MPLX Lp price to book ratio MPLX

Market value divided by the book value of the company's net assets, since 2013.

Today, Oct 23, 2026: 4.3×
10-year median: 2.9×
Against its 10-year history: 96th; percentile: 0 is its lowest day, 100 its highest
10-year range: 0.7× to 4.8×
Peer median: 4.2×

MPLX Lp's price to book ratio is 4.3× as of Oct 23, 2026.

That is above its ten-year median of 2.9×, higher than on 96% of days in the last ten years.

Over that time it ranged from 0.7× in Mar 2020 to 4.8× in Sep 2019.

The median for 10 oil and gas pipeline stocks of a similar size is 4.2×.

Price to book ratio over time

median 2.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	4.3×	3.8×	4.3×
2025	3.8×	3.5×	4.1×
2024	3.6×	3.1×	3.9×
2023	3.0×	2.7×	3.0×
2022	2.6×	2.4×	3.0×
2021	2.4×	1.9×	2.6×
2020	1.8×	0.7×	1.9×
2019	1.5×	1.4×	4.8×
2018	3.5×	1.5×	4.4×
2017	1.5×	1.3×	1.5×
2016	1.2×	0.9×	5.9×
2015	6.6×	5.1×	14.7×
2014	10.2×	4.7×	10.7×
2013	4.7×	3.8×	4.7×

Against its peers

Companies in Oil & Gas Midstream nearest MPLX Lp's size, closest first, today.

Company	Price to book ratio
MPLXMPLX Lp	4.3×
OKEONEOK	2.6×
LNGCheniere Energy	10.0×
TRGPTarga Resources	17.7×
ETEnergy Transfer	2.0×
KMIKinder Morgan	2.4×
EPDEnterprise Products Partners	2.6×
WMBWilliams Companies	6.6×
VGVenture Global	4.1×
CQPCheniere Energy Partners	42.5×
WESWestern Midstream Partners	4.4×
Peer median	4.2×

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 MPLX Lp

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