Ptt PCLPUTRY 69 ROC (Joel Greenblatt) % is 10.54% as of Mar. 2026, which is 24% below its 10-year median of 13.88. GuruFocus rates PUTRY with a GF Score™ of 69/100 and a GF Value™ of $4.67 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 999 Oil & Gas companies, Ptt PCL ranks better than 55.76% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Ptt PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.54%.
The historical rank and industry rank for Ptt PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
PUTRY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.33 Med: 13.88 Max: 19.59
Current: 10.31
During the past 13 years, Ptt PCL's highest ROC (Joel Greenblatt) % was 19.59%. The lowest was 6.33%. And the median was 13.88%.
PUTRY's ROC (Joel Greenblatt) % is ranked better than 55.76% of 999
companies
in the Oil & Gas industry
Industry Median: 8.41
vs PUTRY: 10.31
Ptt PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.40% per year.
Ptt PCL (OTCPK:PUTRY) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
The historical data trend for Ptt PCL's ROC (Joel Greenblatt) % 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.
PUTRY vs XOM, CVX: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Integrated subindustry, Ptt PCL's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ptt PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ptt PCL's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 10.54% mean?
Ptt PCL (PUTRY) has a ROC (Joel Greenblatt) % of 10.54% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ptt PCL and its competitors. This is 24% below median its historical median of 13.88. Over the past decade, Ptt PCL's ROC (Joel Greenblatt) % has ranged from 6.33 to 19.59. According to the industry distribution chart, Ptt PCL ranks #442 out of 999 companies in the Oil & Gas industry, placing it in the top 44.2%.
Is Ptt PCL's ROC (Joel Greenblatt) % too high?
Ptt PCL's current ROC (Joel Greenblatt) % of 10.54% is 24% below median its 10-year median of 13.88. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 19.59. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.41. Ptt PCL's value of 10.54% is 25.3% above this industry median. Based on the distribution chart, Ptt PCL ranks #442 out of 999 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ptt PCL has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ptt PCL's ROC (Joel Greenblatt) % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ptt PCL ranks #442 out of 999 companies for ROC (Joel Greenblatt) %. This puts Ptt PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.41. Ptt PCL's value of 10.54% is 25.3% above this benchmark. Historically, Ptt PCL's own ROC (Joel Greenblatt) % has ranged from 6.33 to 19.59 over the past decade. While the company's 10-year median is 13.88 vs. the industry median of 8.41, 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 ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.41, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ptt PCL's current ROC (Joel Greenblatt) % of 10.54% is 25.3% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ptt PCL and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ptt PCL's current ROC (Joel Greenblatt) % is 10.54%, which is 24% below median its own 10-year median of 13.88. 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?
Based on GuruFocus' analysis, Ptt PCL (PUTRY) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.67, compared to a current price of $5.17 — trading 10.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10.54%, which is 24% below median its 10-year median of 13.88 and 25.3% above the Oil & Gas industry median of 8.41. Ptt PCL's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Ptt PCL (PUTRY), the current ROC (Joel Greenblatt) % is 10.54% 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 (PUTRY) Overvalued in 2026?
Based on GuruFocus' analysis, Ptt PCL stock appears to be overvalued.
The current stock price of $5.17 is trading 10.7% above its estimated GF Value™ of $4.67.
GuruFocus considers Ptt PCL to be Modestly Overvalued.
Key valuation signals for PUTRY:
ROC (Joel Greenblatt) %: 10.54% (24% below median its 10-year median of 13.88)
GF Value™: $4.67 vs. price of $5.17 (10.7% above fair value)
Industry Position: 25.3% above the Oil & Gas median (#442 of 999)
No single metric tells the full story. See the PUTRY 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.
69GF Score
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