Basis: FMP quote market capitalization / matching reported stockholders equity. 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 9.14 is in line with its estimated 3-year average of 8.90, near the low end of its estimated 3-year range (6.15–20.92).
As of 2026-10-03T13:54:22.826Z. 3.95% above its estimated 12-month average of 8.79.
Calculation as of: 2026-10-03T13:54:22.826Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 336c008ca9a853bb15f91cd73a72c0cf1634875c541c49e0f0acb7f2c94f0001
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-02.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
9.14
PB RATIO AVG TTM
8.79
PB RATIO AVG 3Y
8.68
PB RATIO AVG 5Y
8.90
PB RATIO AVG 10Y
10.23
PB RATIO AVG 15Y
12.72
PB RATIO AVG 20Y
12.45
CURRENT VS TTM AVG
+3.95%
CURRENT VS 3Y AVG
+5.30%
CURRENT VS 5Y AVG
+2.64%
CURRENT VS 10Y AVG
-10.63%
CURRENT VS 15Y AVG
-28.17%
CURRENT VS 20Y AVG
-26.61%
SECTOR MEDIAN · ENERGY
2.42
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+277.69%
vs the sector median at left
Market Cap
$57.77B
PB Ratio
1.38
TTM Avg
1.37
3Y Avg
1.53
5Y Avg
1.80
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cheniere Energy, Inc. (LNG) | $56.57B | 9.14 | 8.79 | 8.68 | 8.90 |
| MPLX Lp (MPLX)vs › | $57.21B | 4.08 | 4.01 | 3.57 | 3.16 |
| Baker Hughes Company (BKR)vs › | $55.59B | 2.79 | 2.99 | 2.55 | 2.31 |
| ONEOK, Inc. (OKE)vs › | $55.38B | 2.41 | 2.35 | 2.67 | 3.40 |
| Occidental Petroleum Corporation (OXY)vs › | $57.77B | 1.38 | 1.37 | 1.53 | 1.80 |
| Targa Resources Corp. (TRGP)vs › | $60.47B | 16.54 | 16.31 | 13.71 | 11.23 |
| Devon Energy Corporation (DVN)vs › | $52.41B | 1.26 | 1.59 | 1.85 | 2.60 |
| Diamondback Energy, Inc. (FANG)vs › | $51.96B | 1.37 | 1.34 | 1.46 | 1.59 |
| TC Energy Corporation (TRP)vs › | $61.49B | 3.15 | 3.21 | 2.43 | 2.11 |
| Kinder Morgan, Inc. (KMI)vs › | $69.19B | 2.19 | 2.18 | 1.84 | 1.62 |
At 9.14, P/B is below its estimated 20-year median — higher than 33% of readings in its estimated 20-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 20-year low
4.73
median
10.03
estimated 20-year high
146.79
P/B Ratio
9.14
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 |
|---|---|
| 2026-10-02 | 9.13 |
| 2026-10-01 | 9.22 |
| 2026-09-30 | 9.10 |
| 2026-09-29 | 9.04 |
| 2026-09-28 | 9.12 |
| 2026-09-25 | 9.09 |
| 2026-09-24 | 9.35 |
| 2026-09-23 | 9.26 |
| 2026-09-22 | 9.24 |
| 2026-09-21 | 9.31 |
| 2026-09-18 | 9.08 |
| 2026-09-17 | 9.13 |
| 2026-09-16 | 9.06 |
| 2026-09-15 | 9.17 |
| 2026-09-14 | 9.28 |
| 2026-09-11 | 9.42 |
| 2026-09-10 | 9.40 |
| 2026-09-09 | 9.34 |
| 2026-09-08 | 9.34 |
| 2026-09-04 | 9.88 |
| 2026-09-03 | 9.84 |
| 2026-09-02 | 10.01 |
| 2026-09-01 | 9.95 |
| 2026-08-31 | 9.87 |
| 2026-08-28 | 9.55 |
| 2026-08-27 | 9.50 |
| 2026-08-26 | 9.61 |
| 2026-08-25 | 9.43 |
| 2026-08-24 | 9.50 |
| 2026-08-21 | 9.39 |
| 2026-08-20 | 9.45 |
| 2026-08-19 | 9.28 |
| 2026-08-18 | 9.26 |
| 2026-08-17 | 9.03 |
| 2026-08-14 | 9.19 |
| 2026-08-13 | 9.02 |
| 2026-08-12 | 9.07 |
| 2026-08-11 | 8.98 |
| 2026-08-10 | 8.99 |
| 2026-08-07 | 8.67 |
| 2026-08-06 | 8.99 |
| 2026-08-05 | 14.28 |
| 2026-08-04 | 14.42 |
| 2026-08-03 | 14.47 |
| 2026-07-31 | 14.78 |
| 2026-07-30 | 14.47 |
| 2026-07-29 | 14.50 |
| 2026-07-28 | 14.14 |
| 2026-07-27 | 14.34 |
| 2026-07-24 | 15.12 |
| 2026-07-23 | 15.25 |
| 2026-07-22 | 14.99 |
| 2026-07-21 | 14.72 |
| 2026-07-20 | 14.85 |
| 2026-07-17 | 14.72 |
| 2026-07-16 | 14.52 |
| 2026-07-15 | 14.34 |
| 2026-07-14 | 14.86 |
| 2026-07-13 | 14.76 |
| 2026-07-10 | 14.50 |
| 2026-07-09 | 14.65 |
| 2026-07-08 | 14.63 |
| 2026-07-07 | 14.29 |
| 2026-07-06 | 13.80 |
| 2026-07-02 | 13.79 |
| 2026-07-01 | 13.67 |
| 2026-06-30 | 13.40 |
| 2026-06-29 | 13.68 |
| 2026-06-26 | 13.55 |
| 2026-06-25 | 13.18 |
| 2026-06-24 | 12.94 |
| 2026-06-23 | 13.13 |
| 2026-06-22 | 12.94 |
| 2026-06-18 | 12.73 |
| 2026-06-17 | 12.97 |
| 2026-06-16 | 12.94 |
| 2026-06-15 | 13.19 |
| 2026-06-12 | 13.53 |
| 2026-06-11 | 13.46 |
| 2026-06-10 | 13.56 |
| 2026-06-09 | 13.42 |
| 2026-06-08 | 13.26 |
| 2026-06-05 | 13.39 |
| 2026-06-04 | 13.51 |
| 2026-06-03 | 13.19 |
| 2026-06-02 | 13.23 |
| 2026-06-01 | 12.77 |
| 2026-05-29 | 12.61 |
| 2026-05-28 | 12.87 |
| 2026-05-27 | 12.95 |
| 2026-05-26 | 13.12 |
| 2026-05-22 | 13.50 |
| 2026-05-21 | 13.48 |
| 2026-05-20 | 13.66 |
| 2026-05-19 | 13.83 |
| 2026-05-18 | 13.89 |
| 2026-05-15 | 13.56 |
| 2026-05-14 | 13.51 |
| 2026-05-13 | 13.42 |
| 2026-05-12 | 13.70 |
| 2026-05-11 | 13.49 |
| 2026-05-08 | 13.46 |
| 2026-05-07 | 13.83 |
| 2026-05-06 | 7.10 |
| 2026-05-05 | 7.32 |
| 2026-05-04 | 7.41 |
| 2026-05-01 | 7.33 |
| 2026-04-30 | 7.47 |
| 2026-04-29 | 7.39 |
| 2026-04-28 | 7.19 |
| 2026-04-27 | 7.05 |
| 2026-04-24 | 6.98 |
| 2026-04-23 | 6.98 |
| 2026-04-22 | 6.99 |
| 2026-04-21 | 7.00 |
| 2026-04-20 | 6.85 |
| 2026-04-17 | 6.82 |
| 2026-04-16 | 7.13 |
| 2026-04-15 | 6.97 |
| 2026-04-14 | 7.05 |
| 2026-04-13 | 7.10 |
| 2026-04-10 | 7.21 |
| 2026-04-09 | 7.22 |
| 2026-04-08 | 7.47 |
| 2026-04-07 | 7.72 |
| 2026-04-06 | 7.71 |
| 2026-04-02 | 7.63 |
| 2026-04-01 | 7.49 |
| 2026-03-31 | 7.70 |
| 2026-03-30 | 7.97 |
| 2026-03-27 | 8.06 |
| 2026-03-26 | 7.91 |
| 2026-03-25 | 7.72 |
| 2026-03-24 | 8.00 |
| 2026-03-23 | 7.80 |
| 2026-03-20 | 7.63 |
| 2026-03-19 | 7.65 |
| 2026-03-18 | 7.23 |
| 2026-03-17 | 6.83 |
| 2026-03-16 | 6.82 |
| 2026-03-13 | 6.85 |
| 2026-03-12 | 6.89 |
| 2026-03-11 | 6.80 |
| 2026-03-10 | 6.67 |
| 2026-03-09 | 6.81 |
| 2026-03-06 | 6.93 |
| 2026-03-05 | 6.78 |
| 2026-03-04 | 6.76 |
| 2026-03-03 | 6.68 |
| 2026-03-02 | 6.76 |
| 2026-02-27 | 6.40 |
| 2026-02-26 | 7.58 |
| 2026-02-25 | 7.19 |
| 2026-02-24 | 7.20 |
| 2026-02-23 | 7.28 |
| 2026-02-20 | 7.38 |
| 2026-02-19 | 7.37 |
| 2026-02-18 | 7.29 |
| 2026-02-17 | 7.14 |
| 2026-02-13 | 7.19 |
| 2026-02-12 | 7.09 |
| 2026-02-11 | 7.15 |
| 2026-02-10 | 7.12 |
| 2026-02-09 | 7.03 |
| 2026-02-06 | 6.94 |
| 2026-02-05 | 6.86 |
| 2026-02-04 | 6.97 |
| 2026-02-03 | 6.87 |
| 2026-02-02 | 6.77 |
| 2026-01-30 | 6.89 |
| 2026-01-29 | 6.94 |
| 2026-01-28 | 6.78 |
| 2026-01-27 | 6.70 |
| 2026-01-26 | 6.73 |
| 2026-01-23 | 6.76 |
| 2026-01-22 | 6.74 |
| 2026-01-21 | 6.75 |
| 2026-01-20 | 6.62 |
| 2026-01-16 | 6.73 |
| 2026-01-15 | 6.61 |
| 2026-01-14 | 6.51 |
| 2026-01-13 | 6.31 |
| 2026-01-12 | 6.30 |
| 2026-01-09 | 6.33 |
| 2026-01-08 | 6.40 |
| 2026-01-07 | 6.39 |
| 2026-01-06 | 6.34 |
| 2026-01-05 | 6.47 |
| 2026-01-02 | 6.44 |
| 2025-12-31 | 6.33 |
| 2025-12-30 | 6.30 |
| 2025-12-29 | 6.28 |
| 2025-12-26 | 6.17 |
| 2025-12-24 | 6.20 |
| 2025-12-23 | 6.25 |
| 2025-12-22 | 6.17 |
| 2025-12-19 | 6.18 |
| 2025-12-18 | 6.19 |
| 2025-12-17 | 6.20 |
| 2025-12-16 | 6.17 |
| 2025-12-15 | 6.15 |
| 2025-12-12 | 6.17 |
| 2025-12-11 | 6.24 |
| 2025-12-10 | 6.29 |
| 2025-12-09 | 6.47 |
| 2025-12-08 | 6.54 |
| 2025-12-05 | 6.70 |
| 2025-12-04 | 6.77 |
| 2025-12-03 | 6.79 |
| 2025-12-02 | 6.82 |
| 2025-12-01 | 6.86 |
| 2025-11-28 | 6.79 |
| 2025-11-26 | 6.71 |
| 2025-11-25 | 6.68 |
| 2025-11-24 | 6.67 |
| 2025-11-21 | 6.70 |
| 2025-11-20 | 6.78 |
| 2025-11-19 | 6.83 |
| 2025-11-18 | 6.92 |
| 2025-11-17 | 7.01 |
| 2025-11-14 | 7.01 |
| 2025-11-13 | 6.95 |
| 2025-11-12 | 6.96 |
| 2025-11-11 | 6.91 |
| 2025-11-10 | 6.89 |
| 2025-11-07 | 6.77 |
| 2025-11-06 | 6.78 |
| 2025-11-05 | 6.70 |
| 2025-11-04 | 6.74 |
| 2025-11-03 | 6.83 |
| 2025-10-31 | 6.91 |
| 2025-10-30 | 6.89 |
| 2025-10-29 | 7.00 |
| 2025-10-28 | 7.16 |
| 2025-10-27 | 7.29 |
| 2025-10-24 | 7.28 |
| 2025-10-23 | 7.34 |
| 2025-10-22 | 7.44 |
| 2025-10-21 | 7.37 |
| 2025-10-20 | 7.34 |
| 2025-10-17 | 7.26 |
| 2025-10-16 | 7.29 |
| 2025-10-15 | 7.47 |
| 2025-10-14 | 7.50 |
| 2025-10-13 | 7.52 |
| 2025-10-10 | 7.54 |
| 2025-10-09 | 7.67 |
| 2025-10-08 | 7.81 |
| 2025-10-07 | 7.80 |
| 2025-10-06 | 7.73 |
| 2025-10-03 | 7.70 |
| 2025-10-02 | 7.68 |
| 2025-10-01 | 7.69 |
| 2025-09-30 | 7.79 |
| 2025-09-29 | 7.80 |
| 2025-09-26 | 7.90 |
| 2025-09-25 | 7.88 |
| 2025-09-24 | 7.84 |
| 2025-09-23 | 7.79 |
| 2025-09-22 | 7.65 |
Showing the most recent 260 of 1,770 data points. The chart above shows the full history.