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.
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.
PTT Oil and Retail Business PCLBKK:OR +0.77%83 Return-on-Tangible-Asset is 4.62% as of Mar. 2026, which is 15% below its 10-year median of 5.46. GuruFocus rates BKK:OR with a GF Score™ of 83/100 and a GF Value™ of ฿13.88 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,025 Oil & Gas companies, PTT Oil and Retail Business PCL ranks better than 66.15% on this metric.
The historical rank and industry rank for PTT Oil and Retail Business PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:OR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.17 Med: 5.46 Max: 7.66
Current: 4.69
During the past 8 years, PTT Oil and Retail Business PCL's highest Return-on-Tangible-Asset was 7.66%. The lowest was 2.17%. And the median was 5.46%.
BKK:OR's Return-on-Tangible-Asset is ranked better than 66.15% of 1025
companies
in the Oil & Gas industry
Industry Median: 2.09
vs BKK:OR: 4.69
PTT Oil and Retail Business PCL (BKK:OR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
PTT Oil and Retail Business PCL Return-on-Tangible-Asset Related Terms
PTT Oil and Retail Business PCL Return-on-Tangible-Asset Historical Data
* 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 Return-on-Tangible-Asset Chart
BKK:OR vs VLO, MPC, PSX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, PTT Oil and Retail Business PCL's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Oil and Retail Business PCL Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PTT Oil and Retail Business PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PTT Oil and Retail Business PCL's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.62% mean?
PTT Oil and Retail Business PCL (BKK:OR) has a Return-on-Tangible-Asset of 4.62% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PTT Oil and Retail Business PCL and its competitors. This is 15% below median its historical median of 5.46. Over the past decade, PTT Oil and Retail Business PCL's Return-on-Tangible-Asset has ranged from 2.17 to 7.66. According to the industry distribution chart, PTT Oil and Retail Business PCL ranks #347 out of 1025 companies in the Oil & Gas industry, placing it in the top 33.9%.
Is PTT Oil and Retail Business PCL's Return-on-Tangible-Asset too high?
PTT Oil and Retail Business PCL's current Return-on-Tangible-Asset of 4.62% is 15% below median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 7.66. The Oil & Gas industry median Return-on-Tangible-Asset is 2.09. PTT Oil and Retail Business PCL's value of 4.62% is 121.1% above this industry median. Based on the distribution chart, PTT Oil and Retail Business PCL ranks #347 out of 1025 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 Return-on-Tangible-Asset compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, PTT Oil and Retail Business PCL ranks #347 out of 1025 companies for Return-on-Tangible-Asset. This puts PTT Oil and Retail Business PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.09. PTT Oil and Retail Business PCL's value of 4.62% is 121.1% above this benchmark. Historically, PTT Oil and Retail Business PCL's own Return-on-Tangible-Asset has ranged from 2.17 to 7.66 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 2.09, PTT Oil and Retail Business 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.09, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset of 4.62% is 121.1% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PTT Oil and Retail Business PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.09 — 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 Return-on-Tangible-Asset is 4.62%, which is 15% below median its own 10-year median of 5.46. 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 ฿13.88, compared to a current price of ฿13.10 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.62%, which is 15% below median its 10-year median of 5.46 and 121.1% above the Oil & Gas industry median of 2.09. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For PTT Oil and Retail Business PCL (BKK:OR), the current Return-on-Tangible-Asset is 4.62% 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 ฿13.10 is trading 5.6% below its estimated GF Value™ of ฿13.88.
GuruFocus considers PTT Oil and Retail Business PCL to be Fairly Valued.
Key valuation signals for BKK:OR:
Return-on-Tangible-Asset: 4.62% (15% below median its 10-year median of 5.46)
GF Value™: ฿13.88 vs. price of ฿13.10 (5.6% below fair value)
Industry Position: 121.1% above the Oil & Gas median (#347 of 1025)
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
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
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:OR has been successfully added to your 
