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Ptt PCLBKK:PTT-R +0.28%80 Capex-to-Operating-Income is 0.45 as of Jun. 2026, which is 37% below its 10-year median of 0.71. GuruFocus rates BKK:PTT-R with a GF Score™ of 80/100 and a GF Value™ of ฿30.72 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 616 Oil & Gas companies, Ptt PCL ranks better than 53.41% on this metric.
Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Ptt PCL's Capital Expenditure for the
three
months ended in Jun. 2026 was ฿-42,144.71 Mil. Its Operating Income for the
three
months ended in Jun. 2026 was ฿94,780.78 Mil.
Hence, Ptt PCL's Capex-to-Operating-Income for the
three
months ended in Jun. 2026 was 0.45.
Ptt PCL (BKK:PTT-R) Capex-to-Operating-Income Explanation
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Ptt PCL Capex-to-Operating-Income Related Terms
Ptt PCL Capex-to-Operating-Income Historical Data
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The historical data trend for Ptt PCL's Capex-to-Operating-Income 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.
BKK:PTT-R vs XOM, CVX: Capex-to-Operating-Income Comparison
For the Oil & Gas Integrated subindustry, Ptt PCL's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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 PCL Capex-to-Operating-Income vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ptt PCL's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Ptt PCL's Capex-to-Operating-Income falls into.
* 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.
What does a Capex-to-Operating-Income of 0.45 mean?
Ptt PCL (BKK:PTT-R) has a Capex-to-Operating-Income of 0.45 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Ptt PCL and its competitors. This is 37% below median its historical median of 0.71. Over the past decade, Ptt PCL's Capex-to-Operating-Income has ranged from 0.53 to 2.52. According to the industry distribution chart, Ptt PCL ranks #287 out of 616 companies in the Oil & Gas industry, placing it in the top 46.6%.
Is Ptt PCL's Capex-to-Operating-Income too high?
Ptt PCL's current Capex-to-Operating-Income of 0.45 is 37% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 2.52. The Oil & Gas industry median Capex-to-Operating-Income is 0.71. Ptt PCL's value of 0.45 is 36.6% below this industry median. Based on the distribution chart, Ptt PCL ranks #287 out of 616 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ptt PCL has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ptt PCL's Capex-to-Operating-Income compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ptt PCL ranks #287 out of 616 companies for Capex-to-Operating-Income. This puts Ptt PCL in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.71. Ptt PCL's value of 0.45 is 36.6% below this benchmark. Historically, Ptt PCL's own Capex-to-Operating-Income has ranged from 0.53 to 2.52 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.71, Ptt PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for an Oil & Gas company?
The median Capex-to-Operating-Income among Oil & Gas companies is 0.71, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ptt PCL's current Capex-to-Operating-Income of 0.45 is 36.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Ptt PCL and its competitors. For the Oil & Gas industry, the median Capex-to-Operating-Income is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ptt PCL's current Capex-to-Operating-Income is 0.45, which is 37% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ptt PCL stock overvalued right now?
Based on GuruFocus' analysis, Ptt PCL (BKK:PTT-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿30.72, compared to a current price of ฿41.51 — trading 35.1% above its estimated fair value. The current Capex-to-Operating-Income is 0.45, which is 37% below median its 10-year median of 0.71 and 36.6% below the Oil & Gas industry median of 0.71. Ptt PCL's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Ptt PCL (BKK:PTT-R), the current Capex-to-Operating-Income is 0.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ptt PCL (BKK:PTT-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ptt PCL stock appears to be overvalued.
The current stock price of ฿41.51 is trading 35.1% above its estimated GF Value™ of ฿30.72.
GuruFocus considers Ptt PCL to be Significantly Overvalued.
Key valuation signals for BKK:PTT-R:
Capex-to-Operating-Income: 0.45 (37% below median its 10-year median of 0.71)
GF Value™: ฿30.72 vs. price of ฿41.51 (35.1% above fair value)
Industry Position: 36.6% below the Oil & Gas median (#287 of 616)
No single metric tells the full story. See the BKK:PTT-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. The Group is organized into business groups based on types of products and services. The segments of the Group are Upstream petroleum and Natural gas business group which is further divided into Petroleum exploration and production business and Natural gas business. Downstream petroleum business group is divided into Oil and retail business; International trading business and Petrochemical and Refining business. New business and sustainability group includes emphasis on decarbonization to achieve the Net Zero Emission.
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Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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