Ptt PCLPUTRF -17.06%80 Return-on-Tangible-Asset is 3.23% as of Mar. 2026, which is 16% below its 10-year median of 3.83. GuruFocus rates PUTRF with a GF Score™ of 80/100 and a GF Value™ of $0.74. The stock has 5 warning signs investors should review. Among 1,027 Oil & Gas companies, Ptt PCL ranks better than 55.21% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Ptt PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was $3,191 Mil. Ptt PCL's average total tangible assets for the quarter that ended in Mar. 2026 was $98,677 Mil. Therefore, Ptt PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.23%.
The historical rank and industry rank for Ptt PCL's Return-on-Tangible-Asset or its related term are showing as below:
PUTRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.62 Med: 3.83 Max: 6.3
Current: 2.99
During the past 13 years, Ptt PCL's highest Return-on-Tangible-Asset was 6.30%. The lowest was 1.62%. And the median was 3.83%.
PUTRF's Return-on-Tangible-Asset is ranked better than 55.21% of 1027
companies
in the Oil & Gas industry
Industry Median: 1.96
vs PUTRF: 2.99
Ptt PCL (OTCPK:PUTRF) 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 PCL Return-on-Tangible-Asset Related Terms
Ptt PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ptt PCL's Return-on-Tangible-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.
PUTRF vs XOM, CVX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Integrated subindustry, Ptt 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 PCL Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ptt PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ptt 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 3.23% mean?
Ptt PCL (PUTRF) has a Return-on-Tangible-Asset of 3.23% 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 PCL and its competitors. This is 16% below median its historical median of 3.83. Over the past decade, Ptt PCL's Return-on-Tangible-Asset has ranged from 1.62 to 6.30. According to the industry distribution chart, Ptt PCL ranks #460 out of 1027 companies in the Oil & Gas industry, placing it in the top 44.8%.
Is Ptt PCL's Return-on-Tangible-Asset too high?
Ptt PCL's current Return-on-Tangible-Asset of 3.23% is 16% below median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 6.30. The Oil & Gas industry median Return-on-Tangible-Asset is 1.96. Ptt PCL's value of 3.23% is 64.8% above this industry median. Based on the distribution chart, Ptt PCL ranks #460 out of 1027 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ptt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Ptt PCL's Return-on-Tangible-Asset compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ptt PCL ranks #460 out of 1027 companies for Return-on-Tangible-Asset. This puts Ptt PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.96. Ptt PCL's value of 3.23% is 64.8% above this benchmark. Historically, Ptt PCL's own Return-on-Tangible-Asset has ranged from 1.62 to 6.30 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 1.96, Ptt 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 1.96, based on 1,027 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 PCL's current Return-on-Tangible-Asset of 3.23% is 64.8% 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 PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ptt PCL's current Return-on-Tangible-Asset is 3.23%, which is 16% below median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ptt PCL stock overvalued right now?
Ptt PCL (PUTRF) has a current Return-on-Tangible-Asset of 3.23%. The stock's GF Value™ is $0.74, compared to a current price of $0.87 — trading 17.5% above its estimated fair value. The current Return-on-Tangible-Asset is 3.23%, which is 16% below median its 10-year median of 3.83 and 64.8% above the Oil & Gas industry median of 1.96. Ptt PCL's overall GF Score™ is 80/100 with 5 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 PCL (PUTRF), the current Return-on-Tangible-Asset is 3.23% 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 PCL (PUTRF) Overvalued in 2026?
Based on GuruFocus' analysis, Ptt PCL stock appears to be overvalued.
The current stock price of $0.87 is trading 17.5% above its estimated GF Value™ of $0.74.
Key valuation signals for PUTRF:
Return-on-Tangible-Asset: 3.23% (16% below median its 10-year median of 3.83)
GF Value™: $0.74 vs. price of $0.87 (17.5% above fair value)
Industry Position: 64.8% above the Oil & Gas median (#460 of 1027)
No single metric tells the full story. See the PUTRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. The Group is organized into business groups based on types of products and services. The segments of the Group are Upstream petroleum and Natural gas business group which is further divided into Petroleum exploration and production business and Natural gas business. Downstream petroleum business group is divided into Oil and retail business; International trading business and Petrochemical and Refining business. New business and sustainability group includes emphasis on decarbonization to achieve the Net Zero Emission.
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