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Tipco Asphalt PCLBKK:TASCO-R +0.26%67 Cyclically Adjusted Price-to-FCF is 12.80 as of Sep. 06, 2026, which is 27% above its 10-year median of 10.11. GuruFocus rates BKK:TASCO-R with a GF Score™ of 67/100 and a GF Value™ of ฿13.92 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 187 Building Materials companies, Tipco Asphalt PCL ranks better than 64.17% on this metric.
The historical rank and industry rank for Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
BKK:TASCO-R'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.72 Med: 10.11 Max: 23.88
Current: 12.44
During the past years, Tipco Asphalt PCL's highest Cyclically Adjusted Price-to-FCF was 23.88. The lowest was 6.72. And the median was 10.11.
BKK:TASCO-R's Cyclically Adjusted Price-to-FCF is ranked better than 64.17% of 187
companies
in the Building Materials industry
Industry Median: 17.01
vs BKK:TASCO-R: 12.44
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.
Tipco Asphalt PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.630. 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 ฿1.35 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
Tipco Asphalt PCL Cyclically Adjusted Price-to-FCF Related Terms
Tipco Asphalt PCL Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for Tipco Asphalt 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.
BKK:TASCO-R vs CRH, MLM, VMC: Cyclically Adjusted Price-to-FCF Comparison
For the Building Materials subindustry, Tipco Asphalt 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.
Tipco Asphalt PCL Cyclically Adjusted Price-to-FCF vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF falls into.
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.
Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF for today is calculated as
* 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.
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 12.80 mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Cyclically Adjusted Price-to-FCF of 12.80 as of Sep. 06, 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 Tipco Asphalt PCL and its competitors. This is 27% above median its historical median of 10.11. Over the past decade, Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF has ranged from 6.72 to 23.88. According to the industry distribution chart, Tipco Asphalt PCL ranks #67 out of 187 companies in the Building Materials industry, placing it in the top 35.8%.
Is Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF too high?
Tipco Asphalt PCL's current Cyclically Adjusted Price-to-FCF of 12.80 is 27% above median its 10-year median of 10.11. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 23.88. The Building Materials industry median Cyclically Adjusted Price-to-FCF is 17.01. Tipco Asphalt PCL's value of 12.80 is 24.8% below this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #67 out of 187 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF compare to CRH and MLM?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #67 out of 187 companies for Cyclically Adjusted Price-to-FCF. This puts Tipco Asphalt PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 17.01. Tipco Asphalt PCL's value of 12.80 is 24.8% below this benchmark. Historically, Tipco Asphalt PCL's own Cyclically Adjusted Price-to-FCF has ranged from 6.72 to 23.88 over the past decade. While the company's 10-year median is 10.11 vs. the industry median of 17.01, Tipco Asphalt 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 Building Materials company?
The median Cyclically Adjusted Price-to-FCF among Building Materials companies is 17.01, based on 187 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. Tipco Asphalt PCL's current Cyclically Adjusted Price-to-FCF of 12.80 is 24.8% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Cyclically Adjusted Price-to-FCF is 17.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Cyclically Adjusted Price-to-FCF is 12.80, which is 27% above median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Based on GuruFocus' analysis, Tipco Asphalt PCL (BKK:TASCO-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿13.92, compared to a current price of ฿17.28 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 12.80, which is 27% above median its 10-year median of 10.11 and 24.8% below the Building Materials industry median of 17.01. Tipco Asphalt PCL's overall GF Score™ is 67/100 with 8 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Cyclically Adjusted Price-to-FCF is 12.80 as of Sep. 06, 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be overvalued.
The current stock price of ฿17.28 is trading 24.1% above its estimated GF Value™ of ฿13.92.
GuruFocus considers Tipco Asphalt PCL to be Modestly Overvalued.
Key valuation signals for BKK:TASCO-R:
Cyclically Adjusted Price-to-FCF: 12.80 (27% above median its 10-year median of 10.11)
GF Value™: ฿13.92 vs. price of ฿17.28 (24.1% above fair value)
Industry Position: 24.8% below the Building Materials median (#67 of 187)
No single metric tells the full story. See the BKK:TASCO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
67GF Score
Get the complete analysis for BKK:TASCO-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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