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PTT Exploration & Production PCL (PTT Exploration & Production PCL) Cyclically Adjusted PB Ratio : 1.23 (As of May. 29, 2024)


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

As of today (2024-05-29), PTT Exploration & Production PCL's current share price is $4.00. PTT Exploration & Production PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.24. PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio for today is 1.23.

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

PTXLF' 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.

PTXLF's Cyclically Adjusted PB Ratio is ranked worse than
58.9% of 820 companies
in the Oil & Gas industry
Industry Median: 0.985 vs PTXLF: 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 $3.865. 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 $3.24 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
=4.00/3.24
=1.23

* 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)
=3.865/131.7762*131.7762
=3.865

Current CPI (Mar. 2024) = 131.7762.

PTT Exploration & Production PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.334 100.560 4.369
201409 3.373 100.428 4.426
201412 3.168 99.070 4.214
201503 3.165 99.621 4.187
201506 3.189 100.684 4.174
201509 2.850 100.392 3.741
201512 2.861 99.792 3.778
201603 2.845 100.470 3.731
201606 2.845 101.688 3.687
201609 2.875 101.861 3.719
201612 2.872 101.863 3.715
201703 2.849 102.862 3.650
201706 2.936 103.349 3.744
201709 2.848 104.136 3.604
201712 2.903 104.011 3.678
201803 3.002 105.290 3.757
201806 3.003 106.317 3.722
201809 2.951 106.507 3.651
201812 3.000 105.998 3.730
201903 3.029 107.251 3.722
201906 2.962 108.070 3.612
201909 3.016 108.329 3.669
201912 2.979 108.420 3.621
202003 2.965 108.902 3.588
202006 2.522 108.767 3.056
202009 2.974 109.815 3.569
202012 2.968 109.897 3.559
202103 3.115 111.754 3.673
202106 3.087 114.631 3.549
202109 3.115 115.734 3.547
202112 3.117 117.630 3.492
202203 3.129 121.301 3.399
202206 3.265 125.017 3.442
202209 3.365 125.227 3.541
202212 3.384 125.222 3.561
202303 3.510 127.348 3.632
202306 3.614 128.729 3.700
202309 3.615 129.860 3.668
202312 3.596 129.419 3.661
202403 3.865 131.776 3.865

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  (OTCPK:PTXLF) 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

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PTT Exploration & Production PCL (PTT Exploration & Production PCL) 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 (PTT Exploration & Production PCL) Headlines