 2025-10-20 | 3.66 |
| 2025-10-17 | 3.61 |
| 2025-10-16 | 3.58 |
| 2025-10-15 | 3.64 |
| 2025-10-14 | 3.61 |
| 2025-10-13 | 3.59 |
| 2025-10-10 | 3.53 |
| 2025-10-09 | 3.56 |
| 2025-10-08 | 3.60 |
| 2025-10-07 | 3.62 |
| 2025-10-06 | 3.63 |
| 2025-10-03 | 3.66 |
| 2025-10-02 | 3.65 |
| 2025-10-01 | 3.67 |
| 2025-09-30 | 3.69 |
| 2025-09-29 | 3.69 |
| 2025-09-26 | 3.78 |
| 2025-09-25 | 3.79 |
| 2025-09-24 | 3.77 |
| 2025-09-23 | 3.70 |
| 2025-09-22 | 3.69 |
| 2025-09-19 | 3.71 |
| 2025-09-18 | 3.75 |
| 2025-09-17 | 3.76 |
| 2025-09-16 | 3.77 |
| 2025-09-15 | 3.78 |
| 2025-09-12 | 3.77 |
| 2025-09-11 | 3.75 |
| 2025-09-10 | 3.68 |
| 2025-09-09 | 3.69 |
| 2025-09-08 | 3.70 |
| 2025-09-05 | 3.73 |
| 2025-09-04 | 3.75 |
| 2025-09-03 | 3.76 |
| 2025-09-02 | 3.76 |
| 2025-08-29 | 3.75 |
| 2025-08-28 | 3.72 |
| 2025-08-27 | 3.69 |
| 2025-08-26 | 3.75 |
| 2025-08-25 | 3.71 |
| 2025-08-22 | 3.74 |
| 2025-08-21 | 3.73 |
| 2025-08-20 | 3.73 |
| 2025-08-19 | 3.66 |
| 2025-08-18 | 3.65 |
| 2025-08-15 | 3.69 |
| 2025-08-14 | 3.70 |
| 2025-08-13 | 3.67 |
| 2025-08-12 | 3.68 |
| 2025-08-11 | 3.71 |
Showing the most recent 260 of 3,447 data points. The chart above shows the full history.
