PTT Oil and Retail Business PCL (BKK:OR-F) Cyclically Adjusted PS Ratio: 0.21 (As of Sep. 22, 2026)

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BKK:OR-F PTT Oil and Retail Business PCL BKK:OR-F
87 GF Score
Price ฿12.50
GF Value ฿13.19
Valuation Fairly Valued
! 8 Warning Signs
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What is PTT Oil and Retail Business PCL Cyclically Adjusted PS Ratio?

PTT Oil and Retail Business PCL BKK:OR-F 87 Cyclically Adjusted PS Ratio is 0.21 as of Sep. 22, 2026. GuruFocus rates BKK:OR-F with a GF Score™ of 87/100 and a GF Value™ of ฿13.19 (Fairly Valued). The stock has 8 warning signs investors should review. Among 712 Oil & Gas companies, PTT Oil and Retail Business PCL ranks worse than 140449.3% on this metric.

As of today (2026-09-22), PTT Oil and Retail Business PCL's current share price is ฿12.50. PTT Oil and Retail Business PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ฿59.07. PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio for today is 0.21.

The historical rank and industry rank for PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:OR-F's Cyclically Adjusted PS Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.07
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

PTT Oil and Retail Business PCL's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ฿54.894. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ฿59.07 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTT Oil and Retail Business PCL  (BKK:OR-F) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


PTT Oil and Retail Business PCL Cyclically Adjusted PS Ratio Related Terms


PTT Oil and Retail Business PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PTT Oil and Retail Business PCL's Cyclically Adjusted PS 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 Oil and Retail Business PCL Cyclically Adjusted PS Ratio Chart

PTT Oil and Retail Business PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.22

PTT Oil and Retail Business PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 - - 0.22 0.18 0.20

BKK:OR-F vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Oil and Retail Business PCL Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio falls into.


BKK:OR-F
87GF Score
PTT Oil and Retail Business PCL BKK:OR-F
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTT Oil and Retail Business PCL Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.50/59.066
=0.21

* 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 Oil and Retail Business PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PTT Oil and Retail Business PCL's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=54.894/324.0540*324.0540
=54.894

Current CPI (Dec25) = 324.0540.

PTT Oil and Retail Business PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 40.369 241.432 54.184
201712 45.604 246.524 59.946
201812 49.511 251.233 63.862
201912 48.095 256.974 60.650
202012 35.734 260.474 44.456
202112 43.961 278.802 51.096
202212 65.815 296.797 71.859
202312 64.145 306.746 67.764
202412 60.330 315.605 61.945
202512 54.894 324.054 54.894

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.21 mean?
PTT Oil and Retail Business PCL (BKK:OR-F) has a Cyclically Adjusted PS Ratio of 0.21 as of Sep. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PTT Oil and Retail Business PCL and its competitors. According to the industry distribution chart, PTT Oil and Retail Business PCL ranks #999999 out of 712 companies in the Oil & Gas industry.
Is PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio too high?
PTT Oil and Retail Business PCL's current Cyclically Adjusted PS Ratio is 0.21. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. PTT Oil and Retail Business PCL's value of 0.21 is 80.4% below this industry median. Based on the distribution chart, PTT Oil and Retail Business PCL ranks #999999 out of 712 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PTT Oil and Retail Business PCL has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTT Oil and Retail Business PCL's Cyclically Adjusted PS Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, PTT Oil and Retail Business PCL ranks #999999 out of 712 companies for Cyclically Adjusted PS Ratio. This places PTT Oil and Retail Business PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.07. PTT Oil and Retail Business PCL's value of 0.21 is 80.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.07, based on 712 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PTT Oil and Retail Business PCL's current Cyclically Adjusted PS Ratio of 0.21 is 80.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PTT Oil and Retail Business PCL and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTT Oil and Retail Business PCL's current Cyclically Adjusted PS Ratio is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTT Oil and Retail Business PCL stock overvalued right now?
Based on GuruFocus' analysis, PTT Oil and Retail Business PCL (BKK:OR-F) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.19, compared to a current price of ฿12.50 — trading 5.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21 and 80.4% below the Oil & Gas industry median of 1.07. PTT Oil and Retail Business PCL's overall GF Score™ is 87/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For PTT Oil and Retail Business PCL (BKK:OR-F), the current Cyclically Adjusted PS Ratio is 0.21 as of Sep. 22, 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 Oil and Retail Business PCL (BKK:OR-F) Overvalued in 2026?

Based on GuruFocus' analysis, PTT Oil and Retail Business PCL stock appears to be undervalued. The current stock price of ฿12.50 is trading 5.2% below its estimated GF Value™ of ฿13.19. GuruFocus considers PTT Oil and Retail Business PCL to be Fairly Valued.

Key valuation signals for BKK:OR-F:

  • Cyclically Adjusted PS Ratio: 0.21
  • GF Value™: ฿13.19 vs. price of ฿12.50 (5.2% below fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 80.4% below the Oil & Gas median (#999999 of 712)

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


PTT Oil and Retail Business PCL Business Description

Industry EnergyOil & Gas
Other Exchanges OR:Thailand7F8:Germany
Address Vibhavadi Rangsit Road, No. 555/2, Energy Complex, Building B, 12th Floor, Khwaeng Chatuchak, Khet Chatuchak, Bangkok, THA, 10900
PTT Oil and Retail Business PCL operates in the oil and gas refining and marketing sector. The company is engaged in the distribution of petroleum products and retailing of non-oil products and services in both domestic and international markets. Its segments include Mobility Business, Lifestyle Business, and Global Business. The firm generates the majority of its revenue from the Mobility segment.
87GF Score

Get the complete analysis for BKK:OR-F

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

฿12.50
Price
฿13.19
GF Value