PetroChina Co (FRA:PC6) Debt-to-EBITDA : 1.48 (As of Mar. 2026) — 19% Above Median

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FRA:PC6 PetroChina Co Ltd FRA:PC6
74 GF Score
Price €1.08
GF Value €0.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is PetroChina Co Debt-to-EBITDA?

PetroChina Co FRA:PC6 -1.64% 74 Debt-to-EBITDA is 1.48 as of Mar. 2026, which is 19% above its 10-year median of 1.24. GuruFocus rates FRA:PC6 with a GF Score™ of 74/100 and a GF Value™ of €0.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 705 Oil & Gas companies, PetroChina Co ranks better than 54.75% on this metric.

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

PetroChina Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €12,936 Mil. PetroChina Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €41,290 Mil. PetroChina Co's annualized EBITDA for the quarter that ended in Mar. 2026 was €36,742 Mil. PetroChina Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.48.

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 PetroChina Co's Debt-to-EBITDA or its related term are showing as below:

FRA:PC6' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.72   Med: 1.24   Max: 1.89
Current: 1.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of PetroChina Co was 1.89. The lowest was 0.72. And the median was 1.24.

FRA:PC6's Debt-to-EBITDA is ranked better than
54.75% of 705 companies
in the Oil & Gas industry
Industry Median: 2.01 vs FRA:PC6: 1.77

PetroChina Co  (FRA:PC6) 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.


PetroChina Co Debt-to-EBITDA Related Terms


PetroChina Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PetroChina Co'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.

PetroChina Co Debt-to-EBITDA Chart

PetroChina Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.01 0.85 0.72 0.74

PetroChina Co 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 1.27 1.59 1.39 1.81 1.48

FRA:PC6 vs XOM, CVX: Debt-to-EBITDA Comparison

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


PetroChina Co Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PetroChina Co's Debt-to-EBITDA falls into.


FRA:PC6
74GF Score
PetroChina Co Ltd FRA:PC6
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PetroChina Co Debt-to-EBITDA Calculation

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

PetroChina Co'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
=(8969.11 + 33926.712) / 57899.75
=0.74

PetroChina Co'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
=(12936.156 + 41290.475) / 36742.136
=1.48

* 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 1.48 mean?
PetroChina Co (FRA:PC6) has a Debt-to-EBITDA of 1.48 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 PetroChina Co. This is 19% above median its historical median of 1.24. Over the past decade, PetroChina Co's Debt-to-EBITDA has ranged from 0.72 to 1.89. According to the industry distribution chart, PetroChina Co ranks #319 out of 705 companies in the Oil & Gas industry, placing it in the top 45.2%.
Is PetroChina Co's Debt-to-EBITDA too high?
PetroChina Co's current Debt-to-EBITDA of 1.48 is 19% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.89. The Oil & Gas industry median Debt-to-EBITDA is 2.01. PetroChina Co's value of 1.48 is 26.4% below this industry median. Based on the distribution chart, PetroChina Co ranks #319 out of 705 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PetroChina Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PetroChina Co's Debt-to-EBITDA compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, PetroChina Co ranks #319 out of 705 companies for Debt-to-EBITDA. This puts PetroChina Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. PetroChina Co's value of 1.48 is 26.4% below this benchmark. Historically, PetroChina Co's own Debt-to-EBITDA has ranged from 0.72 to 1.89 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 2.01, 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 Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 705 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. PetroChina Co's current Debt-to-EBITDA of 1.48 is 26.4% 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 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 PetroChina Co. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroChina Co's current Debt-to-EBITDA is 1.48, which is 19% above median its own 10-year median of 1.24. 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 €0.85, compared to a current price of €1.08 — trading 27.4% above its estimated fair value. The current Debt-to-EBITDA is 1.48, which is 19% above median its 10-year median of 1.24 and 26.4% below the Oil & Gas industry median of 2.01. PetroChina Co's overall GF Score™ is 74/100 with 3 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 PetroChina Co (FRA:PC6), the current Debt-to-EBITDA is 1.48 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 PetroChina Co (FRA:PC6) Overvalued in 2026?

Based on GuruFocus' analysis, PetroChina Co stock appears to be overvalued. The current stock price of €1.08 is trading 27.4% above its estimated GF Value™ of €0.85. GuruFocus considers PetroChina Co to be Modestly Overvalued.

Key valuation signals for FRA:PC6:

  • Debt-to-EBITDA: 1.48 (19% above median its 10-year median of 1.24)
  • GF Value™: €0.85 vs. price of €1.08 (27.4% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 26.4% below the Oil & Gas median (#319 of 705)

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%.
74GF Score

Get the complete analysis for FRA:PC6

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

€1.08
Price
€0.85
GF Value