L.P.N. Development PCL (BKK:LPN-R) Cyclically Adjusted Price-to-FCF: 23.06 (As of Sep. 10, 2026) — 38% Above Median

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BKK:LPN-R L.P.N. Development PCL BKK:LPN-R
73 GF Score
Price ฿4.15
GF Value ฿5.63
! 6 Warning Signs
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What is L.P.N. Development PCL Cyclically Adjusted Price-to-FCF?

L.P.N. Development PCL BKK:LPN-R 73 Cyclically Adjusted Price-to-FCF is 23.06 as of Sep. 10, 2026, which is 38% above its 10-year median of 16.72. GuruFocus rates BKK:LPN-R with a GF Score™ of 73/100 and a GF Value™ of ฿5.63. The stock has 6 warning signs investors should review. Among 744 Real Estate companies, L.P.N. Development PCL ranks worse than 70.7% on this metric.

As of today (2026-09-10), L.P.N. Development PCL's current share price is ฿4.15064. L.P.N. Development PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.18. L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF for today is 23.06.

The historical rank and industry rank for L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:LPN-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.11   Med: 16.72   Max: 257.5
Current: 21.32

During the past years, L.P.N. Development PCL's highest Cyclically Adjusted Price-to-FCF was 257.50. The lowest was 3.11. And the median was 16.72.

BKK:LPN-R's Cyclically Adjusted Price-to-FCF is ranked worse than
70.7% of 744 companies
in the Real Estate industry
Industry Median: 12.11 vs BKK:LPN-R: 21.32

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.

L.P.N. Development PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.480. 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 ฿0.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


L.P.N. Development PCL  (BKK:LPN-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.


L.P.N. Development PCL Cyclically Adjusted Price-to-FCF Related Terms


L.P.N. Development PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for L.P.N. Development 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.

L.P.N. Development PCL Cyclically Adjusted Price-to-FCF Chart

L.P.N. Development 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 30.47 18.21 15.30 5.75 5.12

L.P.N. Development 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 3.93 6.92 5.12 9.36 21.59

L.P.N. Development PCL Cyclically Adjusted Price-to-FCF Competitor Comparison

For the Real Estate - Development subindustry, L.P.N. Development 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.


L.P.N. Development PCL Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:LPN-R
73GF Score
L.P.N. Development PCL BKK:LPN-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

L.P.N. Development 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.

L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.15064/0.18
=23.06

* 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.

L.P.N. Development PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, L.P.N. Development 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)
=0.48/333.9520*333.9520
=0.480

Current CPI (Jun. 2026) = 333.9520.

L.P.N. Development PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.565 241.428 -0.782
201612 -0.320 241.432 -0.443
201703 0.160 243.801 0.219
201706 -0.244 244.955 -0.333
201709 -0.118 246.819 -0.160
201712 -0.363 246.524 -0.492
201803 0.276 249.554 0.369
201806 0.248 251.989 0.329
201809 -0.463 252.439 -0.613
201812 1.049 251.233 1.394
201903 0.031 254.202 0.041
201906 -0.383 256.143 -0.499
201909 -1.267 256.759 -1.648
201912 0.766 256.974 0.995
202003 -0.335 258.115 -0.433
202006 0.114 257.797 0.148
202009 -0.039 260.280 -0.050
202012 0.560 260.474 0.718
202103 -0.070 264.877 -0.088
202106 -0.028 271.696 -0.034
202109 -0.329 274.310 -0.401
202112 0.073 278.802 0.087
202203 -0.062 287.504 -0.072
202206 0.252 296.311 0.284
202209 1.258 296.808 1.415
202212 -1.241 296.797 -1.396
202303 -0.419 301.836 -0.464
202306 -0.247 305.109 -0.270
202309 -0.201 307.789 -0.218
202312 -0.274 306.746 -0.298
202403 -0.002 312.332 -0.002
202406 0.688 314.175 0.731
202409 0.499 315.301 0.529
202412 0.508 315.605 0.538
202503 0.143 319.799 0.149
202506 0.013 322.561 0.013
202509 0.146 324.800 0.150
202512 0.474 324.054 0.488
202603 0.349 330.213 0.353
202606 0.480 333.952 0.480

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 23.06 mean?
L.P.N. Development PCL (BKK:LPN-R) has a Cyclically Adjusted Price-to-FCF of 23.06 as of Sep. 10, 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 L.P.N. Development PCL and its competitors. This is 38% above median its historical median of 16.72. Over the past decade, L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF has ranged from 3.11 to 257.50. According to the industry distribution chart, L.P.N. Development PCL ranks #526 out of 744 companies in the Real Estate industry, placing it in the top 70.7%.
Is L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF too high?
L.P.N. Development PCL's current Cyclically Adjusted Price-to-FCF of 23.06 is 38% above median its 10-year median of 16.72. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 257.50. The Real Estate industry median Cyclically Adjusted Price-to-FCF is 12.11. L.P.N. Development PCL's value of 23.06 is 90.4% above this industry median. Based on the distribution chart, L.P.N. Development PCL ranks #526 out of 744 companies in the Real Estate industry, which is below the industry midpoint. Overall, L.P.N. Development PCL has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does L.P.N. Development PCL's Cyclically Adjusted Price-to-FCF compare to competitors?
According to the Real Estate industry distribution chart, L.P.N. Development PCL ranks #526 out of 744 companies for Cyclically Adjusted Price-to-FCF. This places L.P.N. Development PCL in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 12.11. L.P.N. Development PCL's value of 23.06 is 90.4% above this benchmark. Historically, L.P.N. Development PCL's own Cyclically Adjusted Price-to-FCF has ranged from 3.11 to 257.50 over the past decade. While the company's 10-year median is 16.72 vs. the industry median of 12.11, L.P.N. Development 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 12.11, based on 744 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. L.P.N. Development PCL's current Cyclically Adjusted Price-to-FCF of 23.06 is 90.4% 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 L.P.N. Development PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted Price-to-FCF is 12.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L.P.N. Development PCL's current Cyclically Adjusted Price-to-FCF is 23.06, which is 38% above median its own 10-year median of 16.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L.P.N. Development PCL stock overvalued right now?
L.P.N. Development PCL (BKK:LPN-R) has a current Cyclically Adjusted Price-to-FCF of 23.06. The stock's GF Value™ is ฿5.63, compared to a current price of ฿4.15 — trading 26.3% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 23.06, which is 38% above median its 10-year median of 16.72 and 90.4% above the Real Estate industry median of 12.11. L.P.N. Development PCL's overall GF Score™ is 73/100 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 L.P.N. Development PCL (BKK:LPN-R), the current Cyclically Adjusted Price-to-FCF is 23.06 as of Sep. 10, 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 L.P.N. Development PCL (BKK:LPN-R) Overvalued in 2026?

Based on GuruFocus' analysis, L.P.N. Development PCL stock appears to be undervalued. The current stock price of ฿4.15 is trading 26.3% below its estimated GF Value™ of ฿5.63.

Key valuation signals for BKK:LPN-R:

  • Cyclically Adjusted Price-to-FCF: 23.06 (38% above median its 10-year median of 16.72)
  • GF Value™: ฿5.63 vs. price of ฿4.15 (26.3% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 90.4% above the Real Estate median (#526 of 744)

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


L.P.N. Development PCL Business Description

Other Exchanges LPN:Thailand
Address Rama 4 Road, 1168/109, 36th Floor, Lumpini Tower, Tungmahamek Subdistrict, Sathorn District, Bangkok, THA, 10120
L.P.N. Development PCL is a Thailand-based company that offers real estate development and management services. It sells and rents developed projects such as offices and residential condominiums. The company operates through the following business segments: Real Estate, Rent and Service, Service and Management, and Others. A majority of its revenue is generated from the Real Estate segment.
73GF Score

Get the complete analysis for BKK:LPN-R

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

฿4.15
Price
฿5.63
GF Value