PEXNY (PTT Exploration & Production PCL) Cyclically Adjusted PS Ratio: 2.33 (As of Jul. 26, 2026) — Near Median

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PEXNY PTT Exploration & Production PCL PEXNY
85 GF Score
Price $8.25
GF Value $6.96
Valuation Modestly Overvalued
! 7 Warning Signs
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What is PTT Exploration & Production PCL Cyclically Adjusted PS Ratio?

PTT Exploration & Production PCL PEXNY -1.90% 85 Cyclically Adjusted PS Ratio is 2.33 as of Jul. 26, 2026, which is 2% above its 10-year median of 2.29. GuruFocus rates PEXNY with a GF Score™ of 85/100 and a GF Value™ of $6.96 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 708 Oil & Gas companies, PTT Exploration & Production PCL ranks worse than 70.48% on this metric.

As of today (2026-07-26), PTT Exploration & Production PCL's current share price is $8.25. PTT Exploration & Production PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.54. PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio for today is 2.33.

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

PEXNY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.29   Max: 3.25
Current: 2.23

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.

PEXNY's Cyclically Adjusted PS Ratio is ranked worse than
70.48% of 708 companies
in the Oil & Gas industry
Industry Median: 1.055 vs PEXNY: 2.23

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 $1.188. 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 $3.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTT Exploration & Production PCL  (OTCPK:PEXNY) 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

* Premium members only.

The historical data trend for PTT Exploration & Production 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 Exploration & Production PCL Cyclically Adjusted PS Ratio Chart

PTT Exploration & Production 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 2.13 2.99 2.44 1.89 1.73

PTT Exploration & Production 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 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 1.82 1.69 1.77 1.73 2.40

PEXNY 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.


PEXNY
85GF Score
PTT Exploration & Production PCL PEXNY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.25/3.54
=2.33

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PTT Exploration & Production PCL'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)
=1.188/330.2130*330.2130
=1.188

Current CPI (Mar. 2026) = 330.2130.

PTT Exploration & Production PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.543 241.018 0.744
201609 0.523 241.428 0.715
201612 0.524 241.432 0.717
201703 0.534 243.801 0.723
201706 0.444 244.955 0.599
201709 0.611 246.819 0.817
201712 0.623 246.524 0.834
201803 0.602 249.554 0.797
201806 0.599 251.989 0.785
201809 0.665 252.439 0.870
201812 0.728 251.233 0.957
201903 0.680 254.202 0.883
201906 0.745 256.143 0.960
201909 0.740 256.759 0.952
201912 0.899 256.974 1.155
202003 0.738 258.115 0.944
202006 0.546 257.797 0.699
202009 0.622 260.280 0.789
202012 0.672 260.474 0.852
202103 0.699 264.877 0.871
202106 0.870 271.696 1.057
202109 0.887 274.310 1.068
202112 0.949 278.802 1.124
202203 1.033 287.504 1.186
202206 1.199 296.311 1.336
202209 1.203 296.808 1.338
202212 1.327 296.797 1.476
202303 1.104 301.836 1.208
202306 0.974 305.109 1.054
202309 1.098 307.789 1.178
202312 1.145 306.746 1.233
202403 1.061 312.332 1.122
202406 1.158 314.175 1.217
202409 1.148 315.301 1.202
202412 1.127 315.605 1.179
202503 1.061 319.799 1.096
202506 1.101 322.561 1.127
202509 1.083 324.800 1.101
202512 1.123 324.054 1.144
202603 1.188 330.213 1.188

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 2.33 mean?
PTT Exploration & Production PCL (PEXNY) has a Cyclically Adjusted PS Ratio of 2.33 as of Jul. 26, 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 near 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 #499 out of 708 companies in the Oil & Gas industry, placing it in the top 70.5%.
Is PTT Exploration & Production PCL's Cyclically Adjusted PS Ratio too high?
PTT Exploration & Production PCL's current Cyclically Adjusted PS Ratio of 2.33 is near 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 1.06. PTT Exploration & Production PCL's value of 2.33 is 120.9% above this industry median. Based on the distribution chart, PTT Exploration & Production PCL ranks #499 out of 708 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PTT Exploration & Production PCL has a GF Score™ of 85/100 and is considered Modestly Overvalued, 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 #499 out of 708 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 1.06. PTT Exploration & Production PCL's value of 2.33 is 120.9% 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 1.06, 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 1.06, based on 708 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 2.33 is 120.9% 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 1.06 — 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 2.33, which is near 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?
Based on GuruFocus' analysis, PTT Exploration & Production PCL (PEXNY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.96, compared to a current price of $8.25 — trading 18.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.33, which is near median its 10-year median of 2.29 and 120.9% above the Oil & Gas industry median of 1.06. PTT Exploration & Production PCL's overall GF Score™ is 85/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For PTT Exploration & Production PCL (PEXNY), the current Cyclically Adjusted PS Ratio is 2.33 as of Jul. 26, 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 (PEXNY) Overvalued in 2026?

Based on GuruFocus' analysis, PTT Exploration & Production PCL stock appears to be overvalued. The current stock price of $8.25 is trading 18.5% above its estimated GF Value™ of $6.96. GuruFocus considers PTT Exploration & Production PCL to be Modestly Overvalued.

Key valuation signals for PEXNY:

  • Cyclically Adjusted PS Ratio: 2.33 (near median its 10-year median of 2.29)
  • GF Value™: $6.96 vs. price of $8.25 (18.5% above fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 120.9% above the Oil & Gas median (#499 of 708)

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


PTT Exploration & Production PCL Business Description

Industry EnergyOil & Gas
Address Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 19th-36th Floor, Chatuchak, Bangkok, THA, 10900
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.
85GF Score

Get the complete analysis for PEXNY

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

$8.25
Price
$6.96
GF Value