PBF Energy Inc. (PBF)

Petroleum Refining

Latest Price

$75.54

TTM P/E

3.36

Normalized P/E

6.69

TTM Div Yield

Fwd Div Yield

Book Value

67.10

P/B Ratio

1.13

Valuation metrics

Norm. op. income: $597M (median of 7yr)

Tax rate: 19%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$37.83

53% downside

Base FCF: $679M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$117.28

+46% upside

89.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	13.31M	$605.0M	11.25%	+1.40M	2026-06-30
Goldman Sachs Group Inc	6.13M	$278.0M	5.17%	+524.8K	2026-06-30
State Street Corp	5.51M	$251.0M	4.66%	+188.6K	2026-06-30
Vanguard Portfolio Management LLC	5.41M	$246.0M	4.57%	+485.7K	2026-06-30
Dimensional Fund Advisors LP	5.13M	$233.0M	4.33%	+763.8K	2026-06-30
Two Sigma Investments, LP	4.83M	$219.0M	4.08%	--	2026-06-30
Vanguard Capital Management LLC	4.14M	$188.0M	3.50%	+271.2K	2026-06-30
AQR Capital Management LLC	3.65M	$166.0M	3.08%	+2.07M	2026-06-30
T. Rowe Price Investment Management, Inc.	2.82M	$128.0M	2.38%	-551.0K	2026-06-30
Arrowstreet Capital, Limited Partnership	2.76M	$125.0M	2.33%	-462.4K	2026-06-30