PTT among top Asian companies to watch in 2024 according to Nikkei Asia - Thailand Business News
| OR Stock | THB 14.10 0.50 3.68% |
About 55% of PTT Oil's institutional investors are presently thinking to get in. The analysis of current outlook of investing in PTT Oil and suggests that some traders are interested regarding PTT Oil's prospects. PTT Oil's investing sentiment shows overall attitude of investors towards PTT Oil and.
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PTT among top Asian companies to watch in 2024 according to Nikkei Asia Thailand Business News
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PTT Oil Fundamental Analysis
We analyze PTT Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PTT Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PTT Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
PTT Oil is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
PTT Oil Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PTT Oil stock to make a market-neutral strategy. Peer analysis of PTT Oil could also be used in its relative valuation, which is a method of valuing PTT Oil by comparing valuation metrics with similar companies.
Peers
PTT Oil Related Equities
| KBANK | Kasikornbank Public | 0.33 | ||||
| PTT | PTT Public | 0.77 | ||||
| CPALL | CP ALL | 0.81 | ||||
| AOT | Airports | 0.82 | ||||
| GULF | Gulf Energy | 2.81 |
Other Information on Investing in PTT Stock
PTT Oil financial ratios help investors to determine whether PTT Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PTT with respect to the benefits of owning PTT Oil security.