Thanasiri Group PCL (BKK:THANA-R) Cyclically Adjusted Price-to-FCF: 4.27 (As of Sep. 05, 2026) — 20% Below Median

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BKK:THANA-R Thanasiri Group PCL BKK:THANA-R
55 GF Score
Price ฿1.58
GF Value ฿1.07
! 9 Warning Signs
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What is Thanasiri Group PCL Cyclically Adjusted Price-to-FCF?

Thanasiri Group PCL BKK:THANA-R 55 Cyclically Adjusted Price-to-FCF is 4.27 as of Sep. 05, 2026, which is 20% below its 10-year median of 5.31. GuruFocus rates BKK:THANA-R with a GF Score™ of 55/100 and a GF Value™ of ฿1.07. The stock has 9 warning signs investors should review. Among 745 Real Estate companies, Thanasiri Group PCL ranks better than 76.78% on this metric.

As of today (2026-09-05), Thanasiri Group PCL's current share price is ฿1.58. Thanasiri Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.37. Thanasiri Group PCL's Cyclically Adjusted Price-to-FCF for today is 4.27.

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

BKK:THANA-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.43   Med: 5.31   Max: 16.8
Current: 4.19

During the past years, Thanasiri Group PCL's highest Cyclically Adjusted Price-to-FCF was 16.80. The lowest was 0.43. And the median was 5.31.

BKK:THANA-R's Cyclically Adjusted Price-to-FCF is ranked better than
76.78% of 745 companies
in the Real Estate industry
Industry Median: 12.08 vs BKK:THANA-R: 4.19

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.

Thanasiri Group PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿-0.257. 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 ฿0.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thanasiri Group PCL  (BKK:THANA-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.


Thanasiri Group PCL Cyclically Adjusted Price-to-FCF Related Terms


Thanasiri Group PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Thanasiri Group 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.

Thanasiri Group PCL Cyclically Adjusted Price-to-FCF Chart

Thanasiri Group 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 3.16 7.03 7.63 3.84 4.12

Thanasiri Group 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 2.60 3.16 4.12 4.12 4.11

Thanasiri Group PCL Cyclically Adjusted Price-to-FCF Competitor Comparison

For the Real Estate - Development subindustry, Thanasiri Group 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.


Thanasiri Group PCL Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thanasiri Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:THANA-R
55GF Score
Thanasiri Group PCL BKK:THANA-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thanasiri Group 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.

Thanasiri Group PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.58/0.37
=4.27

* 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.

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

For example, Thanasiri Group 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)
=-0.257/333.9520*333.9520
=-0.257

Current CPI (Jun. 2026) = 333.9520.

Thanasiri Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.066 241.428 0.091
201612 0.124 241.432 0.172
201703 0.280 243.801 0.384
201706 0.134 244.955 0.183
201709 0.435 246.819 0.589
201712 0.371 246.524 0.503
201803 0.250 249.554 0.335
201806 0.187 251.989 0.248
201809 0.163 252.439 0.216
201812 0.174 251.233 0.231
201903 0.222 254.202 0.292
201906 -0.091 256.143 -0.119
201909 0.273 256.759 0.355
201912 -0.041 256.974 -0.053
202003 0.241 258.115 0.312
202006 0.187 257.797 0.242
202009 0.275 260.280 0.353
202012 -0.025 260.474 -0.032
202103 -0.577 264.877 -0.727
202106 -0.007 271.696 -0.009
202109 -0.241 274.310 -0.293
202112 0.077 278.802 0.092
202203 0.417 287.504 0.484
202206 0.267 296.311 0.301
202209 -0.837 296.808 -0.942
202212 0.004 296.797 0.005
202303 0.291 301.836 0.322
202306 -0.179 305.109 -0.196
202309 -0.329 307.789 -0.357
202312 -0.468 306.746 -0.510
202403 -0.228 312.332 -0.244
202406 0.113 314.175 0.120
202409 1.251 315.301 1.325
202412 -0.243 315.605 -0.257
202503 0.054 319.799 0.056
202506 0.316 322.561 0.327
202509 0.048 324.800 0.049
202512 0.086 324.054 0.089
202603 0.070 330.213 0.071
202606 -0.257 333.952 -0.257

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 4.27 mean?
Thanasiri Group PCL (BKK:THANA-R) has a Cyclically Adjusted Price-to-FCF of 4.27 as of Sep. 05, 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 Thanasiri Group PCL and its competitors. This is 20% below median its historical median of 5.31. Over the past decade, Thanasiri Group PCL's Cyclically Adjusted Price-to-FCF has ranged from 0.43 to 16.80. According to the industry distribution chart, Thanasiri Group PCL ranks #173 out of 745 companies in the Real Estate industry, placing it in the top 23.2%.
Is Thanasiri Group PCL's Cyclically Adjusted Price-to-FCF too high?
Thanasiri Group PCL's current Cyclically Adjusted Price-to-FCF of 4.27 is 20% below median its 10-year median of 5.31. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 16.80. The Real Estate industry median Cyclically Adjusted Price-to-FCF is 12.08. Thanasiri Group PCL's value of 4.27 is 64.7% below this industry median. Based on the distribution chart, Thanasiri Group PCL ranks #173 out of 745 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Thanasiri Group PCL has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Thanasiri Group PCL's Cyclically Adjusted Price-to-FCF compare to competitors?
According to the Real Estate industry distribution chart, Thanasiri Group PCL ranks #173 out of 745 companies for Cyclically Adjusted Price-to-FCF. This places Thanasiri Group PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 12.08. Thanasiri Group PCL's value of 4.27 is 64.7% below this benchmark. Historically, Thanasiri Group PCL's own Cyclically Adjusted Price-to-FCF has ranged from 0.43 to 16.80 over the past decade. While the company's 10-year median is 5.31 vs. the industry median of 12.08, Thanasiri Group 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 Real Estate company?
The median Cyclically Adjusted Price-to-FCF among Real Estate companies is 12.08, based on 745 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. Thanasiri Group PCL's current Cyclically Adjusted Price-to-FCF of 4.27 is 64.7% 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 Thanasiri Group PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted Price-to-FCF is 12.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thanasiri Group PCL's current Cyclically Adjusted Price-to-FCF is 4.27, which is 20% below median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanasiri Group PCL stock overvalued right now?
Thanasiri Group PCL (BKK:THANA-R) has a current Cyclically Adjusted Price-to-FCF of 4.27. The stock's GF Value™ is ฿1.07, compared to a current price of ฿1.58 — trading 47.7% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 4.27, which is 20% below median its 10-year median of 5.31 and 64.7% below the Real Estate industry median of 12.08. Thanasiri Group PCL's overall GF Score™ is 55/100 with 9 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 Thanasiri Group PCL (BKK:THANA-R), the current Cyclically Adjusted Price-to-FCF is 4.27 as of Sep. 05, 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 Thanasiri Group PCL (BKK:THANA-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thanasiri Group PCL stock appears to be overvalued. The current stock price of ฿1.58 is trading 47.7% above its estimated GF Value™ of ฿1.07.

Key valuation signals for BKK:THANA-R:

  • Cyclically Adjusted Price-to-FCF: 4.27 (20% below median its 10-year median of 5.31)
  • GF Value™: ฿1.07 vs. price of ฿1.58 (47.7% above fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 64.7% below the Real Estate median (#173 of 745)

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


Thanasiri Group PCL Business Description

Other Exchanges THANA:Thailand
Address 650, 652 Baromratchonnanee Road, Bangbumru, Bangplad, Bangkok, THA, 10700
Thanasiri Group PCL is a Thailand-based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet, and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal, Service business, and Sell products business.
55GF Score

Get the complete analysis for BKK:THANA-R

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

฿1.58
Price
฿1.07
GF Value