Latest Ratios: P/E Ratio -18.7x · EV/EBITDA N/A · ROE -17.2%. (2022–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Market Cap | $3M | $3M | $117M | — | — |
| Enterprise Value | $3M | $3M | $113M | — | — |
| P/E Ratio → | -18.65 | — | — | — | — |
| P/S Ratio | 0.34 | 0.37 | 1.20 | — | — |
| P/B Ratio | 2.48 | 2.95 | 191.18 | — | — |
| P/FCF | — | — | — | — | — |
| P/OCF | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| EV / Revenue | — | 0.35 | 1.15 | — | — |
| EV / EBITDA | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — |
| EV / FCF | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Gross Margin | 1.3% | 1.3% | 0.3% | 1.9% | 1.5% |
| Operating Margin | -0.6% | -0.6% | -0.6% | 1.1% | 0.5% |
| Net Profit Margin | -1.6% | -1.6% | -0.6% | 0.9% | 0.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | -17.2% | -17.2% | -64.9% | 106.1% | 94.5% |
| ROA | -2.1% | -2.1% | -5.4% | 9.1% | 4.1% |
| ROIC | — | — | — | 309.5% | 85.5% |
| ROCE | -6.5% | -6.5% | -62.0% | 123.3% | 88.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.07 | — | — |
| Debt / EBITDA | — | — | — | — | — |
| Net Debt / Equity | — | -0.12 | -7.74 | -0.85 | -0.22 |
| Net Debt / EBITDA | — | — | — | -1.05 | -0.25 |
| Debt / FCF | — | — | — | -1.05 | — |
| Interest Coverage | — | — | — | — | — |
Net cash position: cash ($139581) exceeds total debt ($94)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 2.60 | 2.60 | 1.05 | 1.13 | 1.04 |
| Quick Ratio | 2.60 | 2.60 | 1.05 | 1.13 | 1.04 |
| Cash Ratio | 0.33 | 0.33 | 0.40 | 0.12 | 0.01 |
| Asset Turnover | — | 5.86 | 7.80 | 9.25 | 7.76 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | 34.45 | 28.76 | 28.74 | 45.49 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $421251 | $140578 | $140578 | $156250 |
Insufficient Liquidity and Margins
As reported in recent financial filings, PTLE trades at a P/S multiple of 0.37, which reflects the market's skepticism regarding the firm's ability to stabilize its top-line revenue following a 90.64% year-over-year decline and the transition to a loss-making operational profile.
The negative P/E of -20.31 suggests that investors are currently pricing the company based on its liquidation value rather than its earnings potential. This valuation discount appears appropriate given the lack of a clear path to profitability and the significant contraction in the firm's asset base over the last year.
Based on the company's reported figures, PTLE maintains a structural gross margin of only 1.3%, which is insufficient to cover administrative overhead, resulting in a negative net margin of 8.5% as of 2025Q4 and indicating a lack of pricing power.
The inability to generate positive operating margins suggests that the firm's current business model is fundamentally unscalable without a significant increase in volume or a shift toward higher-margin services. Investors should monitor whether the firm can achieve any operating leverage, as current trends indicate that fixed costs are disproportionately eroding the thin spreads earned on fuel trades.
According to the latest financial data, PTLE's asset turnover has fluctuated significantly, reaching 2.26 in 2025Q4, which, when combined with a DSO of 25 days, suggests that the firm is struggling to optimize its trade credit cycle effectively.
The volatility in asset turnover indicates that the company's capital is not being deployed efficiently to generate revenue, likely due to the intermittent nature of its bunkering contracts. The reliance on trade credit as a primary service offering appears to be creating a drag on liquidity, as the firm must manage the timing mismatch between fuel procurement and customer collections.
As reported in recent financial statements, PTLE's cash position has dwindled to $139,581, a level that appears precarious given the firm's ongoing negative free cash flow and the inherent volatility of the Asia Pacific bunkering market.
While the current ratio of 2.60 might suggest adequate liquidity on the surface, the lack of cash reserves leaves the company highly vulnerable to any unexpected spike in fuel prices or a delay in customer payments. This liquidity profile warrants further investigation into the firm's ability to meet its short-term obligations without requiring external capital injections.
Based on an analysis of the business model, the market's reliance on traditional energy sector P/E multiples is fundamentally flawed, as it obscures the firm's true nature as a high-risk trade credit provider rather than a physical energy producer.
Investors should instead focus on metrics related to credit quality and the cost of capital, such as the provision for bad debts and the interest coverage ratio, to better assess the firm's risk profile. Applying standard energy valuation frameworks ignores the fact that PTLE's primary risk is counterparty default rather than commodity price volatility.
Includes 30+ ratios · 4 years · Updated daily
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Quick answers to the most common questions about buying PTLE stock.
PTL Limited's current P/E ratio is -18.7x. This places it at the 50th percentile of its historical range.
PTL Limited's return on equity (ROE) is -17.2%. The historical average is 29.6%.
Based on historical data, PTL Limited is trading at a P/E of -18.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
PTL Limited has 1.3% gross margin and -0.6% operating margin.