PTT Oil and Retail Business PCL (BKK:OR) Debt-to-EBITDA : 0.86 (As of Mar. 2026) — 59% Below Median

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BKK:OR PTT Oil and Retail Business PCL BKK:OR
83 GF Score
Price ฿12.80
GF Value ฿13.91
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is PTT Oil and Retail Business PCL Debt-to-EBITDA?

PTT Oil and Retail Business PCL BKK:OR 83 Debt-to-EBITDA is 0.86 as of Mar. 2026, which is 59% below its 10-year median of 2.11. GuruFocus rates BKK:OR with a GF Score™ of 83/100 and a GF Value™ of ฿13.91 (Fairly Valued). The stock has 4 warning signs investors should review. Among 706 Oil & Gas companies, PTT Oil and Retail Business PCL ranks better than 72.38% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

PTT Oil and Retail Business PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿5,879 Mil. PTT Oil and Retail Business PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿12,272 Mil. PTT Oil and Retail Business PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿21,165 Mil. PTT Oil and Retail Business PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.86.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for PTT Oil and Retail Business PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:OR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.91   Med: 2.11   Max: 3.6
Current: 0.91

During the past 8 years, the highest Debt-to-EBITDA Ratio of PTT Oil and Retail Business PCL was 3.60. The lowest was 0.91. And the median was 2.11.

BKK:OR's Debt-to-EBITDA is ranked better than
72.38% of 706 companies
in the Oil & Gas industry
Industry Median: 2.035 vs BKK:OR: 0.91

PTT Oil and Retail Business PCL  (BKK:OR) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


PTT Oil and Retail Business PCL Debt-to-EBITDA Related Terms


PTT Oil and Retail Business PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PTT Oil and Retail Business PCL's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

PTT Oil and Retail Business PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 2.09 2.12 1.65 1.58 1.06

PTT Oil and Retail Business PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 0.83 1.23 1.05 1.36 0.86

BKK:OR vs MPC, VLO, PSX: Debt-to-EBITDA Comparison

For the Oil & Gas Refining & Marketing subindustry, PTT Oil and Retail Business PCL's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTT Oil and Retail Business PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PTT Oil and Retail Business PCL's Debt-to-EBITDA falls into.


BKK:OR
83GF Score
PTT Oil and Retail Business PCL BKK:OR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTT Oil and Retail Business PCL Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

PTT Oil and Retail Business PCL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7415.596 + 16148.955) / 22305.122
=1.06

PTT Oil and Retail Business PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5878.594 + 12271.819) / 21164.756
=0.86

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.86 mean?
PTT Oil and Retail Business PCL (BKK:OR) has a Debt-to-EBITDA of 0.86 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PTT Oil and Retail Business PCL. This is 59% below median its historical median of 2.11. Over the past decade, PTT Oil and Retail Business PCL's Debt-to-EBITDA has ranged from 0.91 to 3.60. According to the industry distribution chart, PTT Oil and Retail Business PCL ranks #195 out of 706 companies in the Oil & Gas industry, placing it in the top 27.6%.
Is PTT Oil and Retail Business PCL's Debt-to-EBITDA too high?
PTT Oil and Retail Business PCL's current Debt-to-EBITDA of 0.86 is 59% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.60. The Oil & Gas industry median Debt-to-EBITDA is 2.04. PTT Oil and Retail Business PCL's value of 0.86 is 57.7% below this industry median. Based on the distribution chart, PTT Oil and Retail Business PCL ranks #195 out of 706 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PTT Oil and Retail Business PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTT Oil and Retail Business PCL's Debt-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, PTT Oil and Retail Business PCL ranks #195 out of 706 companies for Debt-to-EBITDA. This puts PTT Oil and Retail Business PCL in the upper half of its industry. The industry median Debt-to-EBITDA is 2.04. PTT Oil and Retail Business PCL's value of 0.86 is 57.7% below this benchmark. Historically, PTT Oil and Retail Business PCL's own Debt-to-EBITDA has ranged from 0.91 to 3.60 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 2.04, PTT Oil and Retail Business 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 Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.04, based on 706 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA of 0.86 is 57.7% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PTT Oil and Retail Business PCL. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — 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 Debt-to-EBITDA is 0.86, which is 59% below median its own 10-year median of 2.11. 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) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.91, compared to a current price of ฿12.80 — trading 8% below its estimated fair value. The current Debt-to-EBITDA is 0.86, which is 59% below median its 10-year median of 2.11 and 57.7% below the Oil & Gas industry median of 2.04. PTT Oil and Retail Business PCL's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For PTT Oil and Retail Business PCL (BKK:OR), the current Debt-to-EBITDA is 0.86 as of Mar. 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) Overvalued in 2026?

Based on GuruFocus' analysis, PTT Oil and Retail Business PCL stock appears to be undervalued. The current stock price of ฿12.80 is trading 8% below its estimated GF Value™ of ฿13.91. GuruFocus considers PTT Oil and Retail Business PCL to be Fairly Valued.

Key valuation signals for BKK:OR:

  • Debt-to-EBITDA: 0.86 (59% below median its 10-year median of 2.11)
  • GF Value™: ฿13.91 vs. price of ฿12.80 (8% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 57.7% below the Oil & Gas median (#195 of 706)

No single metric tells the full story. See the BKK:OR 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-F: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.
83GF Score

Get the complete analysis for BKK:OR

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿12.80
Price
฿13.91
GF Value