Petronas Gas BhdPNAGF 79 Current Ratio is 1.88 as of Mar. 2026, which is 49% below its 10-year median of 3.67. GuruFocus rates PNAGF with a GF Score™ of 79/100 and a GF Value™ of $4.48 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,016 Oil & Gas companies, Petronas Gas Bhd ranks better than 65.35% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Petronas Gas Bhd's current ratio for the quarter that ended in Mar. 2026 was 1.88.
Petronas Gas Bhd has a current ratio of 1.88. It generally indicates good short-term financial strength.
The historical rank and industry rank for Petronas Gas Bhd's Current Ratio or its related term are showing as below:
PNAGF'
s Current Ratio Range Over the Past 10 Years
Min: 1.23 Med: 3.67 Max: 7.62
Current: 1.88
During the past 13 years, Petronas Gas Bhd's highest Current Ratio was 7.62. The lowest was 1.23. And the median was 3.67.
PNAGF's Current Ratio is ranked better than 65.35% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.355
vs PNAGF: 1.88
Petronas Gas Bhd (OTCPK:PNAGF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Petronas Gas Bhd Current Ratio Related Terms
Petronas Gas Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Petronas Gas Bhd's Current 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.
For the Oil & Gas Integrated subindustry, Petronas Gas Bhd's Current Ratio, along with its competitors' market caps and Current 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.
Petronas Gas Bhd Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petronas Gas Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd's Current Ratio 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.
Petronas Gas Bhd (PNAGF) has a Current Ratio of 1.88 as of Mar. 2026. This is 49% below median its historical median of 3.67. Over the past decade, Petronas Gas Bhd's Current Ratio has ranged from 1.23 to 7.62. According to the industry distribution chart, Petronas Gas Bhd ranks #352 out of 1016 companies in the Oil & Gas industry, placing it in the top 34.6%.
Is Petronas Gas Bhd's Current Ratio too high?
Petronas Gas Bhd's current Current Ratio of 1.88 is 49% below median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 7.62. The Oil & Gas industry median Current Ratio is 1.36. Petronas Gas Bhd's value of 1.88 is 38.7% above this industry median. Based on the distribution chart, Petronas Gas Bhd ranks #352 out of 1016 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petronas Gas Bhd has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Current Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petronas Gas Bhd ranks #352 out of 1016 companies for Current Ratio. This puts Petronas Gas Bhd in the upper half of its industry. The industry median Current Ratio is 1.36. Petronas Gas Bhd's value of 1.88 is 38.7% above this benchmark. Historically, Petronas Gas Bhd's own Current Ratio has ranged from 1.23 to 7.62 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.36, Petronas Gas Bhd has consistently been above 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 Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.36, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petronas Gas Bhd's current Current Ratio of 1.88 is 38.7% above 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronas Gas Bhd's current Current Ratio is 1.88, which is 49% below median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (PNAGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.48, compared to a current price of $4.45 — trading 0.7% below its estimated fair value. The current Current Ratio is 1.88, which is 49% below median its 10-year median of 3.67 and 38.7% above the Oil & Gas industry median of 1.36. Petronas Gas Bhd's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Petronas Gas Bhd (PNAGF), the current Current Ratio is 1.88 as of Mar. 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 Petronas Gas Bhd (PNAGF) Overvalued in 2026?
Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be undervalued.
The current stock price of $4.45 is trading 0.7% below its estimated GF Value™ of $4.48.
GuruFocus considers Petronas Gas Bhd to be Modestly Overvalued.
Key valuation signals for PNAGF:
Current Ratio: 1.88 (49% below median its 10-year median of 3.67)
GF Value™: $4.48 vs. price of $4.45 (0.7% below fair value)
Industry Position: 38.7% above the Oil & Gas median (#352 of 1016)
No single metric tells the full story. See the PNAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
79GF Score
Get the complete analysis for PNAGF
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PNAGF has been successfully added to your 
