PTT Exploration & Production PCL (FRA:NVAL) Equity-to-Asset: 0.55 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NVAL PTT Exploration & Production PCL FRA:NVAL
85 GF Score
Price €3.88
GF Value €3.74
! 4 Warning Signs
View Full Analysis

What is PTT Exploration & Production PCL Equity-to-Asset?

PTT Exploration & Production PCL FRA:NVAL +0.52% 85 Equity-to-Asset is 0.55 as of Jun. 2026, which is 2% below its 10-year median of 0.56. GuruFocus rates FRA:NVAL with a GF Score™ of 85/100 and a GF Value™ of €3.74. The stock has 4 warning signs investors should review. Among 1,035 Oil & Gas companies, PTT Exploration & Production PCL ranks better than 58.74% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PTT Exploration & Production PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €14,975 Mil. PTT Exploration & Production PCL's Total Assets for the quarter that ended in Jun. 2026 was €27,199 Mil. Therefore, PTT Exploration & Production PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.55.

The historical rank and industry rank for PTT Exploration & Production PCL's Equity-to-Asset or its related term are showing as below:

FRA:NVAL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.56   Max: 0.63
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of PTT Exploration & Production PCL was 0.63. The lowest was 0.46. And the median was 0.56.

FRA:NVAL's Equity-to-Asset is ranked better than
58.74% of 1035 companies
in the Oil & Gas industry
Industry Median: 0.49 vs FRA:NVAL: 0.55

PTT Exploration & Production PCL  (FRA:NVAL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


PTT Exploration & Production PCL Equity-to-Asset Related Terms


PTT Exploration & Production PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for PTT Exploration & Production PCL's Equity-to-Asset 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 Equity-to-Asset Chart

PTT Exploration & Production PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.54 0.55 0.56 0.56

PTT Exploration & Production PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.56 0.55 0.56 0.54 0.55

FRA:NVAL vs COP, EOG, FANG: Equity-to-Asset Comparison

For the Oil & Gas E&P subindustry, PTT Exploration & Production PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PTT Exploration & Production PCL's Equity-to-Asset falls into.


FRA:NVAL
85GF Score
PTT Exploration & Production PCL FRA:NVAL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTT Exploration & Production PCL Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PTT Exploration & Production PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=14045.494/25259.918
=0.56

PTT Exploration & Production PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=14975.43/27198.54
=0.55

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.55 mean?
PTT Exploration & Production PCL (FRA:NVAL) has a Equity-to-Asset of 0.55 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PTT Exploration & Production PCL and its competitors. This is near median its historical median of 0.56. Over the past decade, PTT Exploration & Production PCL's Equity-to-Asset has ranged from 0.46 to 0.63. According to the industry distribution chart, PTT Exploration & Production PCL ranks #427 out of 1035 companies in the Oil & Gas industry, placing it in the top 41.3%.
Is PTT Exploration & Production PCL's Equity-to-Asset too high?
PTT Exploration & Production PCL's current Equity-to-Asset of 0.55 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.63. The Oil & Gas industry median Equity-to-Asset is 0.49. PTT Exploration & Production PCL's value of 0.55 is 12.2% above this industry median. Based on the distribution chart, PTT Exploration & Production PCL ranks #427 out of 1035 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PTT Exploration & Production PCL has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does PTT Exploration & Production PCL's Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PTT Exploration & Production PCL ranks #427 out of 1035 companies for Equity-to-Asset. This puts PTT Exploration & Production PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.49. PTT Exploration & Production PCL's value of 0.55 is 12.2% above this benchmark. Historically, PTT Exploration & Production PCL's own Equity-to-Asset has ranged from 0.46 to 0.63 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.49, 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PTT Exploration & Production PCL's current Equity-to-Asset of 0.55 is 12.2% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PTT Exploration & Production PCL and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTT Exploration & Production PCL's current Equity-to-Asset is 0.55, which is near median its own 10-year median of 0.56. 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 Equity-to-Asset of 0.55. The stock's GF Value™ is €3.74, compared to a current price of €3.88 — trading 3.7% above its estimated fair value. The current Equity-to-Asset is 0.55, which is near median its 10-year median of 0.56 and 12.2% above the Oil & Gas industry median of 0.49. PTT Exploration & Production PCL's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For PTT Exploration & Production PCL (FRA:NVAL), the current Equity-to-Asset is 0.55 as of Jun. 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 €3.88 is trading 3.7% above its estimated GF Value™ of €3.74.

Key valuation signals for FRA:NVAL:

  • Equity-to-Asset: 0.55 (near median its 10-year median of 0.56)
  • GF Value™: €3.74 vs. price of €3.88 (3.7% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 12.2% above the Oil & Gas median (#427 of 1035)

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

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 FRA:NVAL

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

€3.88
Price
€3.74
GF Value