PBF Energy Inc.

NYSE:PBF Stock Report

Market Cap: US$3.6b

PBF Energy Valuation

Is PBF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PBF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PBF ($30.72) is trading below our estimate of fair value ($113.7)

Significantly Below Fair Value: PBF is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PBF?

Key metric: As PBF is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PBF. This is calculated by dividing PBF's market cap by their current revenue.
What is PBF's PS Ratio?
PS Ratio0.1x
SalesUS$34.90b
Market CapUS$3.56b

Price to Sales Ratio vs Peers

How does PBF's PS Ratio compare to its peers?

The above table shows the PS ratio for PBF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.3x
SUN Sunoco
0.3x5.3%US$7.1b
CLMT Calumet
0.4x4.1%US$1.8b
CVI CVR Energy
0.2x0.8%US$1.9b
WKC World Kinect
0.04x3.1%US$1.6b
PBF PBF Energy
0.1x-2.8%US$3.6b

Price-To-Sales vs Peers: PBF is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does PBF's PS Ratio compare vs other companies in the US Oil and Gas Industry?

35 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.8x3.2%
PBF PBF Energy
 0.1x-2.8%US$3.56b
PSX Phillips 66
0.4x-5.1%US$54.06b
MPC Marathon Petroleum
0.4x-3.4%US$50.63b
PBF 0.1xIndustry Avg. 1.8xNo. of Companies35PS01.63.24.86.48+
35 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.8x8.2%
PBF PBF Energy
 0.1x53.4%US$3.56b
No more companies

Price-To-Sales vs Industry: PBF is good value based on its Price-To-Sales Ratio (0.1x) compared to the US Oil and Gas industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is PBF's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PBF PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio0.3x

Price-To-Sales vs Fair Ratio: PBF is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PBF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$30.72
US$32.23
+4.9%
16.4%US$40.00US$25.00n/a13
Nov ’25US$28.08
US$32.69
+16.4%
16.3%US$40.00US$25.00n/a13
Oct ’25US$31.36
US$39.92
+27.3%
22.6%US$53.00US$25.00n/a12
Sep ’25US$34.06
US$45.42
+33.3%
11.0%US$53.00US$35.00n/a12
Aug ’25US$39.20
US$47.50
+21.2%
12.5%US$57.00US$35.00n/a12
Jul ’25US$46.49
US$52.75
+13.5%
15.8%US$66.00US$37.00n/a12
Jun ’25US$46.33
US$55.92
+20.7%
11.9%US$67.00US$45.00n/a13
May ’25US$52.19
US$58.82
+12.7%
9.9%US$71.00US$48.00n/a14
Apr ’25US$58.58
US$53.85
-8.1%
14.2%US$65.00US$39.00n/a13
Mar ’25US$48.75
US$50.71
+4.0%
13.2%US$64.00US$39.00n/a14
Feb ’25US$50.23
US$49.64
-1.2%
16.1%US$67.00US$35.00n/a14
Jan ’25US$43.96
US$53.00
+20.6%
15.2%US$67.00US$40.00n/a13
Dec ’24US$45.11
US$54.38
+20.6%
14.1%US$67.00US$40.00n/a13
Nov ’24US$48.20
US$54.77
+13.6%
13.4%US$65.00US$40.00US$28.0813
Oct ’24US$53.53
US$55.33
+3.4%
14.6%US$65.00US$40.00US$31.3612
Sep ’24US$49.11
US$51.08
+4.0%
14.0%US$62.00US$36.00US$34.0612
Aug ’24US$48.09
US$47.00
-2.3%
11.8%US$58.00US$36.00US$39.2013
Jul ’24US$40.94
US$47.00
+14.8%
13.0%US$61.00US$36.00US$46.4913
Jun ’24US$35.68
US$47.23
+32.4%
13.4%US$61.00US$36.00US$46.3313
May ’24US$35.19
US$52.38
+48.9%
15.4%US$74.00US$43.00US$52.1913
Apr ’24US$43.36
US$53.38
+23.1%
15.1%US$74.00US$42.00US$58.5813
Mar ’24US$46.93
US$50.73
+8.1%
16.7%US$70.00US$36.00US$48.7511
Feb ’24US$40.20
US$47.25
+17.5%
21.4%US$70.00US$29.00US$50.2312
Jan ’24US$40.78
US$47.00
+15.3%
21.4%US$69.00US$27.00US$43.9612
Dec ’23US$39.43
US$48.42
+22.8%
17.7%US$69.00US$35.00US$45.1112
Nov ’23US$46.56
US$46.17
-0.8%
14.7%US$59.00US$35.00US$48.2012

Analyst Forecast: Target price is less than 20% higher than the current share price.

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