Thai Oil PCLTOIPY 78 Current Ratio is 1.42 as of Mar. 2026, which is 53% below its 10-year median of 3.05. GuruFocus rates TOIPY with a GF Score™ of 78/100 and a GF Value™ of $13.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,011 Oil & Gas companies, Thai Oil PCL ranks better than 52.23% 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. Thai Oil PCL's current ratio for the quarter that ended in Mar. 2026 was 1.42.
Thai Oil PCL has a current ratio of 1.42. It generally indicates good short-term financial strength.
The historical rank and industry rank for Thai Oil PCL's Current Ratio or its related term are showing as below:
TOIPY'
s Current Ratio Range Over the Past 10 Years
Min: 1.21 Med: 3.05 Max: 4.92
Current: 1.42
During the past 13 years, Thai Oil PCL's highest Current Ratio was 4.92. The lowest was 1.21. And the median was 3.05.
TOIPY's Current Ratio is ranked better than 52.23% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.35
vs TOIPY: 1.42
Thai Oil PCL (OTCPK:TOIPY) 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.
Thai Oil PCL Current Ratio Related Terms
Thai Oil PCL Current Ratio Historical Data
* Premium members only.
The historical data trend for Thai Oil PCL'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 Refining & Marketing subindustry, Thai Oil PCL'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.
Thai Oil PCL Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Thai Oil PCL's Current Ratio distribution charts can be found below:
* The bar in red indicates where Thai Oil PCL'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.
Thai Oil PCL (TOIPY) has a Current Ratio of 1.42 as of Mar. 2026. This is 53% below median its historical median of 3.05. Over the past decade, Thai Oil PCL's Current Ratio has ranged from 1.21 to 4.92. According to the industry distribution chart, Thai Oil PCL ranks #483 out of 1011 companies in the Oil & Gas industry, placing it in the top 47.8%.
Is Thai Oil PCL's Current Ratio too high?
Thai Oil PCL's current Current Ratio of 1.42 is 53% below median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 4.92. The Oil & Gas industry median Current Ratio is 1.35. Thai Oil PCL's value of 1.42 is 5.2% above this industry median. Based on the distribution chart, Thai Oil PCL ranks #483 out of 1011 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Thai Oil PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Oil PCL's Current Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Thai Oil PCL ranks #483 out of 1011 companies for Current Ratio. This puts Thai Oil PCL in the upper half of its industry. The industry median Current Ratio is 1.35. Thai Oil PCL's value of 1.42 is 5.2% above this benchmark. Historically, Thai Oil PCL's own Current Ratio has ranged from 1.21 to 4.92 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 1.35, Thai Oil PCL 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 1.35, based on 1,011 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. Thai Oil PCL's current Current Ratio of 1.42 is 5.2% 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 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Oil PCL's current Current Ratio is 1.42, which is 53% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Oil PCL (TOIPY) is currently considered Fairly Valued. The stock's GF Value™ is $13.59, compared to a current price of $14.40 — trading 6% above its estimated fair value. The current Current Ratio is 1.42, which is 53% below median its 10-year median of 3.05 and 5.2% above the Oil & Gas industry median of 1.35. Thai Oil PCL's overall GF Score™ is 78/100 with 3 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 Thai Oil PCL (TOIPY), the current Current Ratio is 1.42 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 Thai Oil PCL (TOIPY) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Oil PCL stock appears to be overvalued.
The current stock price of $14.40 is trading 6% above its estimated GF Value™ of $13.59.
GuruFocus considers Thai Oil PCL to be Fairly Valued.
Key valuation signals for TOIPY:
Current Ratio: 1.42 (53% below median its 10-year median of 3.05)
GF Value™: $13.59 vs. price of $14.40 (6% above fair value)
Industry Position: 5.2% above the Oil & Gas median (#483 of 1011)
No single metric tells the full story. See the TOIPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Oil PCL operates an integrated business in oil refining and petrochemicals business. The company is engaged in oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. It operates in the following reportable segments: Oil refinery, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. The majority of the company's revenue is derived from the Oil refinery segment. Geographically, it generates the maximum revenue from Thailand, followed by Indonesia and other countries.
78GF Score
Get the complete analysis for TOIPY
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
TOIPY has been successfully added to your 
