PTT Oil Shares Outstanding vs. Cash Per Share
| OR Stock | THB 14.10 0.50 3.68% |
For PTT Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PTT Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PTT Oil and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PTT Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PTT Oil and over time as well as its relative position and ranking within its peers.
PTT |
PTT Oil Cash Per Share vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PTT Oil's current stock value. Our valuation model uses many indicators to compare PTT Oil value to that of its competitors to determine the firm's financial worth. PTT Oil and is considered to be number one stock in shares outstanding category among its peers. It also is considered to be number one stock in cash per share category among its peers . The ratio of Shares Outstanding to Cash Per Share for PTT Oil and is about 2,238,805,970 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PTT Oil's earnings, one of the primary drivers of an investment's value.PTT Cash Per Share vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
PTT Oil |
| = | 12 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
PTT Oil |
| = | 5.36 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
PTT Cash Per Share Comparison
PTT Oil is currently under evaluation in cash per share category among its peers.
PTT Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PTT Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PTT Oil will eventually generate negative long term returns. The profitability progress is the general direction of PTT Oil's change in net profit over the period of time. It can combine multiple indicators of PTT Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PTT Oil and Retail Business Public Company Limited, together with its subsidiaries, engages in the retail and commercial marketing of petroleum products and other services in Thailand and internationally. PTT Oil and Retail Business Public Company Limited is a subsidiary of PTT Public Company Limited. PTT OIL is traded on Stock Exchange of Thailand in Thailand.
PTT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PTT Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PTT Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PTT Oil's important profitability drivers and their relationship over time.
Use PTT Oil in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PTT Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PTT Oil will appreciate offsetting losses from the drop in the long position's value.PTT Oil Pair Trading
PTT Oil and Pair Trading Analysis
The ability to find closely correlated positions to PTT Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PTT Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PTT Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PTT Oil and to buy it.
The correlation of PTT Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PTT Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PTT Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PTT Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your PTT Oil position
In addition to having PTT Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in PTT Stock
To fully project PTT Oil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PTT Oil at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include PTT Oil's income statement, its balance sheet, and the statement of cash flows.