PetroChina CoFRA:PC6 -1.19%44 Quick Ratio is 0.88 as of Mar. 2026, which is 38% above its 10-year median of 0.64. GuruFocus rates FRA:PC6 with a GF Score™ of 44/100 and a GF Value™ of €0.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,011 Oil & Gas companies, PetroChina Co ranks worse than 62.51% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. PetroChina Co's quick ratio for the quarter that ended in Mar. 2026 was 0.88.
PetroChina Co has a quick ratio of 0.88. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for PetroChina Co's Quick Ratio or its related term are showing as below:
FRA:PC6'
s Quick Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.64 Max: 0.88
Current: 0.88
During the past 13 years, PetroChina Co's highest Quick Ratio was 0.88. The lowest was 0.42. And the median was 0.64.
FRA:PC6's Quick Ratio is ranked worse than 62.51% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.12
vs FRA:PC6: 0.88
PetroChina Co (FRA:PC6) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
PetroChina Co Quick Ratio Related Terms
PetroChina Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for PetroChina Co's Quick 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.
For the Oil & Gas Integrated subindustry, PetroChina Co's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroChina Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where PetroChina Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
PetroChina Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:PC6) has a Quick Ratio of 0.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PetroChina Co and its competitors. This is 38% above median its historical median of 0.64. Over the past decade, PetroChina Co's Quick Ratio has ranged from 0.42 to 0.88. According to the industry distribution chart, PetroChina Co ranks #632 out of 1011 companies in the Oil & Gas industry, placing it in the top 62.5%.
Is PetroChina Co's Quick Ratio too high?
PetroChina Co's current Quick Ratio of 0.88 is 38% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.88. The Oil & Gas industry median Quick Ratio is 1.12. PetroChina Co's value of 0.88 is 21.4% below this industry median. Based on the distribution chart, PetroChina Co ranks #632 out of 1011 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PetroChina Co has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PetroChina Co's Quick Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, PetroChina Co ranks #632 out of 1011 companies for Quick Ratio. This places PetroChina Co in the lower half of its industry. The industry median Quick Ratio is 1.12. PetroChina Co's value of 0.88 is 21.4% below this benchmark. Historically, PetroChina Co's own Quick Ratio has ranged from 0.42 to 0.88 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.12, 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PetroChina Co's current Quick Ratio of 0.88 is 21.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PetroChina Co and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroChina Co's current Quick Ratio is 0.88, which is 38% above median its own 10-year median of 0.64. 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 Fairly Valued. The stock's GF Value™ is €0.94, compared to a current price of €0.98 — trading 4.3% above its estimated fair value. The current Quick Ratio is 0.88, which is 38% above median its 10-year median of 0.64 and 21.4% below the Oil & Gas industry median of 1.12. PetroChina Co's overall GF Score™ is 44/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For PetroChina Co (FRA:PC6), the current Quick Ratio is 0.88 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 €0.98 is trading 4.3% above its estimated GF Value™ of €0.94.
GuruFocus considers PetroChina Co to be Fairly Valued.
Key valuation signals for FRA:PC6:
Quick Ratio: 0.88 (38% above median its 10-year median of 0.64)
GF Value™: €0.94 vs. price of €0.98 (4.3% above fair value)
Industry Position: 21.4% below the Oil & Gas median (#632 of 1011)
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, 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%.
44GF Score
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