Central Pattana PCL (BKK:CPN-R) Cyclically Adjusted Price-to-FCF: 13.41 (As of Sep. 09, 2026) — 22% Below Median

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BKK:CPN-R Central Pattana PCL BKK:CPN-R
91 GF Score
Price ฿64.25
GF Value ฿62.26
Valuation Fairly Valued
! 6 Warning Signs
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What is Central Pattana PCL Cyclically Adjusted Price-to-FCF?

Central Pattana PCL BKK:CPN-R 91 Cyclically Adjusted Price-to-FCF is 13.41 as of Sep. 09, 2026, which is 22% below its 10-year median of 17.19. GuruFocus rates BKK:CPN-R with a GF Score™ of 91/100 and a GF Value™ of ฿62.26 (Fairly Valued). The stock has 6 warning signs investors should review. Among 743 Real Estate companies, Central Pattana PCL ranks worse than 52.22% on this metric.

As of today (2026-09-09), Central Pattana PCL's current share price is ฿64.25. Central Pattana PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿4.79. Central Pattana PCL's Cyclically Adjusted Price-to-FCF for today is 13.41.

The historical rank and industry rank for Central Pattana PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:CPN-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.03   Med: 17.19   Max: 42.2
Current: 12.84

During the past years, Central Pattana PCL's highest Cyclically Adjusted Price-to-FCF was 42.20. The lowest was 10.03. And the median was 17.19.

BKK:CPN-R's Cyclically Adjusted Price-to-FCF is ranked worse than
52.22% of 743 companies
in the Real Estate industry
Industry Median: 12.08 vs BKK:CPN-R: 12.84

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.

Central Pattana PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿1.407. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ฿4.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Pattana PCL  (BKK:CPN-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.


Central Pattana PCL Cyclically Adjusted Price-to-FCF Related Terms


Central Pattana PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Central Pattana 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.

Central Pattana PCL Cyclically Adjusted Price-to-FCF Chart

Central Pattana 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 16.97 19.50 17.83 13.48 11.58

Central Pattana 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 10.50 11.85 11.58 12.67 13.28

Central Pattana PCL Cyclically Adjusted Price-to-FCF Competitor Comparison

For the Real Estate - Diversified subindustry, Central Pattana 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.


Central Pattana PCL Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central Pattana PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:CPN-R
91GF Score
Central Pattana PCL BKK:CPN-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Pattana 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.

Central Pattana PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.25/4.79
=13.41

* 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.

Central Pattana PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Central Pattana 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)
=1.407/333.9520*333.9520
=1.407

Current CPI (Jun. 2026) = 333.9520.

Central Pattana PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.727 241.428 1.006
201612 1.104 241.432 1.527
201703 0.991 243.801 1.357
201706 0.072 244.955 0.098
201709 1.004 246.819 1.358
201712 3.423 246.524 4.637
201803 0.699 249.554 0.935
201806 0.388 251.989 0.514
201809 0.840 252.439 1.111
201812 0.954 251.233 1.268
201903 0.373 254.202 0.490
201906 0.671 256.143 0.875
201909 0.466 256.759 0.606
201912 1.518 256.974 1.973
202003 0.780 258.115 1.009
202006 -0.272 257.797 -0.352
202009 0.347 260.280 0.445
202012 0.784 260.474 1.005
202103 0.539 264.877 0.680
202106 0.239 271.696 0.294
202109 0.074 274.310 0.090
202112 0.775 278.802 0.928
202203 0.910 287.504 1.057
202206 0.917 296.311 1.033
202209 0.753 296.808 0.847
202212 0.822 296.797 0.925
202303 0.990 301.836 1.095
202306 1.043 305.109 1.142
202309 1.208 307.789 1.311
202312 1.191 306.746 1.297
202403 1.421 312.332 1.519
202406 4.285 314.175 4.555
202409 1.003 315.301 1.062
202412 1.151 315.605 1.218
202503 1.209 319.799 1.263
202506 1.209 322.561 1.252
202509 3.864 324.800 3.973
202512 1.938 324.054 1.997
202603 1.607 330.213 1.625
202606 1.407 333.952 1.407

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.

What does a Cyclically Adjusted Price-to-FCF of 13.41 mean?
Central Pattana PCL (BKK:CPN-R) has a Cyclically Adjusted Price-to-FCF of 13.41 as of Sep. 09, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Central Pattana PCL and its competitors. This is 22% below median its historical median of 17.19. Over the past decade, Central Pattana PCL's Cyclically Adjusted Price-to-FCF has ranged from 10.03 to 42.20. According to the industry distribution chart, Central Pattana PCL ranks #388 out of 743 companies in the Real Estate industry, placing it in the top 52.2%.
Is Central Pattana PCL's Cyclically Adjusted Price-to-FCF too high?
Central Pattana PCL's current Cyclically Adjusted Price-to-FCF of 13.41 is 22% below median its 10-year median of 17.19. Over the past 10 years, this metric has ranged from a low of 10.03 to a high of 42.20. The Real Estate industry median Cyclically Adjusted Price-to-FCF is 12.08. Central Pattana PCL's value of 13.41 is 11% above this industry median. Based on the distribution chart, Central Pattana PCL ranks #388 out of 743 companies in the Real Estate industry, which is below the industry midpoint. Overall, Central Pattana PCL has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Central Pattana PCL's Cyclically Adjusted Price-to-FCF compare to competitors?
According to the Real Estate industry distribution chart, Central Pattana PCL ranks #388 out of 743 companies for Cyclically Adjusted Price-to-FCF. This places Central Pattana PCL in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 12.08. Central Pattana PCL's value of 13.41 is 11% above this benchmark. Historically, Central Pattana PCL's own Cyclically Adjusted Price-to-FCF has ranged from 10.03 to 42.20 over the past decade. While the company's 10-year median is 17.19 vs. the industry median of 12.08, Central Pattana PCL has consistently been above 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 Price-to-FCF for a Real Estate company?
The median Cyclically Adjusted Price-to-FCF among Real Estate companies is 12.08, based on 743 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Central Pattana PCL's current Cyclically Adjusted Price-to-FCF of 13.41 is 11% above 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 Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Central Pattana PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted Price-to-FCF is 12.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Pattana PCL's current Cyclically Adjusted Price-to-FCF is 13.41, which is 22% below median its own 10-year median of 17.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Pattana PCL stock overvalued right now?
Based on GuruFocus' analysis, Central Pattana PCL (BKK:CPN-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿62.26, compared to a current price of ฿64.25 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 13.41, which is 22% below median its 10-year median of 17.19 and 11% above the Real Estate industry median of 12.08. Central Pattana PCL's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Central Pattana PCL (BKK:CPN-R), the current Cyclically Adjusted Price-to-FCF is 13.41 as of Sep. 09, 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 Central Pattana PCL (BKK:CPN-R) Overvalued in 2026?

Based on GuruFocus' analysis, Central Pattana PCL stock appears to be overvalued. The current stock price of ฿64.25 is trading 3.2% above its estimated GF Value™ of ฿62.26. GuruFocus considers Central Pattana PCL to be Fairly Valued.

Key valuation signals for BKK:CPN-R:

  • Cyclically Adjusted Price-to-FCF: 13.41 (22% below median its 10-year median of 17.19)
  • GF Value™: ฿62.26 vs. price of ฿64.25 (3.2% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 11% above the Real Estate median (#388 of 743)

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


Central Pattana PCL Business Description

Other Exchanges CPN-F:ThailandCPN:Thailand
Address 999/9 Rama I Road, 32nd Floor, Central World Offices, Patumwan District, Bangkok, THA, 10330
Central Pattana PCL is engaged in the development and management of properties, including the construction of office buildings and shopping centers for rent, the provision of utility services within shopping centers, the sale of food and beverages, and the delivery of property management consulting and corporate services. Its segments are the development of shopping center buildings, office buildings, and condominiums for rent, including food center services, utility services, and the operation of playlands and water theme parks, which generate the majority of the company's revenue; the hotel business; and the real estate business, which involves the sale of land, houses, and condominium units. The Group is mainly managed and operates principally in Thailand.
91GF Score

Get the complete analysis for BKK:CPN-R

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

฿64.25
Price
฿62.26
GF Value