Ocean Glass PCL (BKK:OGC-R) Cyclically Adjusted Price-to-FCF: 16.50 (As of Sep. 13, 2026) — 154% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:OGC-R Ocean Glass PCL BKK:OGC-R
56 GF Score
Price ฿8.41
GF Value ฿15.73
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ocean Glass PCL Cyclically Adjusted Price-to-FCF?

Ocean Glass PCL BKK:OGC-R 56 Cyclically Adjusted Price-to-FCF is 16.50 as of Sep. 13, 2026, which is 154% above its 10-year median of 6.50. GuruFocus rates BKK:OGC-R with a GF Score™ of 56/100 and a GF Value™ of ฿15.73 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 192 Furnishings, Fixtures & Appliances companies, Ocean Glass PCL ranks worse than 64.58% on this metric.

As of today (2026-09-13), Ocean Glass PCL's current share price is ฿8.41453. Ocean Glass PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.51. Ocean Glass PCL's Cyclically Adjusted Price-to-FCF for today is 16.50.

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

BKK:OGC-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.9   Med: 6.5   Max: 23.1
Current: 21.08

During the past years, Ocean Glass PCL's highest Cyclically Adjusted Price-to-FCF was 23.10. The lowest was 3.90. And the median was 6.50.

BKK:OGC-R's Cyclically Adjusted Price-to-FCF is ranked worse than
64.58% of 192 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 14.33 vs BKK:OGC-R: 21.08

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.

Ocean Glass PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿-0.233. 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 ฿0.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ocean Glass PCL  (BKK:OGC-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.


Ocean Glass PCL Cyclically Adjusted Price-to-FCF Related Terms


Ocean Glass PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Ocean Glass 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.

Ocean Glass PCL Cyclically Adjusted Price-to-FCF Chart

Ocean Glass 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 5.60 4.90 5.49 8.14 10.16

Ocean Glass 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 5.10 5.86 10.16 10.54 22.15

BKK:OGC-R vs SN, SGI, MHK: Cyclically Adjusted Price-to-FCF Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass 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.


Ocean Glass PCL Cyclically Adjusted Price-to-FCF vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:OGC-R
56GF Score
Ocean Glass PCL BKK:OGC-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Glass 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.

Ocean Glass PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.41453/0.51
=16.50

* 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.

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

For example, Ocean Glass 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)
=-0.233/333.9520*333.9520
=-0.233

Current CPI (Jun. 2026) = 333.9520.

Ocean Glass PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 5.807 241.428 8.032
201612 5.558 241.432 7.688
201703 6.381 243.801 8.741
201706 1.271 244.955 1.733
201709 3.215 246.819 4.350
201712 3.625 246.524 4.911
201803 -2.593 249.554 -3.470
201806 -4.741 251.989 -6.283
201809 -1.276 252.439 -1.688
201812 -0.126 251.233 -0.167
201903 -0.602 254.202 -0.791
201906 0.974 256.143 1.270
201909 -1.150 256.759 -1.496
201912 1.099 256.974 1.428
202003 -3.584 258.115 -4.637
202006 -9.979 257.797 -12.927
202009 -2.693 260.280 -3.455
202012 5.430 260.474 6.962
202103 3.242 264.877 4.087
202106 1.211 271.696 1.488
202109 0.344 274.310 0.419
202112 1.932 278.802 2.314
202203 2.010 287.504 2.335
202206 -0.063 296.311 -0.071
202209 1.262 296.808 1.420
202212 1.711 296.797 1.925
202303 -3.638 301.836 -4.025
202306 -5.476 305.109 -5.994
202309 -1.659 307.789 -1.800
202312 -1.395 306.746 -1.519
202403 -0.804 312.332 -0.860
202406 -3.445 314.175 -3.662
202409 -2.119 315.301 -2.244
202412 -0.282 315.605 -0.298
202503 -2.388 319.799 -2.494
202506 -1.049 322.561 -1.086
202509 0.454 324.800 0.467
202512 2.881 324.054 2.969
202603 0.827 330.213 0.836
202606 -0.233 333.952 -0.233

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 16.50 mean?
Ocean Glass PCL (BKK:OGC-R) has a Cyclically Adjusted Price-to-FCF of 16.50 as of Sep. 13, 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 Ocean Glass PCL and its competitors. This is 154% above median its historical median of 6.50. Over the past decade, Ocean Glass PCL's Cyclically Adjusted Price-to-FCF has ranged from 3.90 to 23.10. According to the industry distribution chart, Ocean Glass PCL ranks #124 out of 192 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 64.6%.
Is Ocean Glass PCL's Cyclically Adjusted Price-to-FCF too high?
Ocean Glass PCL's current Cyclically Adjusted Price-to-FCF of 16.50 is 154% above median its 10-year median of 6.50. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 23.10. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted Price-to-FCF is 14.33. Ocean Glass PCL's value of 16.50 is 15.1% above this industry median. Based on the distribution chart, Ocean Glass PCL ranks #124 out of 192 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ocean Glass PCL has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Glass PCL's Cyclically Adjusted Price-to-FCF compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ocean Glass PCL ranks #124 out of 192 companies for Cyclically Adjusted Price-to-FCF. This places Ocean Glass PCL in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 14.33. Ocean Glass PCL's value of 16.50 is 15.1% above this benchmark. Historically, Ocean Glass PCL's own Cyclically Adjusted Price-to-FCF has ranged from 3.90 to 23.10 over the past decade. While the company's 10-year median is 6.50 vs. the industry median of 14.33, Ocean Glass 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted Price-to-FCF among Furnishings, Fixtures & Appliances companies is 14.33, based on 192 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. Ocean Glass PCL's current Cyclically Adjusted Price-to-FCF of 16.50 is 15.1% 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 Ocean Glass PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted Price-to-FCF is 14.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Glass PCL's current Cyclically Adjusted Price-to-FCF is 16.50, which is 154% above median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Glass PCL stock overvalued right now?
Based on GuruFocus' analysis, Ocean Glass PCL (BKK:OGC-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.73, compared to a current price of ฿8.41 — trading 46.5% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 16.50, which is 154% above median its 10-year median of 6.50 and 15.1% above the Furnishings, Fixtures & Appliances industry median of 14.33. Ocean Glass PCL's overall GF Score™ is 56/100 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 Ocean Glass PCL (BKK:OGC-R), the current Cyclically Adjusted Price-to-FCF is 16.50 as of Sep. 13, 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 Ocean Glass PCL (BKK:OGC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Glass PCL stock appears to be undervalued. The current stock price of ฿8.41 is trading 46.5% below its estimated GF Value™ of ฿15.73. GuruFocus considers Ocean Glass PCL to be Possible Value Trap.

Key valuation signals for BKK:OGC-R:

  • Cyclically Adjusted Price-to-FCF: 16.50 (154% above median its 10-year median of 6.50)
  • GF Value™: ฿15.73 vs. price of ฿8.41 (46.5% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 15.1% above the Furnishings, Fixtures & Appliances median (#124 of 192)

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


Ocean Glass PCL Business Description

Other Exchanges OGC:Thailand
Address Sukhumvit 19 Road (Soi Wattana, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.
56GF Score

Get the complete analysis for BKK:OGC-R

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

฿8.41
Price
฿15.73
GF Value