Marathon Petroleum Corporation MPC
- Market cap
- $108.5B
- P/E
- 13.5×
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Marathon Petroleum Corporation (MPC) P/B ratio
As of 25 September 2026, Marathon Petroleum Corporation (MPC) trades at a P/B ratio of 4.4×. Over the past ten years it has ranged from 0.3× (March 2020) to 4.8× (September 2026); the current reading is higher than 100% of that period. That is above the Oil & Gas Refining & Marketing industry median of 1.9× and above the Energy sector median of 1.5×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.1× | 5.52% |
| FY2024 | 2.0× | (4.00%) |
| FY2023 | 2.0× | 22.13% |
| FY2022 | 1.7× | 33.81% |
| FY2021 | 1.2× | 35.56% |
| FY2020 | 0.9× | (2.61%) |
| FY2019 | 0.9× | 33.70% |
| FY2018 | 0.7× | (56.91%) |
| FY2017 | 1.6× | 18.22% |
| FY2016 | 1.4× | (2.41%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.9× | (6.57%) |
| Mar 2026 | 3.1× | 49.31% |
| Dec 2025 | 2.1× | (15.76%) |
| Sep 2025 | 2.4× | 11.52% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| PBF PBF Energy Inc. compare | 1.3× |
| SUN Sunoco LP compare | 1.5× |
| DINO HF Sinclair Corporation compare | 1.9× |
| UGP Ultrapar Participacoes S.A. compare | 1.9× |
| IEP Icahn Enterprises L.P. compare | 2.2× |
| PSX Phillips 66 compare | 3.1× |
| VLO Valero Energy Corporation compare | 4.0× |
| MPC Marathon Petroleum Corporation | 4.4× |
| CVI CVR Energy Inc. compare | 6.9× |
| Oil & Gas Refining & Marketing industry median | 1.9× |
| Energy sector median | 1.5× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on MPC
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement