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PTT Exploration & Production PCL (BKK:PTTEP) Cyclically Adjusted Book per Share : ฿125.85 (As of Mar. 2025)


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What is PTT Exploration & Production PCL Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2025 was ฿133.660. 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 ฿125.85 for the trailing ten years ended in Mar. 2025.

During the past 12 months, PTT Exploration & Production PCL's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PTT Exploration & Production PCL was 8.20% per year. The lowest was 5.20% per year. And the median was 6.40% per year.

As of today (2025-05-16), PTT Exploration & Production PCL's current stock price is ฿100.00. PTT Exploration & Production PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿125.85. PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PTT Exploration & Production PCL was 1.81. The lowest was 0.69. And the median was 1.27.


PTT Exploration & Production PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for PTT Exploration & Production PCL's Cyclically Adjusted Book per Share 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 Book per Share Chart

PTT Exploration & Production PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.37 106.78 116.44 121.21 124.35

PTT Exploration & Production PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 123.74 124.42 124.36 124.35 125.85

Competitive Comparison of PTT Exploration & Production PCL's Cyclically Adjusted Book per Share

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.


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PTT Exploration & Production PCL Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PTT Exploration & Production PCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=133.66/134.9266*134.9266
=133.660

Current CPI (Mar. 2025) = 134.9266.

PTT Exploration & Production PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 107.530 100.684 144.101
201509 102.636 100.392 137.943
201512 102.975 99.792 139.230
201603 100.180 100.470 134.537
201606 100.323 101.688 133.115
201609 99.806 101.861 132.205
201612 102.767 101.863 136.124
201703 99.370 102.862 130.346
201706 99.803 103.349 130.297
201709 94.384 104.136 122.292
201712 94.681 104.011 122.823
201803 93.847 105.290 120.263
201806 97.572 106.317 123.829
201809 96.135 106.507 121.787
201812 98.130 105.998 124.911
201903 96.118 107.251 120.921
201906 92.132 108.070 115.028
201909 92.166 108.329 114.795
201912 89.940 108.420 111.928
202003 95.151 108.902 117.890
202006 78.555 108.767 97.448
202009 93.310 109.815 114.647
202012 89.273 109.897 109.606
202103 95.918 111.754 115.807
202106 97.055 114.631 114.238
202109 103.122 115.734 120.223
202112 104.622 117.630 120.006
202203 104.022 121.301 115.707
202206 114.016 125.017 123.054
202209 124.712 125.227 134.372
202212 117.663 125.222 126.782
202303 120.968 127.348 128.167
202306 126.166 128.729 132.241
202309 129.739 129.860 134.801
202312 125.775 129.419 131.127
202403 138.965 131.776 142.287
202406 140.975 132.554 143.499
202409 123.368 133.029 125.128
202412 134.911 133.157 136.704
202503 133.660 134.927 133.660

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


PTT Exploration & Production PCL  (BKK:PTTEP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=100.00/125.85
=0.79

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PTT Exploration & Production PCL was 1.81. The lowest was 0.69. And the median was 1.27.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PTT Exploration & Production PCL Cyclically Adjusted Book per Share Related Terms

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


PTT Exploration & Production PCL Business Description

Industry
Address
Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 19th-36th Floor, Chatuchak, Bangkok, THA, 10900
PTT Exploration & Production PCL conducts business in petroleum exploration, development and production, renewable energy, new forms of energy, and technology emphasizing greenhouse gas emissions reduction toward a low-carbon and sustainable future. Its segments are Exploration and production which includes oil and gas exploration and production both domestically and overseas including overseas gas transportation pipelines overseas, and Other businesses and Corporate consists of investments in other businesses associated with the new business for energy transition, related business, and corporate.

PTT Exploration & Production PCL Headlines

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