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PTT Exploration & Production PCL (BKK:PTTEP) Cyclically Adjusted Price-to-FCF : 9.61 (As of May. 15, 2024)


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What is PTT Exploration & Production PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), PTT Exploration & Production PCL's current share price is ฿154.50. PTT Exploration & Production PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿16.07. PTT Exploration & Production PCL's Cyclically Adjusted Price-to-FCF for today is 9.61.

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

BKK:PTTEP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.7   Med: 10.49   Max: 20.45
Current: 9.55

During the past years, PTT Exploration & Production PCL's highest Cyclically Adjusted Price-to-FCF was 20.45. The lowest was 5.70. And the median was 10.49.

BKK:PTTEP's Cyclically Adjusted Price-to-FCF is ranked better than
66.16% of 396 companies
in the Oil & Gas industry
Industry Median: 14.1 vs BKK:PTTEP: 9.55

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

PTT Exploration & Production PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿10.105. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ฿16.07 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 Price-to-FCF Historical Data

The historical data trend for PTT Exploration & Production PCL's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

PTT Exploration & Production PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 8.27 8.74 11.60 9.41

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 Price-to-FCF 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 9.79 9.39 11.10 9.41 9.52

Competitive Comparison of PTT Exploration & Production PCL's Cyclically Adjusted Price-to-FCF

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

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

* The bar in red indicates where PTT Exploration & Production PCL's Cyclically Adjusted Price-to-FCF falls into.



PTT Exploration & Production PCL Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

PTT Exploration & Production PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=154.50/16.07
=9.61

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.105/129.4194*129.4194
=10.105

Current CPI (Mar. 2024) = 129.4194.

PTT Exploration & Production PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.082 100.560 -2.680
201409 6.229 100.428 8.027
201412 3.581 99.070 4.678
201503 4.194 99.621 5.448
201506 -3.059 100.684 -3.932
201509 2.960 100.392 3.816
201512 4.505 99.792 5.842
201603 4.049 100.470 5.216
201606 -0.166 101.688 -0.211
201609 3.968 101.861 5.042
201612 3.209 101.863 4.077
201703 3.717 102.862 4.677
201706 0.882 103.349 1.104
201709 2.757 104.136 3.426
201712 3.932 104.011 4.893
201803 5.635 105.290 6.926
201806 -0.793 106.317 -0.965
201809 6.039 106.507 7.338
201812 6.229 105.998 7.605
201903 4.651 107.251 5.612
201906 0.762 108.070 0.913
201909 5.853 108.329 6.992
201912 6.506 108.420 7.766
202003 5.399 108.902 6.416
202006 -0.907 108.767 -1.079
202009 4.773 109.815 5.625
202012 2.936 109.897 3.458
202103 3.055 111.754 3.538
202106 2.478 114.631 2.798
202109 4.414 115.734 4.936
202112 4.300 117.630 4.731
202203 6.972 121.301 7.439
202206 0.582 125.017 0.602
202209 0.507 125.227 0.524
202212 7.294 125.222 7.539
202303 6.948 127.348 7.061
202306 -2.077 128.729 -2.088
202309 0.292 129.860 0.291
202312 7.221 129.419 7.221
202403 10.105 129.419 10.105

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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 Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


PTT Exploration & Production PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of PTT Exploration & Production PCL's Cyclically Adjusted Price-to-FCF 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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