PetroChina Company Limited

DB:PC6 Stock Report

Market Cap: €210.3b

PetroChina Valuation

Is PC6 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of PC6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PC6 (€0.98) is trading below our estimate of future cash flow value (€3.68)

Significantly Below Future Cash Flow Value: PC6 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PC6?

Key metric: As PC6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PC6. This is calculated by dividing PC6's market cap by their current earnings.
What is PC6's PE Ratio?
PE Ratio8.9x
EarningsCN¥158.20b
Market CapCN¥1.63t

Price to Earnings Ratio vs Peers

How does PC6's PE Ratio compare to its peers?

The above table shows the PE ratio for PC6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.9x
SHEL Shell
11.6x4.99%UK£162.3b
CVX Chevron
30.2x11.54%US$334.6b
TTE TotalEnergies
11.3x3.95%€149.1b
XOM ExxonMobil Holdings
22.3x10.36%US$568.2b
PC6 PetroChina
8.9x2.47%€1.9t

Price-To-Earnings vs Peers: PC6 is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (18.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does PC6's PE Ratio compare vs other companies in the European Oil and Gas Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PC6 8.9xIndustry Avg. 15.3xNo. of Companies13PE0816243240+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PC6 is good value based on its Price-To-Earnings Ratio (8.9x) compared to the European Oil and Gas industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is PC6's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PC6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.9x
Fair PE Ratio27.6x

Price-To-Earnings vs Fair Ratio: PC6 is good value based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (27.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PC6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.98
€1.36
+38.27%
21.73%€1.63€0.49n/a16
Jun ’27€1.18
€1.33
+12.01%
21.63%€1.59€0.49n/a16
May ’27€1.33
€1.29
-3.11%
22.39%€1.58€0.48n/a15
Apr ’27€1.14
€1.22
+6.45%
20.53%€1.57€0.49n/a17
Mar ’27€1.03
€1.05
+1.68%
16.25%€1.26€0.48n/a17
Feb ’27€1.00
€1.02
+1.76%
15.77%€1.23€0.47n/a17
Jan ’27€0.94
€1.01
+7.21%
15.80%€1.20€0.49n/a18
Dec ’26€0.98
€1.00
+2.08%
15.92%€1.20€0.49n/a17
Nov ’26€0.89
€0.95
+6.84%
15.45%€1.15€0.49n/a16
Oct ’26€0.76
€0.91
+20.30%
14.71%€1.12€0.48n/a16
Sep ’26€0.86
€0.91
+6.00%
15.61%€1.12€0.44n/a16
Aug ’26€0.82
€0.87
+6.00%
16.29%€1.12€0.44n/a16
Jul ’26€0.74
€0.84
+12.82%
15.23%€1.01€0.45€0.9616
Jun ’26€0.73
€0.87
+19.68%
17.46%€1.13€0.46€1.1817
May ’26€0.67
€0.87
+31.08%
17.10%€1.13€0.45€1.3317
Apr ’26€0.75
€0.92
+22.44%
16.24%€1.18€0.48€1.1417
Mar ’26€0.72
€0.97
+35.02%
17.78%€1.22€0.43€1.0317
Feb ’26€0.73
€0.97
+32.80%
17.86%€1.22€0.43€1.0017
Jan ’26€0.76
€0.98
+29.35%
17.22%€1.22€0.43€0.9417
Dec ’25€0.67
€0.97
+44.69%
16.86%€1.22€0.42€0.9818
Nov ’25€0.69
€0.95
+39.11%
16.90%€1.20€0.41€0.8918
Oct ’25€0.74
€0.94
+27.15%
18.58%€1.18€0.41€0.7617
Sep ’25€0.81
€0.96
+18.68%
18.32%€1.21€0.41€0.8616
Aug ’25€0.81
€0.96
+18.80%
19.64%€1.26€0.41€0.8216
Jul ’25€0.93
€0.96
+3.41%
18.95%€1.19€0.42€0.7416
€1.34
Fair Value
26.7% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 08:14
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PetroChina Company Limited is covered by 43 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott Lee DarlingBarclays
NEIL BEVERIDGEBernstein
Yanlin ZhaoBofA Global Research