PetroChina Co (FRA:PC6) Cyclically Adjusted PS Ratio: 0.73 (As of Jul. 12, 2026) — 22% Above Median


FRA:PC6 PetroChina Co Ltd FRA:PC6
51 GF Score
Price €1.02
GF Value €0.84
Valuation Modestly Overvalued
! 2 Warning Signs
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What is PetroChina Co Cyclically Adjusted PS Ratio?

PetroChina Co FRA:PC6 +2.05% 51 Cyclically Adjusted PS Ratio is 0.73 as of Jul. 12, 2026, which is 22% above its 10-year median of 0.60. GuruFocus rates FRA:PC6 with a GF Score™ of 51/100 and a GF Value™ of €0.84 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 706 Oil & Gas companies, PetroChina Co ranks better than 63.6% on this metric.

As of today (2026-07-12), PetroChina Co's current share price is €1.0205. PetroChina Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.39. PetroChina Co's Cyclically Adjusted PS Ratio for today is 0.73.

The historical rank and industry rank for PetroChina Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:PC6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.6   Max: 0.88
Current: 0.64

During the past years, PetroChina Co's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.32. And the median was 0.60.

FRA:PC6's Cyclically Adjusted PS Ratio is ranked better than
63.6% of 706 companies
in the Oil & Gas industry
Industry Median: 1.02 vs FRA:PC6: 0.64

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.

PetroChina Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.505. 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 €1.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PetroChina Co  (FRA:PC6) 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.


PetroChina Co Cyclically Adjusted PS Ratio Related Terms


PetroChina Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PetroChina Co'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.

PetroChina Co Cyclically Adjusted PS Ratio Chart

PetroChina Co 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 0.38 0.37 0.52 0.65 0.73

PetroChina Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.59 0.61 0.57 0.73 0.84

FRA:PC6 vs XOM, CVX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Integrated subindustry, PetroChina Co'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.


PetroChina Co Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PetroChina Co's Cyclically Adjusted PS Ratio falls into.


FRA:PC6
51GF Score
PetroChina Co Ltd FRA:PC6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PetroChina Co 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.

PetroChina Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.0205/1.39
=0.73

* 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.

PetroChina Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PetroChina Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.505/116.3033*116.3033
=0.505

Current CPI (Mar. 2026) = 116.3033.

PetroChina Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.290 101.400 0.333
201609 0.459 102.400 0.521
201612 0.234 102.600 0.265
201703 0.352 103.200 0.397
201706 0.356 103.100 0.402
201709 0.341 104.100 0.381
201712 0.338 104.500 0.376
201803 0.377 105.300 0.416
201806 0.421 104.900 0.467
201809 0.415 106.600 0.453
201812 0.453 106.500 0.495
201903 0.429 107.700 0.463
201906 0.420 107.700 0.454
201909 0.427 109.800 0.452
201912 0.494 111.200 0.517
202003 0.360 112.300 0.373
202006 0.287 110.400 0.302
202009 0.339 111.700 0.353
202012 0.302 111.500 0.315
202103 0.385 112.662 0.397
202106 0.460 111.769 0.479
202109 0.489 112.215 0.507
202112 0.544 113.108 0.559
202203 0.602 114.335 0.612
202206 0.665 114.558 0.675
202209 0.663 115.339 0.669
202212 0.560 115.116 0.566
202303 0.546 115.116 0.552
202306 0.532 114.558 0.540
202309 0.562 115.339 0.567
202312 0.509 114.781 0.516
202403 0.567 115.227 0.572
202406 0.530 114.781 0.537
202409 0.488 115.785 0.490
202412 0.479 114.893 0.485
202503 0.524 115.116 0.529
202506 0.462 114.907 0.468
202509 0.468 115.471 0.471
202512 0.462 115.832 0.464
202603 0.505 116.303 0.505

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 0.73 mean?
PetroChina Co (FRA:PC6) has a Cyclically Adjusted PS Ratio of 0.73 as of Jul. 12, 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 PetroChina Co and its competitors. This is 22% above median its historical median of 0.60. Over the past decade, PetroChina Co's Cyclically Adjusted PS Ratio has ranged from 0.32 to 0.88. According to the industry distribution chart, PetroChina Co ranks #257 out of 706 companies in the Oil & Gas industry, placing it in the top 36.4%.
Is PetroChina Co's Cyclically Adjusted PS Ratio too high?
PetroChina Co's current Cyclically Adjusted PS Ratio of 0.73 is 22% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.88. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.02. PetroChina Co's value of 0.73 is 28.4% below this industry median. Based on the distribution chart, PetroChina Co ranks #257 out of 706 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PetroChina Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PetroChina Co's Cyclically Adjusted PS Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, PetroChina Co ranks #257 out of 706 companies for Cyclically Adjusted PS Ratio. This puts PetroChina Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.02. PetroChina Co's value of 0.73 is 28.4% below this benchmark. Historically, PetroChina Co's own Cyclically Adjusted PS Ratio has ranged from 0.32 to 0.88 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.02, PetroChina Co 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.02, based on 706 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. PetroChina Co's current Cyclically Adjusted PS Ratio of 0.73 is 28.4% 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 PetroChina Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroChina Co's current Cyclically Adjusted PS Ratio is 0.73, which is 22% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroChina Co stock overvalued right now?
Based on GuruFocus' analysis, PetroChina Co (FRA:PC6) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.84, compared to a current price of €1.02 — trading 21.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is 22% above median its 10-year median of 0.60 and 28.4% below the Oil & Gas industry median of 1.02. PetroChina Co's overall GF Score™ is 51/100 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 PetroChina Co (FRA:PC6), the current Cyclically Adjusted PS Ratio is 0.73 as of Jul. 12, 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 PetroChina Co (FRA:PC6) Overvalued in 2026?

Based on GuruFocus' analysis, PetroChina Co stock appears to be overvalued. The current stock price of €1.02 is trading 21.5% above its estimated GF Value™ of €0.84. GuruFocus considers PetroChina Co to be Modestly Overvalued.

Key valuation signals for FRA:PC6:

  • Cyclically Adjusted PS Ratio: 0.73 (22% above median its 10-year median of 0.60)
  • GF Value™: €0.84 vs. price of €1.02 (21.5% above fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 28.4% below the Oil & Gas median (#257 of 706)

No single metric tells the full story. See the FRA:PC6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PetroChina Co Business Description

Industry EnergyOil & Gas
Address No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2025, it produced more than 1.8 billion barrels of oil equivalent of oil and gas, and processed 1.4 billion barrels of crude oil. It also has more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 82%.
51GF Score

Get the complete analysis for FRA:PC6

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

€1.02
Price
€0.84
GF Value