PetroChina Co Ltd Class A (601857) Fair Value & Analysis
Energy · CN · Market cap 1.9T CNY (≈ $281B) · ISIN CNE1000007Q1
What is PetroChina Co Ltd Class A really worth?
A solid business, trading 28% below our fair value of ¥15.47.
Strengths
Risks
For context
Fair value as of: Aug 30, 2026
From 26 valuation models · updated 6 days ago
Share price +5.1% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
- The price sits in the lower half of our model range, the side with the larger margin of safety.
- The data supports the verdict: every model runs on fully documented inputs.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.
How to read this chart
60‑month range ¥3.66 – ¥13.24 · fair‑value band ¥10.76 – ¥19.34 · the ¥11.17 price screens below the ¥15.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 30, 2026.
Analysis
PetroChina Co Ltd Class A (601857) currently trades at ¥11.17, while our model-based Fair Value estimate is ¥15.47, implying the stock looks roughly 27.8% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Energy sector. Bull case: the Multiples group reads highest at a median of ¥16.51 per share, and 21 of the 26 models we run sit above the ¥11.17 price. Bear case: the Asset-Based group reads lowest at ¥6.56, and 5 of the 26 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, PetroChina Co Ltd Class A generated revenue of 2.8T CNY at a net margin of 5.6%. Revenue declined 2.2% year over year. It earns a return on equity of 9.6%. Net debt stands at 154B CNY. Fundamentals as of Aug 30, 2026
Our scenario range runs from ¥10.76 (bear case) to ¥19.34 (bull case); at ¥11.17, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at −28% fair-value upside, at 39%, 601857 screens cheaper than that median.
Fair Value models
This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.2650 per share, which is 1.7 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 26 models by family
Widest divergence: Multiples (¥16.51) versus Asset-Based (¥6.56). Highest evidence: FCF DCF (79).
Notify me when 601857 reaches fair value
Put 601857 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 59
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through the Oil and Gas and New Energy; Refining, Chemicals and New Materials; Sales; and Natural Gas Sales Segments.
Full company description
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through the Oil and Gas and New Energy; Refining, Chemicals and New Materials; Sales; and Natural Gas Sales Segments. The Oil, Gas and New Energy Resource segment engages in the exploration, development, transportation, production, and marketing of crude oil and natural gas, as well as is involved in the new energy resource business. The Refining, Chemicals and New Materials segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative chemical products, and other chemical products; as well as engages in new materials business. The Sales segment is involved in the marketing of refined and non-oil products, and trading business. The Natural Gas Sales segment engages in the transmission and sale of natural gas. It is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; investment in refining; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; chemical technology development; and provision of technology transfer and technical services. The company was incorporated in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited operates as a subsidiary of China National Petroleum Corporation.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
PetroChina Co Ltd Class A reported revenue of 2.9T CNY in FY2025 versus 2.6T CNY in FY2021, a compound +2.3%/yr. Reported net income was 157B CNY in FY2025, compounding +14.3%/yr from FY2021.
of which total revenue +4.3 % · buybacks/dilution +0.0 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
Watch 601857: get an alert when its fair value changes →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- PetroChina First-Half Profit Jumps 22% to Record High
- PetroChina Achieves a Strong Start for "the 15th Five-Year Plan" Interim Operating Results for the First Half of 2026 Hit New Record Highs
- PetroChina (SEHK:857) Stock Trades Below Fair Value After A Very Large Run
- Why PetroChina (SEHK:857) Is Back In The Spotlight
Peer Group
Oil & Gas Integrated · 53 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Oil & Gas Integrated median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Oil & Gas Integrated stocks, each showing price versus our Fair Value estimate (as of Aug 30, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Exxon Mobil Corporation XOM | $156.44 | $88.98 | −43% |
| Chevron Corporation CVX | $201.86 | $90.66 | −55% |
| Shell plc SHELL | €40.28 | €39.46 | −2% |
| TotalEnergies SE TOTB | €75.55 | €69.02 | −9% |
| Petróleo Brasileiro S.A XPBRA | €7.11 | €2.03 | −71% |
| China Petroleum & Chemical Corporation 600028 | ¥5.52 | ¥4.59 | −17% |
| Equinor ASA EQNR | kr 395.90 | kr 338.01 | −15% |
| Suncor Energy Inc SU | C$94.21 | C$59.11 | −37% |
| Eni S.p.A E | $55.12 | $32.53 | −41% |
| Imperial Oil Limited IMO | $130.51 | $94.61 | −28% |
Compare PetroChina Co Ltd Class A with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Energy stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is PetroChina Co Ltd Class A (601857) overvalued or undervalued?
What is the fair value of 601857?
What is the quality score of 601857?
What is the revenue of PetroChina Co Ltd Class A (601857)?
What is the net profit margin of 601857?
Does PetroChina Co Ltd Class A pay a dividend?
Watch PetroChina Co Ltd Class A in the live analysis
One click puts PetroChina Co Ltd Class A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.