Phatra Leasing PCL (BKK:PL-R) Cyclically Adjusted Price-to-FCF: 1.34 (As of Aug. 31, 2026) — 41% Below Median

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BKK:PL-R Phatra Leasing PCL BKK:PL-R
57 GF Score
Price ฿1.34
GF Value ฿1.26
Valuation Fairly Valued
! 10 Warning Signs
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What is Phatra Leasing PCL Cyclically Adjusted Price-to-FCF?

Phatra Leasing PCL BKK:PL-R 57 Cyclically Adjusted Price-to-FCF is 1.34 as of Aug. 31, 2026, which is 41% below its 10-year median of 2.28. GuruFocus rates BKK:PL-R with a GF Score™ of 57/100 and a GF Value™ of ฿1.26 (Fairly Valued). The stock has 10 warning signs investors should review. Among 394 Business Services companies, Phatra Leasing PCL ranks better than 95.69% on this metric.

As of today (2026-08-31), Phatra Leasing PCL's current share price is ฿1.34. Phatra Leasing PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿1.00. Phatra Leasing PCL's Cyclically Adjusted Price-to-FCF for today is 1.34.

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

BKK:PL-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.09   Med: 2.28   Max: 66
Current: 1.36

During the past years, Phatra Leasing PCL's highest Cyclically Adjusted Price-to-FCF was 66.00. The lowest was 1.09. And the median was 2.28.

BKK:PL-R's Cyclically Adjusted Price-to-FCF is ranked better than
95.69% of 394 companies
in the Business Services industry
Industry Median: 15.385 vs BKK:PL-R: 1.36

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.

Phatra Leasing PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.275. 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 ฿1.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phatra Leasing PCL  (BKK:PL-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.


Phatra Leasing PCL Cyclically Adjusted Price-to-FCF Related Terms


Phatra Leasing PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Phatra Leasing 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.

Phatra Leasing PCL Cyclically Adjusted Price-to-FCF Chart

Phatra Leasing 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 5.66 3.08 2.38 1.63 1.23

Phatra Leasing 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 1.09 1.24 1.23 1.29 1.28

BKK:PL-R vs URI, SUNB, AER: Cyclically Adjusted Price-to-FCF Comparison

For the Rental & Leasing Services subindustry, Phatra Leasing 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.


Phatra Leasing PCL Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, Phatra Leasing PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:PL-R
57GF Score
Phatra Leasing PCL BKK:PL-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Phatra Leasing 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.

Phatra Leasing PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.34/1.00
=1.34

* 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.

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

For example, Phatra Leasing 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)
=0.275/333.9520*333.9520
=0.275

Current CPI (Jun. 2026) = 333.9520.

Phatra Leasing PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.407 241.428 -0.563
201612 -0.391 241.432 -0.541
201703 0.646 243.801 0.885
201706 0.526 244.955 0.717
201709 0.183 246.819 0.248
201712 0.119 246.524 0.161
201803 0.514 249.554 0.688
201806 0.156 251.989 0.207
201809 -0.358 252.439 -0.474
201812 -0.998 251.233 -1.327
201903 0.081 254.202 0.106
201906 0.375 256.143 0.489
201909 0.628 256.759 0.817
201912 0.751 256.974 0.976
202003 0.429 258.115 0.555
202006 0.642 257.797 0.832
202009 0.836 260.280 1.073
202012 0.765 260.474 0.981
202103 1.109 264.877 1.398
202106 0.757 271.696 0.930
202109 0.850 274.310 1.035
202112 0.127 278.802 0.152
202203 -0.499 287.504 -0.580
202206 0.778 296.311 0.877
202209 0.270 296.808 0.304
202212 0.626 296.797 0.704
202303 -0.638 301.836 -0.706
202306 -0.419 305.109 -0.459
202309 -0.621 307.789 -0.674
202312 -0.906 306.746 -0.986
202403 0.284 312.332 0.304
202406 -0.181 314.175 -0.192
202409 -0.284 315.301 -0.301
202412 -0.310 315.605 -0.328
202503 0.126 319.799 0.132
202506 1.014 322.561 1.050
202509 0.327 324.800 0.336
202512 0.298 324.054 0.307
202603 0.520 330.213 0.526
202606 0.275 333.952 0.275

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 1.34 mean?
Phatra Leasing PCL (BKK:PL-R) has a Cyclically Adjusted Price-to-FCF of 1.34 as of Aug. 31, 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 Phatra Leasing PCL and its competitors. This is 41% below median its historical median of 2.28. Over the past decade, Phatra Leasing PCL's Cyclically Adjusted Price-to-FCF has ranged from 1.09 to 66.00. According to the industry distribution chart, Phatra Leasing PCL ranks #17 out of 394 companies in the Business Services industry, placing it in the top 4.3%.
Is Phatra Leasing PCL's Cyclically Adjusted Price-to-FCF too high?
Phatra Leasing PCL's current Cyclically Adjusted Price-to-FCF of 1.34 is 41% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 66.00. The Business Services industry median Cyclically Adjusted Price-to-FCF is 15.39. Phatra Leasing PCL's value of 1.34 is 91.3% below this industry median. Based on the distribution chart, Phatra Leasing PCL ranks #17 out of 394 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Phatra Leasing PCL has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phatra Leasing PCL's Cyclically Adjusted Price-to-FCF compare to URI and SUNB?
According to the Business Services industry distribution chart, Phatra Leasing PCL ranks #17 out of 394 companies for Cyclically Adjusted Price-to-FCF. This places Phatra Leasing PCL in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 15.39. Phatra Leasing PCL's value of 1.34 is 91.3% below this benchmark. Historically, Phatra Leasing PCL's own Cyclically Adjusted Price-to-FCF has ranged from 1.09 to 66.00 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 15.39, Phatra Leasing 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 Business Services company?
The median Cyclically Adjusted Price-to-FCF among Business Services companies is 15.39, based on 394 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. Phatra Leasing PCL's current Cyclically Adjusted Price-to-FCF of 1.34 is 91.3% 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 Phatra Leasing PCL and its competitors. For the Business Services industry, the median Cyclically Adjusted Price-to-FCF is 15.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phatra Leasing PCL's current Cyclically Adjusted Price-to-FCF is 1.34, which is 41% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phatra Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Phatra Leasing PCL (BKK:PL-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.26, compared to a current price of ฿1.34 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 1.34, which is 41% below median its 10-year median of 2.28 and 91.3% below the Business Services industry median of 15.39. Phatra Leasing PCL's overall GF Score™ is 57/100 with 10 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 Phatra Leasing PCL (BKK:PL-R), the current Cyclically Adjusted Price-to-FCF is 1.34 as of Aug. 31, 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 Phatra Leasing PCL (BKK:PL-R) Overvalued in 2026?

Based on GuruFocus' analysis, Phatra Leasing PCL stock appears to be overvalued. The current stock price of ฿1.34 is trading 6.3% above its estimated GF Value™ of ฿1.26. GuruFocus considers Phatra Leasing PCL to be Fairly Valued.

Key valuation signals for BKK:PL-R:

  • Cyclically Adjusted Price-to-FCF: 1.34 (41% below median its 10-year median of 2.28)
  • GF Value™: ฿1.26 vs. price of ฿1.34 (6.3% above fair value)
  • GF Score™: 57/100 with 10 warning signs
  • Industry Position: 91.3% below the Business Services median (#17 of 394)

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


Phatra Leasing PCL Business Description

Other Exchanges PL:Thailand
Address 252/6, Rachadaphisek Road, 29th Floor, Muangthai-Phatra Complex 1, Huay Khwang, Bangkok, THA, 10320
Phatra Leasing PCL is engaged in the provision of leasing services. The company operates in two segments; the Land Vehicle segment and the Others segment. The company provides PL Auto Leasing services in both operating leases and financial leases for vehicles such as cars, including executive cars, and cars used in the organization, with comprehensive services ranging from car procurement, and others; and PL Commercial Leasing provides leasing services in the form of financial leases for a variety of other commercial properties, such as medical equipment, machinery, computers, and general equipment. The Company operates only in Thailand. The Land Vehicle segment accounts for a majority of the company's revenue.
57GF Score

Get the complete analysis for BKK:PL-R

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

฿1.34
Price
฿1.26
GF Value