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PTT Exploration & Production PCL (BKK:PTTEP) Cyclically Adjusted PB Ratio : 1.27 (As of May. 14, 2024)


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What is PTT Exploration & Production PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-14), PTT Exploration & Production PCL's current share price is ฿154.50. PTT Exploration & Production PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿121.59. PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio for today is 1.27.

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

BKK:PTTEP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.32   Max: 1.81
Current: 1.26

During the past years, PTT Exploration & Production PCL's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.69. And the median was 1.32.

BKK:PTTEP's Cyclically Adjusted PB Ratio is ranked worse than
60.57% of 814 companies
in the Oil & Gas industry
Industry Median: 0.98 vs BKK:PTTEP: 1.26

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PTT Exploration & Production PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿138.965. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ฿121.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PTT Exploration & Production PCL's Cyclically Adjusted PB 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.

* Premium members only.

PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Chart

PTT Exploration & Production PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.02 1.11 1.52 1.23

PTT Exploration & Production PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 1.27 1.25 1.41 1.23 1.26

Competitive Comparison of PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio

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

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

* The bar in red indicates where PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio falls into.



PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=154.50/121.59
=1.27

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PTT Exploration & Production PCL's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=138.965/129.4194*129.4194
=138.965

Current CPI (Mar. 2024) = 129.4194.

PTT Exploration & Production PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 108.331 100.560 139.421
201409 108.597 100.428 139.947
201412 104.187 99.070 136.104
201503 103.270 99.621 134.160
201506 107.530 100.684 138.219
201509 102.636 100.392 132.313
201512 102.975 99.792 133.547
201603 100.180 100.470 129.045
201606 100.323 101.688 127.682
201609 99.806 101.861 126.808
201612 102.767 101.863 130.568
201703 99.370 102.862 125.026
201706 99.803 103.349 124.979
201709 94.384 104.136 117.300
201712 94.681 104.011 117.810
201803 93.847 105.290 115.355
201806 97.571 106.317 118.773
201809 96.135 106.507 116.816
201812 98.130 105.998 119.813
201903 96.118 107.251 115.986
201906 92.132 108.070 110.333
201909 92.166 108.329 110.109
201912 89.939 108.420 107.359
202003 95.151 108.902 113.078
202006 78.555 108.767 93.471
202009 93.310 109.815 109.968
202012 89.272 109.897 105.131
202103 95.918 111.754 111.080
202106 97.055 114.631 109.576
202109 103.122 115.734 115.316
202112 104.622 117.630 115.108
202203 104.022 121.301 110.984
202206 114.016 125.017 118.031
202209 124.712 125.227 128.888
202212 117.663 125.222 121.607
202303 120.967 127.348 122.935
202306 126.166 128.729 126.843
202309 129.739 129.860 129.299
202312 125.775 129.419 125.775
202403 138.965 129.419 138.965

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


PTT Exploration & Production PCL  (BKK:PTTEP) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PTT Exploration & Production PCL Cyclically Adjusted PB Ratio Related Terms

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


PTT Exploration & Production PCL (BKK:PTTEP) Business Description

Address
Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 6th and 19th –36th Floor, Chatuchak, Bangkok, THA, 10900
PTT Exploration & Production PCL operates oil and gas production, development, and exploration projects globally. Projects are composed of both onshore and offshore operations and are sometimes underpinned by partnerships with other producers. Traditionally, natural gas has been the leading revenue generator for the group, however, sales have also been generated from crude oil, liquefied petroleum gas, condensate and bitumen. Alongside exploration and production activities, the company also engages in technology services, property leasing, gas transmission, and other businesses through subsidiaries.

PTT Exploration & Production PCL (BKK:PTTEP) Headlines

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