PUTRF (Ptt PCL) Cyclically Adjusted PB Ratio: 0.72 (As of Jul. 05, 2026) — 41% Below Median


PUTRF Ptt PCL PUTRF
80 GF Score
Price $0.87
GF Value $0.70
! 7 Warning Signs
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What is Ptt PCL Cyclically Adjusted PB Ratio?

Ptt PCL PUTRF -17.06% 80 Cyclically Adjusted PB Ratio is 0.72 as of Jul. 05, 2026, which is 41% below its 10-year median of 1.22. GuruFocus rates PUTRF with a GF Score™ of 80/100 and a GF Value™ of $0.70. The stock has 7 warning signs investors should review. Among 774 Oil & Gas companies, Ptt PCL ranks better than 58.91% on this metric.

As of today (2026-07-05), Ptt PCL's current share price is $0.86951. Ptt PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.20. Ptt PCL's Cyclically Adjusted PB Ratio for today is 0.72.

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

PUTRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.22   Max: 2.52
Current: 0.92

During the past years, Ptt PCL's highest Cyclically Adjusted PB Ratio was 2.52. The lowest was 0.77. And the median was 1.22.

PUTRF's Cyclically Adjusted PB Ratio is ranked better than
58.91% of 774 companies
in the Oil & Gas industry
Industry Median: 1.18 vs PUTRF: 0.92

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 PCL's adjusted book value per share data for the three months ended in Mar. 2026 was $1.285. 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 $1.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ptt PCL  (OTCPK:PUTRF) 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 PCL Cyclically Adjusted PB Ratio Related Terms


Ptt PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ptt 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.

Ptt PCL Cyclically Adjusted PB Ratio Chart

Ptt PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.99 1.00 0.85 0.82

Ptt PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.84 0.77 0.85 0.82 0.87

PUTRF vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, Ptt 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 PCL Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ptt PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ptt PCL's Cyclically Adjusted PB Ratio falls into.


PUTRF
80GF Score
Ptt PCL PUTRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ptt 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 PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.86951/1.20
=0.72

* 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 PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ptt PCL's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.285/330.2130*330.2130
=1.285

Current CPI (Mar. 2026) = 330.2130.

Ptt PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.725 241.018 0.993
201609 0.744 241.428 1.018
201612 0.747 241.432 1.022
201703 0.800 243.801 1.084
201706 0.819 244.955 1.104
201709 0.835 246.819 1.117
201712 0.878 246.524 1.176
201803 0.942 249.554 1.246
201806 0.921 251.989 1.207
201809 0.919 252.439 1.202
201812 0.936 251.233 1.230
201903 0.991 254.202 1.287
201906 0.983 256.143 1.267
201909 0.992 256.759 1.276
201912 1.019 256.974 1.309
202003 0.946 258.115 1.210
202006 0.970 257.797 1.242
202009 0.979 260.280 1.242
202012 1.027 260.474 1.302
202103 1.084 264.877 1.351
202106 1.079 271.696 1.311
202109 1.035 274.310 1.246
202112 1.050 278.802 1.244
202203 1.084 287.504 1.245
202206 1.077 296.311 1.200
202209 1.015 296.808 1.129
202212 1.060 296.797 1.179
202303 1.093 301.836 1.196
202306 1.100 305.109 1.191
202309 1.096 307.789 1.176
202312 1.122 306.746 1.208
202403 1.147 312.332 1.213
202406 1.128 314.175 1.186
202409 1.178 315.301 1.234
202412 1.179 315.605 1.234
202503 1.216 319.799 1.256
202506 1.226 322.561 1.255
202509 1.239 324.800 1.260
202512 1.261 324.054 1.285
202603 1.285 330.213 1.285

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.

What does a Cyclically Adjusted PB Ratio of 0.72 mean?
Ptt PCL (PUTRF) has a Cyclically Adjusted PB Ratio of 0.72 as of Jul. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ptt PCL and its competitors. This is 41% below median its historical median of 1.22. Over the past decade, Ptt PCL's Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.52. According to the industry distribution chart, Ptt PCL ranks #318 out of 774 companies in the Oil & Gas industry, placing it in the top 41.1%.
Is Ptt PCL's Cyclically Adjusted PB Ratio too high?
Ptt PCL's current Cyclically Adjusted PB Ratio of 0.72 is 41% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.52. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Ptt PCL's value of 0.72 is 39% below this industry median. Based on the distribution chart, Ptt PCL ranks #318 out of 774 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ptt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Ptt PCL's Cyclically Adjusted PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ptt PCL ranks #318 out of 774 companies for Cyclically Adjusted PB Ratio. This puts Ptt PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Ptt PCL's value of 0.72 is 39% below this benchmark. Historically, Ptt PCL's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.52 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.18, 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 Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 774 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ptt PCL's current Cyclically Adjusted PB Ratio of 0.72 is 39% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ptt PCL and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ptt PCL's current Cyclically Adjusted PB Ratio is 0.72, which is 41% below median its own 10-year median of 1.22. 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?
Ptt PCL (PUTRF) has a current Cyclically Adjusted PB Ratio of 0.72. The stock's GF Value™ is $0.70, compared to a current price of $0.87 — trading 24.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is 41% below median its 10-year median of 1.22 and 39% below the Oil & Gas industry median of 1.18. Ptt PCL's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Ptt PCL (PUTRF), the current Cyclically Adjusted PB Ratio is 0.72 as of Jul. 05, 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 (PUTRF) Overvalued in 2026?

Based on GuruFocus' analysis, Ptt PCL stock appears to be overvalued. The current stock price of $0.87 is trading 24.2% above its estimated GF Value™ of $0.70.

Key valuation signals for PUTRF:

  • Cyclically Adjusted PB Ratio: 0.72 (41% below median its 10-year median of 1.22)
  • GF Value™: $0.70 vs. price of $0.87 (24.2% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 39% below the Oil & Gas median (#318 of 774)

No single metric tells the full story. See the PUTRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ptt PCL Business Description

Industry EnergyOil & Gas
Address 555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900
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.
80GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.87
Price
$0.70
GF Value