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Thantawan Industry PCLBKK:THIP-R 73 Cyclically Adjusted Price-to-FCF is 10.13 as of Aug. 11, 2026, which is 39% below its 10-year median of 16.62. GuruFocus rates BKK:THIP-R with a GF Score™ of 73/100 and a GF Value™ of ฿33.47. The stock has 6 warning signs investors should review. Among 156 Packaging & Containers companies, Thantawan Industry PCL ranks better than 70.51% on this metric.
The historical rank and industry rank for Thantawan Industry PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
BKK:THIP-R'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.02 Med: 16.62 Max: 30.95
Current: 10.27
During the past years, Thantawan Industry PCL's highest Cyclically Adjusted Price-to-FCF was 30.95. The lowest was 9.02. And the median was 16.62.
BKK:THIP-R's Cyclically Adjusted Price-to-FCF is ranked better than 70.51% of 156
companies
in the Packaging & Containers industry
Industry Median: 16.81
vs BKK:THIP-R: 10.27
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.
Thantawan Industry PCL's adjusted free cash flow per share data for the three months ended in Mar. 2026 was ฿-0.864. 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 ฿2.27 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Thantawan Industry PCL (BKK:THIP-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.
Thantawan Industry PCL Cyclically Adjusted Price-to-FCF Related Terms
Thantawan Industry PCL Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for Thantawan Industry 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.
Thantawan Industry PCL Cyclically Adjusted Price-to-FCF Chart
BKK:THIP-R vs SW, PKG, IP: Cyclically Adjusted Price-to-FCF Comparison
For the Packaging & Containers subindustry, Thantawan Industry 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.
Thantawan Industry PCL Cyclically Adjusted Price-to-FCF vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Thantawan Industry PCL's Cyclically Adjusted Price-to-FCF falls into.
Thantawan Industry 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.
* 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 10.13 mean?
Thantawan Industry PCL (BKK:THIP-R) has a Cyclically Adjusted Price-to-FCF of 10.13 as of Aug. 11, 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 Thantawan Industry PCL and its competitors. This is 39% below median its historical median of 16.62. Over the past decade, Thantawan Industry PCL's Cyclically Adjusted Price-to-FCF has ranged from 9.02 to 30.95. According to the industry distribution chart, Thantawan Industry PCL ranks #46 out of 156 companies in the Packaging & Containers industry, placing it in the top 29.5%.
Is Thantawan Industry PCL's Cyclically Adjusted Price-to-FCF too high?
Thantawan Industry PCL's current Cyclically Adjusted Price-to-FCF of 10.13 is 39% below median its 10-year median of 16.62. Over the past 10 years, this metric has ranged from a low of 9.02 to a high of 30.95. The Packaging & Containers industry median Cyclically Adjusted Price-to-FCF is 16.81. Thantawan Industry PCL's value of 10.13 is 39.7% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #46 out of 156 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Cyclically Adjusted Price-to-FCF compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #46 out of 156 companies for Cyclically Adjusted Price-to-FCF. This puts Thantawan Industry PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 16.81. Thantawan Industry PCL's value of 10.13 is 39.7% below this benchmark. Historically, Thantawan Industry PCL's own Cyclically Adjusted Price-to-FCF has ranged from 9.02 to 30.95 over the past decade. While the company's 10-year median is 16.62 vs. the industry median of 16.81, Thantawan Industry 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 16.81, based on 156 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. Thantawan Industry PCL's current Cyclically Adjusted Price-to-FCF of 10.13 is 39.7% 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 Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted Price-to-FCF is 16.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Cyclically Adjusted Price-to-FCF is 10.13, which is 39% below median its own 10-year median of 16.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current Cyclically Adjusted Price-to-FCF of 10.13. The stock's GF Value™ is ฿33.47, compared to a current price of ฿23.00 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 10.13, which is 39% below median its 10-year median of 16.62 and 39.7% below the Packaging & Containers industry median of 16.81. Thantawan Industry PCL's overall GF Score™ is 73/100 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 Thantawan Industry PCL (BKK:THIP-R), the current Cyclically Adjusted Price-to-FCF is 10.13 as of Aug. 11, 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 Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued.
The current stock price of ฿23.00 is trading 31.3% below its estimated GF Value™ of ฿33.47.
Key valuation signals for BKK:THIP-R:
Cyclically Adjusted Price-to-FCF: 10.13 (39% below median its 10-year median of 16.62)
GF Value™: ฿33.47 vs. price of ฿23.00 (31.3% below fair value)
Industry Position: 39.7% below the Packaging & Containers median (#46 of 156)
No single metric tells the full story. See the BKK:THIP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
73GF Score
Get the complete analysis for BKK:THIP-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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