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NOV price to book ratio NOV

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
1.1×
10-year median
1.0×
Against its 10-year history
64th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.5× to 1.9×
Peer median
2.9×

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

That is above its ten-year median of 1.0×, close to the middle of its last ten years.

Over that time it ranged from 0.5× in Apr 2020 to 1.9× in Feb 2023.

The median for 10 oilfield services stocks of a similar size is 2.9×.

Price to book ratio over time

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

YearEnd of yearLowHigh
2026 so far1.1×0.9×1.2×
20250.9×0.7×0.9×
20240.9×0.8×1.5×
20231.4×1.1×1.9×
20221.7×1.1×1.9×
20211.1×0.9×1.4×
20201.0×0.5×1.2×
20191.2×0.6×1.2×
20180.7×0.7×1.3×
20171.0×0.8×1.1×
20161.0×0.6×1.0×
20150.7×0.7×1.3×
20141.3×1.2×1.7×
20131.5×1.3×1.6×
20121.3×1.3×1.9×
20111.6×1.2×2.0×
20101.7×0.9×1.7×
20091.2×1.0×1.4×

Against its peers

Companies in Oil & Gas Equipment & Services nearest NOV's size, closest first, today.

CompanyPrice to book ratio
NOVNOV1.1×
WFRDWeatherford International3.5×
WHDCactus4.1×
SEISolaris Energy Infrastructure5.0×
OIIOceaneering International3.2×
LBRTLiberty Energy1.3×
INVXInnovex International2.0×
FTITechnipFMC8.4×
HALHalliburton2.6×
RESRPC1.2×
HOSHornbeck Offshore Services0.7×
Peer median2.9×

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 NOV

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