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Forth PCL (BKK:FORTH) Shiller PE Ratio : 28.31 (As of Apr. 29, 2024)


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What is Forth PCL Shiller PE Ratio?

As of today (2024-04-29), Forth PCL's current share price is ฿16.70. Forth PCL's E10 for the quarter that ended in Dec. 2023 was ฿0.59. Forth PCL's Shiller PE Ratio for today is 28.31.

The historical rank and industry rank for Forth PCL's Shiller PE Ratio or its related term are showing as below:

BKK:FORTH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.38   Med: 20.94   Max: 120.1
Current: 28.36

During the past years, Forth PCL's highest Shiller PE Ratio was 120.10. The lowest was 11.38. And the median was 20.94.

BKK:FORTH's Shiller PE Ratio is ranked worse than
57.98% of 1366 companies
in the Hardware industry
Industry Median: 23.385 vs BKK:FORTH: 28.36

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Forth PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was ฿0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forth PCL Shiller PE Ratio Historical Data

The historical data trend for Forth PCL'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.

* Premium members only.

Forth PCL Shiller PE Ratio Chart

Forth PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.85 15.75 47.58 59.31 39.06

Forth PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.31 56.61 45.78 48.94 39.06

Competitive Comparison of Forth PCL's Shiller PE Ratio

For the Electronic Components subindustry, Forth PCL'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.


Forth PCL's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forth PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Forth PCL's Shiller PE Ratio falls into.



Forth PCL 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.

Forth PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.70/0.59
=28.31

* 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.

Forth PCL's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Forth PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.02/129.4194*129.4194
=0.020

Current CPI (Dec. 2023) = 129.4194.

Forth PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.028 99.695 0.036
201406 0.019 100.560 0.024
201409 0.120 100.428 0.155
201412 0.178 99.070 0.233
201503 0.090 99.621 0.117
201506 0.130 100.684 0.167
201509 0.130 100.392 0.168
201512 0.129 99.792 0.167
201603 0.110 100.470 0.142
201606 0.090 101.688 0.115
201609 0.100 101.861 0.127
201612 0.078 101.863 0.099
201703 0.050 102.862 0.063
201706 0.120 103.349 0.150
201709 0.060 104.136 0.075
201712 0.050 104.011 0.062
201803 0.120 105.290 0.148
201806 0.180 106.317 0.219
201809 0.140 106.507 0.170
201812 0.108 105.998 0.132
201903 0.080 107.251 0.097
201906 0.070 108.070 0.084
201909 0.120 108.329 0.143
201912 0.072 108.420 0.086
202003 0.080 108.902 0.095
202006 0.050 108.767 0.059
202009 0.140 109.815 0.165
202012 0.200 109.897 0.236
202103 0.200 111.754 0.232
202106 0.220 114.631 0.248
202109 0.160 115.734 0.179
202112 0.199 117.630 0.219
202203 0.250 121.301 0.267
202206 0.160 125.017 0.166
202209 0.250 125.227 0.258
202212 0.167 125.222 0.173
202303 0.240 127.348 0.244
202306 0.220 128.729 0.221
202309 0.130 129.860 0.130
202312 0.020 129.419 0.020

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.


Forth PCL  (BKK:FORTH) 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.


Forth PCL Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Forth PCL's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Forth PCL (BKK:FORTH) Business Description

Traded in Other Exchanges
N/A
Address
1053/1, Phaholyothin Road, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.

Forth PCL (BKK:FORTH) Headlines

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