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Thai Cane Paper Public Company Limited (BKK:TCP) Shiller PE Ratio : (As of Jun. 05, 2024)


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What is Thai Cane Paper Public Company Limited Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Cane Paper Public Company Limited Shiller PE Ratio Historical Data

The historical data trend for Thai Cane Paper Public Company Limited's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Thai Cane Paper Public Company Limited Shiller PE Ratio Chart

Thai Cane Paper Public Company Limited Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Shiller PE Ratio
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Thai Cane Paper Public Company Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Thai Cane Paper Public Company Limited's Shiller PE Ratio

For the Paper & Paper Products subindustry, Thai Cane Paper Public Company Limited's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Cane Paper Public Company Limited's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Thai Cane Paper Public Company Limited's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thai Cane Paper Public Company Limited's Shiller PE Ratio falls into.



Thai Cane Paper Public Company Limited Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Thai Cane Paper Public Company Limited's E10 for the fiscal year that ended in Dec12 is calculated as:

For example, Thai Cane Paper Public Company Limited's adjusted earnings per share data for the fiscal year that ended in Dec12 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec12 (Change)*Current CPI (Dec12)
=1.37/96.8711*96.8711
=1.370

Current CPI (Dec12) = 96.8711.

Thai Cane Paper Public Company Limited Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200312 3.590 77.758 4.472
200412 0.720 80.290 0.869
200512 0.620 83.032 0.723
200612 0.050 85.142 0.057
200712 0.230 88.616 0.251
200812 -0.280 88.697 -0.306
200912 0.560 91.111 0.595
201012 0.830 92.474 0.869
201112 0.880 95.213 0.895
201212 1.370 96.871 1.370

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Thai Cane Paper Public Company Limited  (BKK:TCP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Thai Cane Paper Public Company Limited Shiller PE Ratio Related Terms

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Thai Cane Paper Public Company Limited (BKK:TCP) Business Description

Traded in Other Exchanges
N/A
Address
Thai Cane Paper Public Company Limited manufactures and sells kraft paper used in the manufacture of packaging, such as corrugated box, paper cement bags, envelopes and core paper in Thailand. The Company's products are categorized into two groups i.e. kraft liner board which is used in making packaging surfaces and kraft paper which is used for making corrugated medium. The Company offers numerous grade of products to meet the diverse market demand.

Thai Cane Paper Public Company Limited (BKK:TCP) Headlines

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