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PTT Exploration & Production PCL (STU:PTTG) Cyclically Adjusted PB Ratio : 1.29 (As of May. 30, 2024)


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What is PTT Exploration & Production PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-30), PTT Exploration & Production PCL's current share price is €3.78. PTT Exploration & Production PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.94. PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio for today is 1.29.

The historical rank and industry rank for PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:PTTG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.32   Max: 1.81
Current: 1.24

During the past years, PTT Exploration & Production PCL's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.69. And the median was 1.32.

STU:PTTG's Cyclically Adjusted PB Ratio is ranked worse than
58.9% of 820 companies
in the Oil & Gas industry
Industry Median: 0.985 vs STU:PTTG: 1.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PTT Exploration & Production PCL's adjusted book value per share data for the three months ended in Mar. 2024 was €3.556. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €2.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Chart

PTT Exploration & Production PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.02 1.11 1.52 1.23

PTT Exploration & Production PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.27 1.25 1.41 1.23 1.24

Competitive Comparison of PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio falls into.



PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.78/2.94
=1.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PTT Exploration & Production PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PTT Exploration & Production PCL's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.556/131.7762*131.7762
=3.556

Current CPI (Mar. 2024) = 131.7762.

PTT Exploration & Production PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.454 100.560 3.216
201409 2.617 100.428 3.434
201412 2.569 99.070 3.417
201503 2.925 99.621 3.869
201506 2.841 100.684 3.718
201509 2.539 100.392 3.333
201512 2.626 99.792 3.468
201603 2.555 100.470 3.351
201606 2.532 101.688 3.281
201609 2.562 101.861 3.314
201612 2.723 101.863 3.523
201703 2.664 102.862 3.413
201706 2.613 103.349 3.332
201709 2.390 104.136 3.024
201712 2.453 104.011 3.108
201803 2.435 105.290 3.048
201806 2.571 106.317 3.187
201809 2.529 106.507 3.129
201812 2.637 105.998 3.278
201903 2.680 107.251 3.293
201906 2.622 108.070 3.197
201909 2.739 108.329 3.332
201912 2.681 108.420 3.259
202003 2.683 108.902 3.247
202006 2.240 108.767 2.714
202009 2.525 109.815 3.030
202012 2.440 109.897 2.926
202103 2.616 111.754 3.085
202106 2.562 114.631 2.945
202109 2.648 115.734 3.015
202112 2.759 117.630 3.091
202203 2.841 121.301 3.086
202206 3.088 125.017 3.255
202209 3.398 125.227 3.576
202212 3.195 125.222 3.362
202303 3.278 127.348 3.392
202306 3.336 128.729 3.415
202309 3.388 129.860 3.438
202312 3.297 129.419 3.357
202403 3.556 131.776 3.556

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


PTT Exploration & Production PCL  (STU:PTTG) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PTT Exploration & Production PCL (STU:PTTG) Business Description

Address
Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 6th and 19th –36th Floor, Chatuchak, Bangkok, THA, 10900
PTT Exploration & Production PCL operates oil and gas production, development, and exploration projects globally. Projects are composed of both onshore and offshore operations and are sometimes underpinned by partnerships with other producers. Traditionally, natural gas has been the leading revenue generator for the group, however, sales have also been generated from crude oil, liquefied petroleum gas, condensate and bitumen. Alongside exploration and production activities, the company also engages in technology services, property leasing, gas transmission, and other businesses through subsidiaries.

PTT Exploration & Production PCL (STU:PTTG) Headlines

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