Magnolia Oil & Gas price to book ratio MGY

Market value divided by the book value of the company's net assets, since 2017.

Today, Oct 23, 2026: 2.9×
9-year median: 3.0×
Against its 9-year history: 42nd; percentile: 0 is its lowest day, 100 its highest
9-year range: 2.1× to 198×
Peer median: 1.4×

Magnolia Oil & Gas' price to book ratio is 2.9× as of Oct 23, 2026.

That is below its 9-year median of 3.0×, close to the middle of its last 9 years.

Over that time it ranged from 2.1× in Apr 2025 to 198× in Jul 2018.

The median for 10 oil and gas producers of a similar size is 1.4×.

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	2.9×	2.2×	3.1×
2025	2.1×	2.1×	2.7×
2024	2.4×	2.4×	3.3×
2023	2.6×	2.6×	4.1×
2022	4.0×	3.8×	7.4×
2021	6.3×	4.7×	7.9×
2020	n/m a value too high to mean anything
2019	n/m a value too high to mean anything
2018	198×	157×	198×
2017	158×	158×	161×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Magnolia Oil & Gas' size, closest first, today.

Company	Price to book ratio
MGYMagnolia Oil & Gas	2.9×
LBLandBridge Co LLC	17.2×
MURMurphy Oil	1.2×
CNXCNX Resources	1.1×
MTDRMatador Resources	1.3×
CHRDChord Energy	1.0×
CRKComstock Resources	1.6×
SMSM Energy	1.2×
HESMHess Midstream	7.6×
PARRPAR Pacific	1.9×
RRCRange Resources	2.3×
Peer median	1.4×

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 Magnolia Oil & Gas

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