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ConocoPhillips (COP) PB Ratio: 2.28

Is ConocoPhillips’s P/B ratio high or low?

ConocoPhillips's P/B ratio of 2.28 is in line with its 5-year average of 2.46, around the middle of its 5-year range (1.54–3.49).

The P/B ratio for ConocoPhillips (COP) is 2.28. It is above its 12-month average by 15.89% (1.97).

COP PB Ratio Chart

COP PB Ratio
2.28+28.09% 1Y
Zoom

COP Average PB Ratio Chart

COP Current vs Average PB Ratio Chart

COP PB Ratio Metrics

PB RATIO

2.28

PB RATIO AVG TTM

1.97

PB RATIO AVG 3Y

2.38

PB RATIO AVG 5Y

2.46

PB RATIO AVG 10Y

2.17

PB RATIO AVG 15Y

1.93

PB RATIO AVG 20Y

1.70

CURRENT VS TTM AVG

+15.89%

CURRENT VS 3Y AVG

-4.39%

CURRENT VS 5Y AVG

-7.14%

CURRENT VS 10Y AVG

+5.05%

CURRENT VS 15Y AVG

+18.07%

CURRENT VS 20Y AVG

+33.75%

COP Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
ConocoPhillips (COP)2.281.972.382.46
SLB N.V. (SLB)$82.98B3.222.583.113.37
Marathon Petroleum Corporation (MPC)$76.89B4.663.562.912.50
Valero Energy Corporation (VLO)$76.63B3.222.402.002.02
EOG Resources, Inc. (EOG)$74.71B2.432.192.422.58
Phillips 66 (PSX)$72.86B2.572.121.951.90
Occidental Petroleum Corporation (OXY)$56.79B1.471.331.601.79
Antero Midstream Corporation (AM)$10.32B5.374.603.693.08
Helmerich & Payne, Inc. (HP)$3.93B1.561.041.171.28
enCore Energy Corp. (EU)$249.59M0.971.841.822.97

P/B vs. its own history

At 2.28, P/B is richer than usual — richer than 78% of its 20-year range.

20-year low

0.48

median

1.59

20-year high

3.49

cheaperricher

Book Value Analysis

P/B Ratio

2.28

Market Price / Book Value per Share

ConocoPhillips PB Ratio Formula & Definition

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

ConocoPhillips PB Ratio FAQ

What is the P/B ratio for ConocoPhillips (COP)?
The P/B ratio for COP stock is 2.28.
Is ConocoPhillips's P/B ratio high or low?
ConocoPhillips's P/B ratio of 2.28 is in line with its 5-year average of 2.46, around the middle of its 5-year range (1.54–3.49).
What is the TTM average P/B ratio for ConocoPhillips (COP)?
The TTM average P/B ratio for COP stock is 1.97.
What is the 3Y average P/B ratio for ConocoPhillips (COP)?
The 3Y average P/B ratio for COP stock is 2.38.
What is the 5Y average P/B ratio for ConocoPhillips (COP)?
The 5Y average P/B ratio for COP stock is 2.46.
What is the 10Y average P/B ratio for ConocoPhillips (COP)?
The 10Y average P/B ratio for COP stock is 2.17.
What is the 15Y average P/B ratio for ConocoPhillips (COP)?
The 15Y average P/B ratio for COP stock is 1.93.
What is the 20Y average P/B ratio for ConocoPhillips (COP)?
The 20Y average P/B ratio for COP stock is 1.70.

ConocoPhillips PB Ratio History

DATEPB RATIO
2026-06-102.28
2026-06-092.22
2026-06-082.26
2026-06-052.22
2026-06-042.26
2026-06-032.26
2026-06-022.22
2026-06-012.19
2026-05-292.16
2026-05-282.18
2026-05-272.19
2026-05-262.21
2026-05-222.29
2026-05-212.29
2026-05-202.32
2026-05-192.37
2026-05-182.36
2026-05-152.32
2026-05-142.26
2026-05-132.23
2026-05-122.24
2026-05-112.19
2026-05-082.16
2026-05-072.18
2026-05-062.26
2026-05-052.34
2026-05-042.37
2026-05-012.34
2026-04-302.39
2026-04-292.45
2026-04-282.38
2026-04-272.33
2026-04-242.33
2026-04-232.38
2026-04-222.35
2026-04-212.30
2026-04-202.23
2026-04-172.22
2026-04-162.33
2026-04-152.28
2026-04-142.27
2026-04-132.37
2026-04-102.34
2026-04-092.36
2026-04-082.40
2026-04-072.52
2026-04-062.52
2026-04-022.50
2026-04-012.46
2026-03-312.53
2026-03-302.54
2026-03-272.56
2026-03-262.55
2026-03-252.47
2026-03-242.48
2026-03-232.43
2026-03-202.43
2026-03-192.41
2026-03-182.37
2026-03-172.35
2026-03-162.32
2026-03-132.33
2026-03-122.30
2026-03-112.24
2026-03-102.18
2026-03-092.24
2026-03-062.24
2026-03-052.24
2026-03-042.21
2026-03-032.27
2026-03-022.26
2026-02-272.17
2026-02-262.12
2026-02-252.11
2026-02-242.12
2026-02-232.10
2026-02-202.11
2026-02-192.14
2026-02-182.11
2026-02-172.08
2026-02-132.14
2026-02-122.13
2026-02-112.14
2026-02-102.06
2026-02-092.09
2026-02-062.07
2026-02-052.02
2026-02-042.07
2026-02-032.01
2026-02-021.95
2026-01-302.00
2026-01-291.97
2026-01-281.95
2026-01-271.92
2026-01-261.89
2026-01-231.89
2026-01-221.86
2026-01-211.87
2026-01-201.83
2026-01-161.89
2026-01-151.90
2026-01-141.93
2026-01-131.85
2026-01-121.83
2026-01-091.87
2026-01-081.90
2026-01-071.80
2026-01-061.86
2026-01-051.91
2026-01-021.86
2025-12-311.80
2025-12-301.81
2025-12-291.78
2025-12-261.76
2025-12-241.76
2025-12-231.78
2025-12-221.79
2025-12-191.77
2025-12-181.77
2025-12-171.82
2025-12-161.74
2025-12-151.81
2025-12-121.83
2025-12-111.86
2025-12-101.86
2025-12-091.79
2025-12-081.78
2025-12-051.80
2025-12-041.79
2025-12-031.76
2025-12-021.71
2025-12-011.73
2025-11-281.70
2025-11-261.67
2025-11-251.66
2025-11-241.68
2025-11-211.68
2025-11-201.68
2025-11-191.69
2025-11-181.72
2025-11-171.70
2025-11-141.75
2025-11-131.72
2025-11-121.71
2025-11-111.74
2025-11-101.69
2025-11-071.67
2025-11-061.65
2025-11-051.68
2025-11-041.69
2025-11-031.70
2025-10-311.71
2025-10-301.69
2025-10-291.69
2025-10-281.67
2025-10-271.70
2025-10-241.69
2025-10-231.73
2025-10-221.68
2025-10-211.66
2025-10-201.67
2025-10-171.66
2025-10-161.67
2025-10-151.68
2025-10-141.69
2025-10-131.70
2025-10-101.68
2025-10-091.77
2025-10-081.80
2025-10-071.83
2025-10-061.82
2025-10-031.81
2025-10-021.79
2025-10-011.83
2025-09-301.82
2025-09-291.84
2025-09-261.89
2025-09-251.86
2025-09-241.84
2025-09-231.79
2025-09-221.77
2025-09-191.76
2025-09-181.79
2025-09-171.80
2025-09-161.82
2025-09-151.77
2025-09-121.77
2025-09-111.81
2025-09-101.81
2025-09-091.76
2025-09-081.75
2025-09-051.78
2025-09-041.84
2025-09-031.82
2025-09-021.90
2025-08-291.90
2025-08-281.89
2025-08-271.88
2025-08-261.86
2025-08-251.89
2025-08-221.86
2025-08-211.82
2025-08-201.82
2025-08-191.80
2025-08-181.80
2025-08-151.83
2025-08-141.84
2025-08-131.84
2025-08-121.82
2025-08-111.80
2025-08-081.80
2025-08-071.78
2025-08-061.82
2025-08-051.82
2025-08-041.81
2025-08-011.81
2025-07-311.86
2025-07-301.89
2025-07-291.91
2025-07-281.90
2025-07-251.86
2025-07-241.87
2025-07-231.86
2025-07-221.82
2025-07-211.78
2025-07-181.79
2025-07-171.81
2025-07-161.79
2025-07-151.81
2025-07-141.84
2025-07-111.87
2025-07-101.86
2025-07-091.85
2025-07-081.87
2025-07-071.81
2025-07-031.83
2025-07-021.85
2025-07-011.80
2025-06-301.75
2025-06-271.76
2025-06-261.78
2025-06-251.74
2025-06-241.75
2025-06-231.79
2025-06-201.85
2025-06-181.83
2025-06-171.87
2025-06-161.86
2025-06-131.89
2025-06-121.85
2025-06-111.82
2025-06-101.78
2025-06-091.72
2025-06-061.70
2025-06-051.67
2025-06-041.68
2025-06-031.72
2025-06-021.69
2025-05-301.67
2025-05-291.67

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About ConocoPhillips

ConocoPhillips is an energy company that engages in the global exploration, production, transportation, and marketing of various resources, including crude petroleum, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids (NGLs). Its primary operations are centered on both conventional and tight oil formations, shale gas, heavy crude, LNG developments, and oil sands projects. The company's extensive portfolio includes unconventional resources located in North America; established conventional assets spanning North America, Europe, Asia, and Australia; numerous LNG ventures; oil sands properties within Canada; and a significant inventory of potential conventional and unconventional exploration opportunities. ConocoPhillips was established in 1917 and its corporate headquarters are situated in Houston, Texas.

Houston, TX
11,800 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Ryan Lance