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TOA Paint (Thailand) PCL (BKK:TOA-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 .
TOA Paint (Thailand) PCL Forward PE Ratio Related Terms
TOA Paint (Thailand) PCL Forward PE Ratio Historical Data
* 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.
TOA Paint (Thailand) PCL Forward PE Ratio Chart
TOA Paint (Thailand) PCL Annual Data
Trend
2022-12
2024-12
2025-12
Forward PE Ratio
30.77
11.48
8.25
TOA Paint (Thailand) 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
2026-06
Forward PE Ratio
31.06
30.77
29.41
26.39
21.41
11.48
8.90
10.14
10.22
8.25
7.98
9.45
BKK:TOA-R vs LIN, SHW, ECL: Forward PE Ratio Comparison
For the Specialty Chemicals subindustry, TOA Paint (Thailand) 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.
TOA Paint (Thailand) PCL Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TOA Paint (Thailand) PCL's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where TOA Paint (Thailand) PCL's Forward PE Ratio falls into.
TOA Paint (Thailand) PCL Forward PE Ratio Calculation
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.
TOA Paint (Thailand) PCL (BKK:TOA-R) has a Forward PE Ratio of 9.45 as of Aug. 30, 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 TOA Paint (Thailand) PCL and its competitors. According to the industry distribution chart, TOA Paint (Thailand) PCL ranks #103 out of 662 companies in the Chemicals industry, placing it in the top 15.6%.
Is TOA Paint (Thailand) PCL's Forward PE Ratio too high?
TOA Paint (Thailand) PCL's current Forward PE Ratio is 9.45. The Chemicals industry median Forward PE Ratio is 18.54. TOA Paint (Thailand) PCL's value of 9.45 is 49% below this industry median. Based on the distribution chart, TOA Paint (Thailand) PCL ranks #103 out of 662 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, TOA Paint (Thailand) PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOA Paint (Thailand) PCL's Forward PE Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOA Paint (Thailand) PCL ranks #103 out of 662 companies for Forward PE Ratio. This places TOA Paint (Thailand) PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 18.54. TOA Paint (Thailand) PCL's value of 9.45 is 49% below 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 Chemicals company?
The median Forward PE Ratio among Chemicals companies is 18.54, based on 662 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. TOA Paint (Thailand) PCL's current Forward PE Ratio of 9.45 is 49% 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 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 TOA Paint (Thailand) PCL and its competitors. For the Chemicals industry, the median Forward PE Ratio is 18.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOA Paint (Thailand) PCL's current Forward PE Ratio is 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOA Paint (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL (BKK:TOA-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿13.39, compared to a current price of ฿15.20 — trading 13.5% above its estimated fair value. The current Forward PE Ratio is 9.45 and 49% below the Chemicals industry median of 18.54. TOA Paint (Thailand) PCL's overall GF Score™ is 88/100 with 2 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 TOA Paint (Thailand) PCL (BKK:TOA-R), the current Forward PE Ratio is 9.45 as of Aug. 30, 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 TOA Paint (Thailand) PCL (BKK:TOA-R) Overvalued in 2026?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿15.20 is trading 13.5% above its estimated GF Value™ of ฿13.39.
GuruFocus considers TOA Paint (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:TOA-R:
Forward PE Ratio: 9.45
GF Value™: ฿13.39 vs. price of ฿15.20 (13.5% above fair value)
Industry Position: 49% below the Chemicals median (#103 of 662)
No single metric tells the full story. See the BKK:TOA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOA Paint (Thailand) PCL is principally engaged in the manufacture and distribution of paints and chemicals. Its product types are decorative coatings, wood coatings, construction chemicals, heavy-duty coatings, special paint, and hardware and power tools. The company generates a majority of its revenue from Thailand.
88GF Score
Get the complete analysis for BKK:TOA-R
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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