Thai Future PCL (BKK:TFI-R) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 01, 2026) — 44% Below Median


BKK:TFI-R Thai Future Inc PCL BKK:TFI-R
12 GF Score
Price ฿0.10
GF Value ฿0.14
! 3 Warning Signs
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What is Thai Future PCL Cyclically Adjusted PB Ratio?

Thai Future PCL BKK:TFI-R 12 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 01, 2026, which is 44% below its 10-year median of 0.54. GuruFocus rates BKK:TFI-R with a GF Score™ of 12/100 and a GF Value™ of ฿0.14. The stock has 3 warning signs investors should review. Among 314 Packaging & Containers companies, Thai Future PCL ranks better than 84.08% on this metric.

As of today (2026-07-01), Thai Future PCL's current share price is ฿0.10. Thai Future PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.33. Thai Future PCL's Cyclically Adjusted PB Ratio for today is 0.30.

The historical rank and industry rank for Thai Future PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:TFI-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.54   Max: 1.53
Current: 0.4

During the past years, Thai Future PCL's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.03. And the median was 0.54.

BKK:TFI-R's Cyclically Adjusted PB Ratio is ranked better than
84.08% of 314 companies
in the Packaging & Containers industry
Industry Median: 1.185 vs BKK:TFI-R: 0.40

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Thai Future PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.100. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ฿0.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Future PCL  (BKK:TFI-R) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Thai Future PCL Cyclically Adjusted PB Ratio Related Terms


Thai Future PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thai Future PCL's Cyclically Adjusted PB 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.

Thai Future PCL Cyclically Adjusted PB Ratio Chart

Thai Future PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.86 0.53 0.51 0.39

Thai Future 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 PB 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 0.37 0.38 0.62 0.39 0.32

BKK:TFI-R vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Thai Future PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Future PCL Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Future PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thai Future PCL's Cyclically Adjusted PB Ratio falls into.


BKK:TFI-R
12GF Score
Thai Future Inc PCL BKK:TFI-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Future PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Thai Future PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.10/0.33
=0.30

* 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.

Thai Future PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Thai Future PCL's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.1/330.2130*330.2130
=0.100

Current CPI (Mar. 2026) = 330.2130.

Thai Future PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.151 241.018 0.207
201609 0.144 241.428 0.197
201612 0.130 241.432 0.178
201703 0.123 243.801 0.167
201706 0.111 244.955 0.150
201709 0.100 246.819 0.134
201712 0.000 246.524 0.000
201803 0.077 249.554 0.102
201806 0.072 251.989 0.094
201809 0.000 252.439 0.000
201812 0.058 251.233 0.076
201903 0.053 254.202 0.069
201906 0.046 256.143 0.059
201909 0.036 256.759 0.046
201912 0.021 256.974 0.027
202003 0.003 258.115 0.004
202006 -0.011 257.797 -0.014
202009 -0.024 260.280 -0.030
202012 0.180 260.474 0.228
202103 0.176 264.877 0.219
202106 0.169 271.696 0.205
202109 0.165 274.310 0.199
202112 0.161 278.802 0.191
202203 0.158 287.504 0.181
202206 0.154 296.311 0.172
202209 0.148 296.808 0.165
202212 0.142 296.797 0.158
202303 0.136 301.836 0.149
202306 0.131 305.109 0.142
202309 0.126 307.789 0.135
202312 0.120 306.746 0.129
202403 0.115 312.332 0.122
202406 0.128 314.175 0.135
202409 0.124 315.301 0.130
202412 0.119 315.605 0.125
202503 0.115 319.799 0.119
202506 0.112 322.561 0.115
202509 0.109 324.800 0.111
202512 0.105 324.054 0.107
202603 0.100 330.213 0.100

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 0.30 mean?
Thai Future PCL (BKK:TFI-R) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 01, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Thai Future PCL and its competitors. This is 44% below median its historical median of 0.54. Over the past decade, Thai Future PCL's Cyclically Adjusted PB Ratio has ranged from 0.03 to 1.53. According to the industry distribution chart, Thai Future PCL ranks #50 out of 314 companies in the Packaging & Containers industry, placing it in the top 15.9%.
Is Thai Future PCL's Cyclically Adjusted PB Ratio too high?
Thai Future PCL's current Cyclically Adjusted PB Ratio of 0.30 is 44% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.53. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.19. Thai Future PCL's value of 0.30 is 74.7% below this industry median. Based on the distribution chart, Thai Future PCL ranks #50 out of 314 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Future PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thai Future PCL's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Future PCL ranks #50 out of 314 companies for Cyclically Adjusted PB Ratio. This places Thai Future PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.19. Thai Future PCL's value of 0.30 is 74.7% below this benchmark. Historically, Thai Future PCL's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 1.53 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.19, Thai Future PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.19, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Future PCL's current Cyclically Adjusted PB Ratio of 0.30 is 74.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Thai Future PCL and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Future PCL's current Cyclically Adjusted PB Ratio is 0.30, which is 44% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Future PCL stock overvalued right now?
Thai Future PCL (BKK:TFI-R) has a current Cyclically Adjusted PB Ratio of 0.30. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.10 — trading 28.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 44% below median its 10-year median of 0.54 and 74.7% below the Packaging & Containers industry median of 1.19. Thai Future PCL's overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Thai Future PCL (BKK:TFI-R), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 01, 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 Thai Future PCL (BKK:TFI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Future PCL stock appears to be undervalued. The current stock price of ฿0.10 is trading 28.6% below its estimated GF Value™ of ฿0.14.

Key valuation signals for BKK:TFI-R:

  • Cyclically Adjusted PB Ratio: 0.30 (44% below median its 10-year median of 0.54)
  • GF Value™: ฿0.14 vs. price of ฿0.10 (28.6% below fair value)
  • GF Score™: 12/100 with 3 warning signs
  • Industry Position: 74.7% below the Packaging & Containers median (#50 of 314)

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


Thai Future PCL Business Description

Other Exchanges TFI:Thailand
Address 73/3 Moo 4, Bangna - Trad Road KM.13, Bangchalong, Bangplee, Sumutprakarn, THA, 10540
Thai Future Inc PCL is engaged in manufacturing of packaging film. The company's products include biaxially oriented polypropylene (BOPP) films, polyester film, cast polypropylene (CPP) films and metallized films to supply domestic and overseas export. The one main reportable operating segment of the company is engaged in mainly in manufacturing of packaging film and the several geographical regions area of their operations is Thailand, Asia, Europe, America and others.
12GF Score

Get the complete analysis for BKK:TFI-R

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

฿0.10
Price
฿0.14
GF Value