Panjawattana Plastic PCL (BKK:PJW-R) Cyclically Adjusted Price-to-FCF: 13.47 (As of Sep. 16, 2026) — 41% Below Median

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BKK:PJW-R Panjawattana Plastic PCL BKK:PJW-R
76 GF Score
Price ฿2.02
GF Value ฿2.96
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Panjawattana Plastic PCL Cyclically Adjusted Price-to-FCF?

Panjawattana Plastic PCL BKK:PJW-R 76 Cyclically Adjusted Price-to-FCF is 13.47 as of Sep. 16, 2026, which is 41% below its 10-year median of 23.00. GuruFocus rates BKK:PJW-R with a GF Score™ of 76/100 and a GF Value™ of ฿2.96 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 154 Packaging & Containers companies, Panjawattana Plastic PCL ranks worse than 50.65% on this metric.

As of today (2026-09-16), Panjawattana Plastic PCL's current share price is ฿2.02. Panjawattana Plastic PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.15. Panjawattana Plastic PCL's Cyclically Adjusted Price-to-FCF for today is 13.47.

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

BKK:PJW-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.63   Med: 23   Max: 525
Current: 16.01

During the past years, Panjawattana Plastic PCL's highest Cyclically Adjusted Price-to-FCF was 525.00. The lowest was 12.63. And the median was 23.00.

BKK:PJW-R's Cyclically Adjusted Price-to-FCF is ranked worse than
50.65% of 154 companies
in the Packaging & Containers industry
Industry Median: 15.93 vs BKK:PJW-R: 16.01

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.

Panjawattana Plastic PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.223. 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 ฿0.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panjawattana Plastic PCL  (BKK:PJW-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.


Panjawattana Plastic PCL Cyclically Adjusted Price-to-FCF Related Terms


Panjawattana Plastic PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Panjawattana Plastic 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.

Panjawattana Plastic PCL Cyclically Adjusted Price-to-FCF Chart

Panjawattana Plastic 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 0.00 169.19 27.97 22.72 13.03

Panjawattana Plastic 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 14.72 13.06 13.03 17.21 16.16

BKK:PJW-R vs SW, AMCR, PKG: Cyclically Adjusted Price-to-FCF Comparison

For the Packaging & Containers subindustry, Panjawattana Plastic 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.


Panjawattana Plastic PCL Cyclically Adjusted Price-to-FCF vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Panjawattana Plastic PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:PJW-R
76GF Score
Panjawattana Plastic PCL BKK:PJW-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panjawattana Plastic 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.

Panjawattana Plastic PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.02/0.15
=13.47

* 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.

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

For example, Panjawattana Plastic 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)
=0.223/333.9520*333.9520
=0.223

Current CPI (Jun. 2026) = 333.9520.

Panjawattana Plastic PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.086 241.428 -0.119
201612 0.158 241.432 0.219
201703 -0.087 243.801 -0.119
201706 -0.222 244.955 -0.303
201709 0.124 246.819 0.168
201712 0.209 246.524 0.283
201803 0.017 249.554 0.023
201806 -0.007 251.989 -0.009
201809 -0.126 252.439 -0.167
201812 -0.062 251.233 -0.082
201903 -0.018 254.202 -0.024
201906 -0.090 256.143 -0.117
201909 -0.202 256.759 -0.263
201912 -0.057 256.974 -0.074
202003 0.243 258.115 0.314
202006 0.270 257.797 0.350
202009 0.186 260.280 0.239
202012 -0.008 260.474 -0.010
202103 0.091 264.877 0.115
202106 0.101 271.696 0.124
202109 -0.121 274.310 -0.147
202112 0.176 278.802 0.211
202203 0.086 287.504 0.100
202206 0.033 296.311 0.037
202209 0.230 296.808 0.259
202212 0.017 296.797 0.019
202303 -0.121 301.836 -0.134
202306 0.070 305.109 0.077
202309 0.184 307.789 0.200
202312 -0.015 306.746 -0.016
202403 -0.075 312.332 -0.080
202406 -0.156 314.175 -0.166
202409 -0.014 315.301 -0.015
202412 0.021 315.605 0.022
202503 0.065 319.799 0.068
202506 0.073 322.561 0.076
202509 0.162 324.800 0.167
202512 0.094 324.054 0.097
202603 -0.265 330.213 -0.268
202606 0.223 333.952 0.223

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 13.47 mean?
Panjawattana Plastic PCL (BKK:PJW-R) has a Cyclically Adjusted Price-to-FCF of 13.47 as of Sep. 16, 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 Panjawattana Plastic PCL and its competitors. This is 41% below median its historical median of 23.00. Over the past decade, Panjawattana Plastic PCL's Cyclically Adjusted Price-to-FCF has ranged from 12.63 to 525.00. According to the industry distribution chart, Panjawattana Plastic PCL ranks #78 out of 154 companies in the Packaging & Containers industry, placing it in the top 50.6%.
Is Panjawattana Plastic PCL's Cyclically Adjusted Price-to-FCF too high?
Panjawattana Plastic PCL's current Cyclically Adjusted Price-to-FCF of 13.47 is 41% below median its 10-year median of 23.00. Over the past 10 years, this metric has ranged from a low of 12.63 to a high of 525.00. The Packaging & Containers industry median Cyclically Adjusted Price-to-FCF is 15.93. Panjawattana Plastic PCL's value of 13.47 is 15.4% below this industry median. Based on the distribution chart, Panjawattana Plastic PCL ranks #78 out of 154 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Panjawattana Plastic PCL has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Panjawattana Plastic PCL's Cyclically Adjusted Price-to-FCF compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Panjawattana Plastic PCL ranks #78 out of 154 companies for Cyclically Adjusted Price-to-FCF. This places Panjawattana Plastic PCL in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 15.93. Panjawattana Plastic PCL's value of 13.47 is 15.4% below this benchmark. Historically, Panjawattana Plastic PCL's own Cyclically Adjusted Price-to-FCF has ranged from 12.63 to 525.00 over the past decade. While the company's 10-year median is 23.00 vs. the industry median of 15.93, Panjawattana Plastic 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 Price-to-FCF for a Packaging & Containers company?
The median Cyclically Adjusted Price-to-FCF among Packaging & Containers companies is 15.93, based on 154 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. Panjawattana Plastic PCL's current Cyclically Adjusted Price-to-FCF of 13.47 is 15.4% 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 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 Panjawattana Plastic PCL and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted Price-to-FCF is 15.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panjawattana Plastic PCL's current Cyclically Adjusted Price-to-FCF is 13.47, which is 41% below median its own 10-year median of 23.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panjawattana Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Panjawattana Plastic PCL (BKK:PJW-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.96, compared to a current price of ฿2.02 — trading 31.8% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 13.47, which is 41% below median its 10-year median of 23.00 and 15.4% below the Packaging & Containers industry median of 15.93. Panjawattana Plastic PCL's overall GF Score™ is 76/100 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 Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Panjawattana Plastic PCL (BKK:PJW-R), the current Cyclically Adjusted Price-to-FCF is 13.47 as of Sep. 16, 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 Panjawattana Plastic PCL (BKK:PJW-R) Overvalued in 2026?

Based on GuruFocus' analysis, Panjawattana Plastic PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 31.8% below its estimated GF Value™ of ฿2.96. GuruFocus considers Panjawattana Plastic PCL to be Possible Value Trap.

Key valuation signals for BKK:PJW-R:

  • Cyclically Adjusted Price-to-FCF: 13.47 (41% below median its 10-year median of 23.00)
  • GF Value™: ฿2.96 vs. price of ฿2.02 (31.8% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 15.4% below the Packaging & Containers median (#78 of 154)

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


Panjawattana Plastic PCL Business Description

Other Exchanges PJW:Thailand
Address Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150
Panjawattana Plastic PCL is manufacturer and distributor of packaging for consumer product, Agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service, and the Business trading segment. It produces and supplies plastic containers and closures such as lubricant packaging, milk and yoghurt packaging, consumer goods packaging and chemicals liquid packaging, and plastic automotive parts of high quality and with custom designs according to clients' requirements for each of their specific brands.
76GF Score

Get the complete analysis for BKK:PJW-R

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

฿2.02
Price
฿2.96
GF Value