PTT Exploration & Production PCL (FRA:NVAL) Shiller PE Ratio: 11.06 (As of Sep. 10, 2026) — 24% Below Median

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FRA:NVAL PTT Exploration & Production PCL FRA:NVAL
91 GF Score
Price €3.98
GF Value €3.67
! 4 Warning Signs
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What is PTT Exploration & Production PCL Shiller PE Ratio?

PTT Exploration & Production PCL FRA:NVAL +2.05% 91 Shiller PE Ratio is 11.06 as of Sep. 10, 2026, which is 24% below its 10-year median of 14.50. GuruFocus rates FRA:NVAL with a GF Score™ of 91/100 and a GF Value™ of €3.67. The stock has 4 warning signs investors should review. Among 436 Oil & Gas companies, PTT Exploration & Production PCL ranks better than 76.61% on this metric.

As of today (2026-09-10), PTT Exploration & Production PCL's current share price is €3.98. PTT Exploration & Production PCL's E10 for the quarter that ended in Jun. 2026 was €0.36. PTT Exploration & Production PCL's Shiller PE Ratio for today is 11.06.

The historical rank and industry rank for PTT Exploration & Production PCL's Shiller PE Ratio or its related term are showing as below:

FRA:NVAL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.11   Med: 14.5   Max: 23.3
Current: 10.62

During the past years, PTT Exploration & Production PCL's highest Shiller PE Ratio was 23.30. The lowest was 7.11. And the median was 14.50.

FRA:NVAL's Shiller PE Ratio is ranked better than
76.61% of 436 companies
in the Oil & Gas industry
Industry Median: 18.29 vs FRA:NVAL: 10.62

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PTT Exploration & Production PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.181. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTT Exploration & Production PCL  (FRA:NVAL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


PTT Exploration & Production PCL Shiller PE Ratio Related Terms


PTT Exploration & Production PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PTT Exploration & Production PCL's Shiller PE 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.

PTT Exploration & Production PCL Shiller PE Ratio Chart

PTT Exploration & Production PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.75 21.74 17.72 11.90 8.75

PTT Exploration & Production PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.27 9.16 8.75 12.18 9.55

FRA:NVAL vs COP, EOG, OXY: Shiller PE Ratio Comparison

For the Oil & Gas E&P subindustry, PTT Exploration & Production PCL's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


PTT Exploration & Production PCL Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PTT Exploration & Production PCL's Shiller PE Ratio falls into.


FRA:NVAL
91GF Score
PTT Exploration & Production PCL FRA:NVAL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTT Exploration & Production PCL Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PTT Exploration & Production PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.98/0.36
=11.06

* 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 Exploration & Production PCL's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, PTT Exploration & Production PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.181/333.9520*333.9520
=0.181

Current CPI (Jun. 2026) = 333.9520.

PTT Exploration & Production PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.034 241.428 0.047
201612 -0.010 241.432 -0.014
201703 0.081 243.801 0.111
201706 0.044 244.955 0.060
201709 -0.061 246.819 -0.083
201712 0.045 246.524 0.061
201803 0.084 249.554 0.112
201806 0.022 251.989 0.029
201809 0.066 252.439 0.087
201812 0.057 251.233 0.076
201903 0.084 254.202 0.110
201906 0.095 256.143 0.124
201909 0.079 256.759 0.103
201912 0.080 256.974 0.104
202003 0.060 258.115 0.078
202006 0.031 257.797 0.040
202009 0.048 260.280 0.062
202012 0.017 260.474 0.022
202103 0.079 264.877 0.100
202106 0.047 271.696 0.058
202109 0.061 274.310 0.074
202112 0.068 278.802 0.081
202203 0.072 287.504 0.084
202206 0.143 296.311 0.161
202209 0.166 296.808 0.187
202212 0.107 296.797 0.120
202303 0.132 301.836 0.146
202306 0.128 305.109 0.140
202309 0.119 307.789 0.129
202312 0.121 306.746 0.132
202403 0.121 312.332 0.129
202406 0.153 314.175 0.163
202409 0.122 315.301 0.129
202412 0.129 315.605 0.136
202503 0.114 319.799 0.119
202506 0.091 322.561 0.094
202509 0.085 324.800 0.087
202512 0.119 324.054 0.123
202603 0.080 330.213 0.081
202606 0.181 333.952 0.181

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 11.06 mean?
PTT Exploration & Production PCL (FRA:NVAL) has a Shiller PE Ratio of 11.06 as of Sep. 10, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PTT Exploration & Production PCL and its competitors. This is 24% below median its historical median of 14.50. Over the past decade, PTT Exploration & Production PCL's Shiller PE Ratio has ranged from 7.11 to 23.30. According to the industry distribution chart, PTT Exploration & Production PCL ranks #102 out of 436 companies in the Oil & Gas industry, placing it in the top 23.4%.
Is PTT Exploration & Production PCL's Shiller PE Ratio too high?
PTT Exploration & Production PCL's current Shiller PE Ratio of 11.06 is 24% below median its 10-year median of 14.50. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 23.30. The Oil & Gas industry median Shiller PE Ratio is 18.29. PTT Exploration & Production PCL's value of 11.06 is 39.5% below this industry median. Based on the distribution chart, PTT Exploration & Production PCL ranks #102 out of 436 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PTT Exploration & Production PCL has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does PTT Exploration & Production PCL's Shiller PE Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PTT Exploration & Production PCL ranks #102 out of 436 companies for Shiller PE Ratio. This places PTT Exploration & Production PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 18.29. PTT Exploration & Production PCL's value of 11.06 is 39.5% below this benchmark. Historically, PTT Exploration & Production PCL's own Shiller PE Ratio has ranged from 7.11 to 23.30 over the past decade. While the company's 10-year median is 14.50 vs. the industry median of 18.29, PTT Exploration & Production PCL 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 Shiller PE Ratio for an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 18.29, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PTT Exploration & Production PCL's current Shiller PE Ratio of 11.06 is 39.5% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PTT Exploration & Production PCL and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 18.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTT Exploration & Production PCL's current Shiller PE Ratio is 11.06, which is 24% below median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTT Exploration & Production PCL stock overvalued right now?
PTT Exploration & Production PCL (FRA:NVAL) has a current Shiller PE Ratio of 11.06. The stock's GF Value™ is €3.67, compared to a current price of €3.98 — trading 8.4% above its estimated fair value. The current Shiller PE Ratio is 11.06, which is 24% below median its 10-year median of 14.50 and 39.5% below the Oil & Gas industry median of 18.29. PTT Exploration & Production PCL's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For PTT Exploration & Production PCL (FRA:NVAL), the current Shiller PE Ratio is 11.06 as of Sep. 10, 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 Exploration & Production PCL (FRA:NVAL) Overvalued in 2026?

Based on GuruFocus' analysis, PTT Exploration & Production PCL stock appears to be overvalued. The current stock price of €3.98 is trading 8.4% above its estimated GF Value™ of €3.67.

Key valuation signals for FRA:NVAL:

  • Shiller PE Ratio: 11.06 (24% below median its 10-year median of 14.50)
  • GF Value™: €3.67 vs. price of €3.98 (8.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 39.5% below the Oil & Gas median (#102 of 436)

No single metric tells the full story. See the FRA:NVAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PTT Exploration & Production PCL Business Description

Industry EnergyOil & Gas
Address Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 19th-36th Floor, Chatuchak, Bangkok, THA, 10900
PTT Exploration & Production PCL is engaged in the exploration and production of petroleum in Thailand and overseas, and related businesses. Its segments include Exploration and production, which operates in oil and gas exploration and production both domestically and overseas, including overseas gas transportation pipeline, either as an operator or as a joint venture partner with international oil and gas companies. Its domestic projects are located in the Gulf of Thailand. Overseas projects are located in Southeast Asia, the Middle East, Africa, and other regions. Other businesses and corporate consist of investments in other businesses, such as new businesses for energy transition, related businesses, and corporate.
91GF Score

Get the complete analysis for FRA:NVAL

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.98
Price
€3.67
GF Value