PB Ratio: 3.32

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 3.32 is 75% above its estimated 5-year average of 1.90, near the high end of its estimated 5-year range (1.40–3.33).

As of 2026-09-09T20:00:03.000Z. 42.31% above its estimated 12-month average of 2.33.

PSX PB Ratio Metrics

P/B vs. estimated history

At 3.32, P/B is above its estimated 14-year median — higher than 100% of readings in its estimated 14-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.

Book Value Analysis

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

PB Ratio FAQ

What is the P/B ratio for Phillips 66 (PSX)?

The P/B ratio for PSX stock is 3.32.

Is Phillips 66's P/B ratio high or low?

The P/B ratio of 3.32 is 75% above its estimated 5-year average of 1.90, near the high end of its estimated 5-year range (1.40–3.33).

What is the estimated TTM average P/B ratio for Phillips 66 (PSX)?

The estimated TTM average P/B ratio for PSX stock is 2.33.

What is the estimated 3Y average P/B ratio for Phillips 66 (PSX)?

The estimated 3Y average P/B ratio for PSX stock is 1.99.

What is the estimated 5Y average P/B ratio for Phillips 66 (PSX)?

The estimated 5Y average P/B ratio for PSX stock is 1.90.

What is the estimated 10Y average P/B ratio for Phillips 66 (PSX)?

The estimated 10Y average P/B ratio for PSX stock is 1.90.

What is the estimated 15Y average P/B ratio for Phillips 66 (PSX)?

The estimated 15Y average P/B ratio for PSX stock is 1.91.

Showing the most recent 260 of 3,598 data points. The chart above shows the full history.

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