Tipco Asphalt PCL (BKK:TASCO-R) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Tipco Asphalt PCL Forward PE Ratio Related Terms
Tipco Asphalt PCL Forward PE Ratio Historical Data
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The historical data trend for Tipco Asphalt PCL's Forward PE Ratio 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.
Tipco Asphalt PCL Forward PE Ratio Chart
Tipco Asphalt PCL Annual Data
Trend
2022-12
2024-12
2025-12
Forward PE Ratio
17.21
12.66
12.21
Tipco Asphalt PCL Quarterly Data
2022-09
2022-12
2023-03
2023-06
2023-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
16.64
17.21
12.35
11.38
9.93
12.66
10.02
11.82
12.09
12.21
15.64
BKK:TASCO-R vs CRH, VMC, MLM: Forward PE Ratio Comparison
For the Building Materials subindustry, Tipco Asphalt PCL's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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 Forward PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt PCL's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Tipco Asphalt PCL (BKK:TASCO-R) has a Forward PE Ratio of 14.49 as of Jul. 01, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Tipco Asphalt PCL and its competitors. According to the industry distribution chart, Tipco Asphalt PCL ranks #90 out of 157 companies in the Building Materials industry, placing it in the top 57.3%.
Is Tipco Asphalt PCL's Forward PE Ratio too high?
Tipco Asphalt PCL's current Forward PE Ratio is 14.49. The Building Materials industry median Forward PE Ratio is 13.24. Tipco Asphalt PCL's value of 14.49 is 9.4% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #90 out of 157 companies in the Building Materials industry, which is below the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Forward PE Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #90 out of 157 companies for Forward PE Ratio. This places Tipco Asphalt PCL in the lower half of its industry. The industry median Forward PE Ratio is 13.24. Tipco Asphalt PCL's value of 14.49 is 9.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Building Materials company?
The median Forward PE Ratio among Building Materials companies is 13.24, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tipco Asphalt PCL's current Forward PE Ratio of 14.49 is 9.4% above 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Forward PE Ratio is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Forward PE Ratio is 14.49. 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?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Forward PE Ratio of 14.49. The stock's GF Value™ is ฿13.42, compared to a current price of ฿13.09 — trading 2.5% below its estimated fair value. The current Forward PE Ratio is 14.49 and 9.4% above the Building Materials industry median of 13.24. Tipco Asphalt PCL's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Tipco Asphalt PCL (BKK:TASCO-R), the current Forward PE Ratio is 14.49 as of Jul. 01, 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 undervalued.
The current stock price of ฿13.09 is trading 2.5% below its estimated GF Value™ of ฿13.42.
Key valuation signals for BKK:TASCO-R:
Forward PE Ratio: 14.49
GF Value™: ฿13.42 vs. price of ฿13.09 (2.5% below fair value)
Industry Position: 9.4% above the Building Materials median (#90 of 157)
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.
80GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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