The historical rank and industry rank for PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:NVAL'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2 Med: 2.29 Max: 3.25
Current: 1.96
During the past years, PTT Exploration & Production PCL's highest Cyclically Adjusted PS Ratio was 3.25. The lowest was 1.20. And the median was 2.29.
FRA:NVAL's Cyclically Adjusted PS Ratio is ranked worse than 68.04% of 704
companies
in the Oil & Gas industry
Industry Median: 1.005
vs FRA:NVAL: 1.96
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 Exploration & Production PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.514. 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 €1.75 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PTT Exploration & Production PCL (FRA:NVAL) 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 Exploration & Production PCL Cyclically Adjusted PS Ratio Related Terms
PTT Exploration & Production PCL Cyclically Adjusted PS Ratio Historical Data
* 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 Cyclically Adjusted PS Ratio Chart
FRA:NVAL vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison
For the Oil & Gas E&P subindustry, PTT Exploration & Production 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 Exploration & Production PCL Cyclically Adjusted PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio falls into.
PTT Exploration & Production 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.
* 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.
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 2.03 mean?
PTT Exploration & Production PCL (FRA:NVAL) has a Cyclically Adjusted PS Ratio of 2.03 as of Jul. 11, 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 Exploration & Production PCL and its competitors. This is 11% below median its historical median of 2.29. Over the past decade, PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio has ranged from 1.20 to 3.25. According to the industry distribution chart, PTT Exploration & Production PCL ranks #479 out of 704 companies in the Oil & Gas industry, placing it in the top 68%.
Is PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio too high?
PTT Exploration & Production PCL's current Cyclically Adjusted PS Ratio of 2.03 is 11% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 3.25. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.01. PTT Exploration & Production PCL's value of 2.03 is 102% above this industry median. Based on the distribution chart, PTT Exploration & Production PCL ranks #479 out of 704 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PTT Exploration & Production PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PTT Exploration & Production PCL ranks #479 out of 704 companies for Cyclically Adjusted PS Ratio. This places PTT Exploration & Production PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.01. PTT Exploration & Production PCL's value of 2.03 is 102% above this benchmark. Historically, PTT Exploration & Production PCL's own Cyclically Adjusted PS Ratio has ranged from 1.20 to 3.25 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.01, PTT Exploration & Production 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 Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.01, based on 704 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 Exploration & Production PCL's current Cyclically Adjusted PS Ratio of 2.03 is 102% 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 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 Exploration & Production PCL and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTT Exploration & Production PCL's current Cyclically Adjusted PS Ratio is 2.03, which is 11% below median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTT Exploration & Production PCL stock overvalued right now?
PTT Exploration & Production PCL (FRA:NVAL) has a current Cyclically Adjusted PS Ratio of 2.03. The stock's GF Value™ is €3.44, compared to a current price of €3.56 — trading 3.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.03, which is 11% below median its 10-year median of 2.29 and 102% above the Oil & Gas industry median of 1.01. PTT Exploration & Production PCL's overall GF Score™ is 84/100 with 2 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 Exploration & Production PCL (FRA:NVAL), the current Cyclically Adjusted PS Ratio is 2.03 as of Jul. 11, 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 Exploration & Production PCL (FRA:NVAL) Overvalued in 2026?
Based on GuruFocus' analysis, PTT Exploration & Production PCL stock appears to be overvalued.
The current stock price of €3.56 is trading 3.5% above its estimated GF Value™ of €3.44.
Key valuation signals for FRA:NVAL:
Cyclically Adjusted PS Ratio: 2.03 (11% below median its 10-year median of 2.29)
GF Value™: €3.44 vs. price of €3.56 (3.5% above fair value)
Industry Position: 102% above the Oil & Gas median (#479 of 704)
No single metric tells the full story. See the FRA:NVAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PTT Exploration & Production PCL Business Description
PTT Exploration & Production PCL is engaged in the exploration and production of petroleum in Thailand and overseas, and related businesses. Its segments include Exploration and production, which operates in oil and gas exploration and production both domestically and overseas, including overseas gas transportation pipeline, either as an operator or as a joint venture partner with international oil and gas companies. Its domestic projects are located in the Gulf of Thailand. Overseas projects are located in Southeast Asia, the Middle East, Africa, and other regions. Other businesses and corporate consist of investments in other businesses, such as new businesses for energy transition, related businesses, and corporate.
84GF Score
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