PetroChina CoFRA:PC6 -2.70%44 ROA % is 6.70% as of Mar. 2026, which is 128% above its 10-year median of 2.94. GuruFocus rates FRA:PC6 with a GF Score™ of 44/100 and a GF Value™ of €0.93 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,025 Oil & Gas companies, PetroChina Co ranks better than 72% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PetroChina Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €24,264 Mil.
PetroChina Co's average Total Assets over the quarter that ended in Mar. 2026 was €362,129 Mil. Therefore, PetroChina Co's annualized ROA % for the quarter that ended in Mar. 2026 was 6.70%.
The historical rank and industry rank for PetroChina Co's ROA % or its related term are showing as below:
FRA:PC6'
s ROA % Range Over the Past 10 Years
Min: 0.33 Med: 2.94 Max: 5.97
Current: 5.49
During the past 13 years, PetroChina Co's highest ROA % was 5.97%. The lowest was 0.33%. And the median was 2.94%.
FRA:PC6's ROA % is ranked better than 72% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs FRA:PC6: 5.49
PetroChina Co (FRA:PC6) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
PetroChina Co ROA % Related Terms
PetroChina Co ROA % Historical Data
* Premium members only.
The historical data trend for PetroChina Co's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroChina Co's ROA % distribution charts can be found below:
* The bar in red indicates where PetroChina Co's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
PetroChina Co (FRA:PC6) has a ROA % of 6.70% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PetroChina Co and its competitors. This is 128% above median its historical median of 2.94. Over the past decade, PetroChina Co's ROA % has ranged from 0.33 to 5.97. According to the industry distribution chart, PetroChina Co ranks #287 out of 1025 companies in the Oil & Gas industry, placing it in the top 28%.
Is PetroChina Co's ROA % too high?
PetroChina Co's current ROA % of 6.70% is 128% above median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 5.97. The Oil & Gas industry median ROA % is 1.89. PetroChina Co's value of 6.70% is 254.5% above this industry median. Based on the distribution chart, PetroChina Co ranks #287 out of 1025 companies in the Oil & Gas industry, which is above 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 ROA % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, PetroChina Co ranks #287 out of 1025 companies for ROA %. This puts PetroChina Co in the upper half of its industry. The industry median ROA % is 1.89. PetroChina Co's value of 6.70% is 254.5% above this benchmark. Historically, PetroChina Co's own ROA % has ranged from 0.33 to 5.97 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 1.89, PetroChina Co 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 ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PetroChina Co's current ROA % of 6.70% is 254.5% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PetroChina Co and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroChina Co's current ROA % is 6.70%, which is 128% above median its own 10-year median of 2.94. 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 €0.93, compared to a current price of €0.99 — trading 6.7% above its estimated fair value. The current ROA % is 6.70%, which is 128% above median its 10-year median of 2.94 and 254.5% above the Oil & Gas industry median of 1.89. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For PetroChina Co (FRA:PC6), the current ROA % is 6.70% 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 €0.99 is trading 6.7% above its estimated GF Value™ of €0.93.
GuruFocus considers PetroChina Co to be Fairly Valued.
Key valuation signals for FRA:PC6:
ROA %: 6.70% (128% above median its 10-year median of 2.94)
GF Value™: €0.93 vs. price of €0.99 (6.7% above fair value)
Industry Position: 254.5% above the Oil & Gas median (#287 of 1025)
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
Get the complete analysis for FRA:PC6
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:PC6 has been successfully added to your 
