Oil & Natural Gas
ONGC.NS
$3.39
Share price
-0.02%
Change (1 day)
74.74%
Change (1 year)
Oil and Natural Gas Corporation or ONGC for short, is an Indian Multinational Crude Oil and Gas Corporation. ONGC's operations include conventional exploration and production, refining and progressive development of alternate energy sources like coal-bed methane and shale gas.
Oil & Natural Gas (ONGC.NS) - P/B ratio
P/B ratio as of May 2024 : 1.05
According to Oil & Natural Gas
's latest financial reports the company has a price-to-book ratio of 1.05.
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.
Oil & Natural Gas - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.7656 | 24.94% |
| 2022-12-31 | 0.6128 | -7.64% |
| 2021-12-31 | 0.6635 | 28.78% |
| 2020-12-31 | 0.5152 | -21.51% |
| 2019-12-31 | 0.6564 |