Chow Bright Ventures Holdings PCL (BKK:CHOW-R) Cyclically Adjusted Price-to-FCF: (As of Sep. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:CHOW-R Chow Bright Ventures Holdings PCL BKK:CHOW-R
47 GF Score
Price ฿1.32
GF Value ฿0.59
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Chow Bright Ventures Holdings PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chow Bright Ventures Holdings PCL  (BKK:CHOW-R) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Chow Bright Ventures Holdings PCL Cyclically Adjusted Price-to-FCF Related Terms


Chow Bright Ventures Holdings PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Chow Bright Ventures Holdings PCL's Cyclically Adjusted Price-to-FCF 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.

Chow Bright Ventures Holdings PCL Cyclically Adjusted Price-to-FCF Chart

Chow Bright Ventures Holdings PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Chow Bright Ventures Holdings PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Price-to-FCF 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 0.00 0.00 0.00 0.00 0.00

BKK:CHOW-R vs NUE, STLD, RS: Cyclically Adjusted Price-to-FCF Comparison

For the Steel subindustry, Chow Bright Ventures Holdings 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.


Chow Bright Ventures Holdings PCL Cyclically Adjusted Price-to-FCF vs Steel Industry

For the Steel industry and Basic Materials sector, Chow Bright Ventures Holdings PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chow Bright Ventures Holdings PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:CHOW-R
47GF Score
Chow Bright Ventures Holdings PCL BKK:CHOW-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chow Bright Ventures Holdings PCL Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Chow Bright Ventures Holdings PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chow Bright Ventures Holdings PCL's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.057/333.9520*333.9520
=0.057

Current CPI (Jun. 2026) = 333.9520.

Chow Bright Ventures Holdings PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.632 241.428 -0.874
201612 -1.198 241.432 -1.657
201703 0.013 243.801 0.018
201706 1.818 244.955 2.479
201709 -2.247 246.819 -3.040
201712 2.860 246.524 3.874
201803 -0.500 249.554 -0.669
201806 -0.874 251.989 -1.158
201809 -0.083 252.439 -0.110
201812 0.030 251.233 0.040
201903 0.028 254.202 0.037
201906 -0.013 256.143 -0.017
201909 0.141 256.759 0.183
201912 0.029 256.974 0.038
202003 0.091 258.115 0.118
202006 0.010 257.797 0.013
202009 0.132 260.280 0.169
202012 0.110 260.474 0.141
202103 0.149 264.877 0.188
202106 -0.003 271.696 -0.004
202109 0.052 274.310 0.063
202112 -0.066 278.802 -0.079
202203 -0.906 287.504 -1.052
202206 -0.727 296.311 -0.819
202209 0.077 296.808 0.087
202212 0.115 296.797 0.129
202303 -0.013 301.836 -0.014
202306 -0.048 305.109 -0.053
202309 0.011 307.789 0.012
202312 -0.141 306.746 -0.154
202403 0.212 312.332 0.227
202406 0.090 314.175 0.096
202409 0.163 315.301 0.173
202412 0.118 315.605 0.125
202503 0.003 319.799 0.003
202506 0.095 322.561 0.098
202509 0.119 324.800 0.122
202512 0.204 324.054 0.210
202603 0.239 330.213 0.242
202606 0.057 333.952 0.057

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

Is Chow Bright Ventures Holdings PCL (BKK:CHOW-R) Overvalued in 2026?

Based on GuruFocus' analysis, Chow Bright Ventures Holdings PCL stock appears to be overvalued. The current stock price of ฿1.32 is trading 123.7% above its estimated GF Value™ of ฿0.59. GuruFocus considers Chow Bright Ventures Holdings PCL to be Significantly Overvalued.

Key valuation signals for BKK:CHOW-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿0.59 vs. price of ฿1.32 (123.7% above fair value)
  • GF Score™: 47/100 with 6 warning signs

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


Chow Bright Ventures Holdings PCL Business Description

Other Exchanges CHOW:Thailand
Address 2525 FYI Center, Rama 4 Road, Tower 2, 10th Floor, Unit 2/1007-1008, Khlongtoei Sub-district, Khlongtoei District, Bangkok, THA, 10110
Chow Bright Ventures Holdings PCL is engaged in the business of manufacturing and distributing steel billets and renewable energy. The company operates in four segments: Original Equipment Manufacturer (OEM) business: This segment is responsible for the provision of services and manufacturing of steel in accordance with contracts with a domestic unrelated company; Trading of steel business: This segment is responsible for steel trading; Investment in the renewable power plant business: This segment is responsible for the distribution of electricity from renewable energy; Consultancy on investment related to the renewable energy business: This segment is responsible for the design, development, distribution and installation of systems for power generation.
47GF Score

Get the complete analysis for BKK:CHOW-R

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

฿1.32
Price
฿0.59
GF Value