PEXNY (PTT Exploration & Production PCL) Sloan Ratio % : -1.32% (As of Sep. 2024)

PTT Exploration & Production PCL Sloan Ratio % Chart

PTT Exploration & Production PCL Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Sloan Ratio %		Get a 7-Day Free Trial					6.46	-4.51	6.61	-4.05	0.81

PTT Exploration & Production PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Sloan Ratio %	Get a 7-Day Free Trial															3.55	2.81	0.73	1.94	-1.32

Competitive Comparison of PTT Exploration & Production PCL's Sloan Ratio %

For the Oil & Gas E&P subindustry, PTT Exploration & Production PCL's Sloan Ratio %, along with its competitors' market caps and Sloan 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's Sloan Ratio % Distribution in the Oil & Gas Industry

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

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

PTT Exploration & Production PCL Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

PTT Exploration & Production PCL's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PTT Exploration & Production PCL's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

PTT Exploration & Production PCL's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 522.682 (Dec. 2023 ) + 519.682 (Mar. 2024 ) + 653.174 (Jun. 2024 ) + 537.216 (Sep. 2024 ) = $2,233 Mil.
PTT Exploration & Production PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 1431.883 (Dec. 2023 ) + 1727.428 (Mar. 2024 ) + 1171.034 (Jun. 2024 ) + 1751.201 (Sep. 2024 ) = $6,082 Mil.
PTT Exploration & Production PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -358.41 (Dec. 2023 ) + -495.758 (Mar. 2024 ) + -1831.681 (Jun. 2024 ) + -812.206 (Sep. 2024 ) = $-3,498 Mil.

* 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  (OTCPK:PEXNY) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Sep. 2024, PTT Exploration & Production PCL has a Sloan Ratio of -1.32%, indicating the company is in the safe zone and there is no funny business with accruals.

PTT Exploration & Production PCL Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of PTT Exploration & Production PCL's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

PTT Exploration & Production PCL Business Description