IRPC PCL (BKK:IRPC) Cyclically Adjusted FCF per Share: ฿0.36 (As of Mar. 2026)

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BKK:IRPC IRPC PCL BKK:IRPC
61 GF Score
Price ฿2.00
GF Value ฿1.45
Valuation Significantly Overvalued
! 4 Warning Signs
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What is IRPC PCL Cyclically Adjusted FCF per Share?

IRPC PCL BKK:IRPC +2.56% 61 Cyclically Adjusted FCF per Share is ฿0.36 as of Mar. 2026. GuruFocus rates BKK:IRPC with a GF Score™ of 61/100 and a GF Value™ of ฿1.45 (Significantly Overvalued). The stock has 4 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

IRPC PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.368. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ฿0.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IRPC PCL's average Cyclically Adjusted FCF Growth Rate was 56.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 45.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of IRPC PCL was 45.80% per year. The lowest was 6.30% per year. And the median was 29.40% per year.

As of today (2026-07-16), IRPC PCL's current stock price is ฿2.00. IRPC PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿0.36. IRPC PCL's Cyclically Adjusted Price-to-FCF of today is 5.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IRPC PCL was 580.00. The lowest was 3.17. And the median was 27.82.


IRPC PCL  (BKK:IRPC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

IRPC PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.00/0.36
=5.56

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IRPC PCL was 580.00. The lowest was 3.17. And the median was 27.82.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


IRPC PCL Cyclically Adjusted FCF per Share Related Terms


IRPC PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for IRPC PCL's Cyclically Adjusted FCF per Share 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.

IRPC PCL Cyclically Adjusted FCF per Share Chart

IRPC PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.10 0.12 0.26 0.31

IRPC PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.23 0.21 0.27 0.31 0.36

BKK:IRPC vs VLO, MPC, PSX: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, IRPC PCL's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


IRPC PCL Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, IRPC PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where IRPC PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:IRPC
61GF Score
IRPC PCL BKK:IRPC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRPC PCL Cyclically Adjusted FCF per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

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.

For example, IRPC PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.368/330.2130*330.2130
=0.368

Current CPI (Mar. 2026) = 330.2130.

IRPC PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.014 241.018 -0.019
201609 -0.279 241.428 -0.382
201612 0.164 241.432 0.224
201703 -0.344 243.801 -0.466
201706 0.283 244.955 0.381
201709 0.282 246.819 0.377
201712 0.204 246.524 0.273
201803 0.296 249.554 0.392
201806 0.136 251.989 0.178
201809 -0.241 252.439 -0.315
201812 0.365 251.233 0.480
201903 -0.179 254.202 -0.233
201906 0.204 256.143 0.263
201909 -0.188 256.759 -0.242
201912 0.155 256.974 0.199
202003 0.200 258.115 0.256
202006 -0.374 257.797 -0.479
202009 0.507 260.280 0.643
202012 0.062 260.474 0.079
202103 -0.277 264.877 -0.345
202106 0.453 271.696 0.551
202109 0.164 274.310 0.197
202112 0.067 278.802 0.079
202203 0.286 287.504 0.328
202206 -0.339 296.311 -0.378
202209 -0.329 296.808 -0.366
202212 -0.224 296.797 -0.249
202303 0.084 301.836 0.092
202306 -0.081 305.109 -0.088
202309 0.107 307.789 0.115
202312 0.211 306.746 0.227
202403 -0.236 312.332 -0.250
202406 -0.146 314.175 -0.153
202409 -0.026 315.301 -0.027
202412 0.658 315.605 0.688
202503 -0.134 319.799 -0.138
202506 0.052 322.561 0.053
202509 0.561 324.800 0.570
202512 0.676 324.054 0.689
202603 0.368 330.213 0.368

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ฿0.36 mean?
IRPC PCL (BKK:IRPC) has a Cyclically Adjusted FCF per Share of ฿0.36 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on IRPC PCL and its competitors.
Is IRPC PCL's Cyclically Adjusted FCF per Share too high?
IRPC PCL's current Cyclically Adjusted FCF per Share is ฿0.36. Overall, IRPC PCL has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IRPC PCL's Cyclically Adjusted FCF per Share compare to VLO and MPC?
IRPC PCL's Cyclically Adjusted FCF per Share of ฿0.36 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on IRPC PCL and its competitors. IRPC PCL's current Cyclically Adjusted FCF per Share is ฿0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRPC PCL stock overvalued right now?
Based on GuruFocus' analysis, IRPC PCL (BKK:IRPC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.45, compared to a current price of ฿2.00 — trading 37.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.36. IRPC PCL's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For IRPC PCL (BKK:IRPC), the current Cyclically Adjusted FCF per Share is ฿0.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IRPC PCL (BKK:IRPC) Overvalued in 2026?

Based on GuruFocus' analysis, IRPC PCL stock appears to be overvalued. The current stock price of ฿2.00 is trading 37.9% above its estimated GF Value™ of ฿1.45. GuruFocus considers IRPC PCL to be Significantly Overvalued.

Key valuation signals for BKK:IRPC:

  • Cyclically Adjusted FCF per Share: ฿0.36
  • GF Value™: ฿1.45 vs. price of ฿2.00 (37.9% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the BKK:IRPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRPC PCL Business Description

Industry EnergyOil & Gas
Address Vibhavadi Rangsit Road, No. 555/2, Energy Complex, Building B, 6th Floor, Chatuchak, Bangkok, THA, 10900
IRPC PCL is a Thailand-based company. The Company is principally engaged in the petroleum and petrochemical business, with its products being refinery, lubricant, olefins, aromatics, plastic resins, and other petrochemical products. The company operates in three reportable segments: the Petroleum products segment, which produces and sells refinery, lubricant, and asphalt; the petrochemical products segment, which produces and sells olefins, aromatics, and related products, including special products; and Other business segments, includes divisions related to the Power plant, jetty, and other utilities. The majority of its revenue is derived from the Petroleum products segment. The Company operates its sales in Thailand, Singapore, and Others.
61GF Score

Get the complete analysis for BKK:IRPC

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.00
Price
฿1.45
GF Value