Expand Energy price to book ratio EXE

Market value divided by the book value of the company's net assets, since 2021.

Today, Oct 23, 2026: 1.1×
5-year median: 1.4×
Against its 5-year history: 30th; percentile: 0 is its lowest day, 100 its highest
5-year range: 0.9× to 2.8×
Peer median: 1.8×

Expand Energy's price to book ratio is 1.1× as of Oct 23, 2026.

That is below its 5-year median of 1.4×, lower than on 70% of days in the last 5 years.

Over that time it ranged from 0.9× in Sep 2024 to 2.8× in Jan 2022.

The median for 10 oil and gas producers of a similar size is 1.8×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	1.1×	1.0×	1.5×
2025	1.4×	1.3×	2.4×
2024	2.2×	0.9×	2.3×
2023	1.0×	1.0×	1.9×
2022	2.0×	1.6×	2.8×
2021	2.5×	1.2×	2.5×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Expand Energy's size, closest first, today.

Company	Price to book ratio
EXEExpand Energy	1.1×
PRPermian Resources	1.8×
TPLTexas Pacific Land	14.0×
OVVOvintiv	1.7×
APAAPA	2.6×
VNOMViper Energy	3.3×
EQTEQT	1.4×
ARANTERO RESOURCES	1.5×
RRCRange Resources	2.3×
SMSM Energy	1.2×
CHRDChord Energy	1.0×
Peer median	1.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Expand Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.