ConocoPhillips (COP) - P/B ratio

P/B ratio as of September 2026 : 2.55

According to ConocoPhillips's latest financial reports the company has a price-to-book ratio of 2.8293.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

ConocoPhillips - P/B ratio (from 2001 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	1.87	-3.21%
2024-12-31	1.93	-30.82%
2023-12-31	2.80	-8.69%
2022-12-31	3.06	46.09%
2021-12-31	2.10	46.53%
2020-12-31	1.43	-28.91%
2019-12-31	2.01	-9.07%
2018-12-31	2.21	3.9%
2017-12-31	2.13	20.8%
2016-12-31	1.76	22.49%
2015-12-31	1.44	-11.5%
2014-12-31	1.63	-1.41%
2013-12-31	1.65	12.94%
2012-12-31	1.46	-0.72%
2011-12-31	1.47	1.75%
2010-12-31	1.45	16.27%
2009-12-31	1.24	-9.37%
2008-12-31	1.37	-10.26%
2007-12-31	1.53	8.29%
2006-12-31	1.41	-4.97%
2005-12-31	1.49	7.97%
2004-12-31	1.38	8.25%
2003-12-31	1.27	17%
2002-12-31	1.09

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
PetroChina 0857.HK	0.8747	-65.71%	🇨🇳 China
BP BP	1.54	-39.55%	🇬🇧 UK
Marathon Oil MRO	1.40	-45.25%	🇺🇸 USA
Exxon Mobil XOM	2.60	2.05%	🇺🇸 USA
Chevron CVX	2.20	-13.60%	🇺🇸 USA
Devon Energy DVN	3.57	39.81%	🇺🇸 USA
Hess HES	3.72	45.84%	🇺🇸 USA
Murphy Oil MUR	1.06	-58.30%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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