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Thai BeverageTBVPF 60 Forward PE Ratio is 9.59 as of Jul. 14, 2026. GuruFocus rates TBVPF with a GF Score™ of 60/100 and a GF Value™ of $0.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 107 Beverages - Alcoholic companies, Thai Beverage ranks better than 82.24% on this metric.
Thai Beverage (OTCPK:TBVPF) 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 .
Thai Beverage Forward PE Ratio Related Terms
Thai Beverage Forward PE Ratio Historical Data
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The historical data trend for Thai Beverage'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.
Thai Beverage Forward PE Ratio Chart
Thai Beverage Annual Data
Trend
2017-09
2018-09
2019-09
2020-09
2021-09
2022-09
2023-09
2024-09
2025-09
Forward PE Ratio
21.37
16.23
19.19
13.81
13.99
14.06
12.80
10.34
9.36
Thai Beverage Semi-Annual Data
2017-03
2017-09
2018-03
2018-09
2019-03
2019-09
2020-03
2020-09
2021-03
2021-09
2022-03
2022-09
2023-03
2023-09
2024-03
2024-09
2025-03
2025-09
2026-03
Forward PE Ratio
23.87
21.37
18.73
16.23
20.66
19.19
12.50
13.81
16.13
13.99
16.37
14.06
13.57
12.80
11.85
10.34
11.28
9.36
10.04
TBVPF vs BF.B: Forward PE Ratio Comparison
For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.
Thai Beverage Forward PE Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Thai Beverage'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.
Thai Beverage (TBVPF) has a Forward PE Ratio of 9.59 as of Jul. 14, 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 Thai Beverage and its competitors. According to the industry distribution chart, Thai Beverage ranks #19 out of 107 companies in the Beverages - Alcoholic industry, placing it in the top 17.8%.
Is Thai Beverage's Forward PE Ratio too high?
Thai Beverage's current Forward PE Ratio is 9.59. The Beverages - Alcoholic industry median Forward PE Ratio is 14.75. Thai Beverage's value of 9.59 is 35% below this industry median. Based on the distribution chart, Thai Beverage ranks #19 out of 107 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Beverage has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Beverage's Forward PE Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Thai Beverage ranks #19 out of 107 companies for Forward PE Ratio. This places Thai Beverage in the top 18% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 14.75. Thai Beverage's value of 9.59 is 35% 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 Beverages - Alcoholic company?
The median Forward PE Ratio among Beverages - Alcoholic companies is 14.75, based on 107 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. Thai Beverage's current Forward PE Ratio of 9.59 is 35% 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 Thai Beverage and its competitors. For the Beverages - Alcoholic industry, the median Forward PE Ratio is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current Forward PE Ratio is 9.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Beverage stock overvalued right now?
Based on GuruFocus' analysis, Thai Beverage (TBVPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.40, compared to a current price of $0.34 — trading 16.1% below its estimated fair value. The current Forward PE Ratio is 9.59 and 35% below the Beverages - Alcoholic industry median of 14.75. Thai Beverage's overall GF Score™ is 60/100 with 3 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 Thai Beverage (TBVPF), the current Forward PE Ratio is 9.59 as of Jul. 14, 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 Thai Beverage (TBVPF) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Beverage stock appears to be undervalued.
The current stock price of $0.34 is trading 16.1% below its estimated GF Value™ of $0.40.
GuruFocus considers Thai Beverage to be Modestly Undervalued.
Key valuation signals for TBVPF:
Forward PE Ratio: 9.59
GF Value™: $0.40 vs. price of $0.34 (16.1% below fair value)
Industry Position: 35% below the Beverages - Alcoholic median (#19 of 107)
No single metric tells the full story. See the TBVPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segments include Spirits; production and sales of branded spirits products and soda. Beer: production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairy products. Food: restaurants and distribution of food and beverages; and Others: publishing and printing. Key revenue is generated from Beer. It operates in Thailand, which generates the majority of revenue, Vietnam, Malaysia, Myanmar, Singapore and others.
60GF Score
Get the complete analysis for TBVPF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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