TMBThanachart Bank PCL (OTCPK:TMBBY) 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 .
TMBThanachart Bank PCL Forward PE Ratio Related Terms
TMBThanachart Bank PCL Forward PE Ratio Historical Data
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The historical data trend for TMBThanachart Bank 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.
TMBThanachart Bank PCL Forward PE Ratio Chart
TMBThanachart Bank PCL Annual Data
Trend
2019-12
2020-12
2024-12
2025-12
Forward PE Ratio
8.75
11.90
5.78
5.49
TMBThanachart Bank PCL Quarterly Data
2018-03
2019-06
2019-12
2020-03
2020-06
2020-12
2021-03
2021-06
2021-09
2022-06
2023-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
11.66
7.56
8.75
11.81
13.30
11.90
11.35
11.60
9.09
11.15
7.16
5.78
5.61
5.63
5.45
5.49
5.27
TMBThanachart Bank PCL Forward PE Ratio Competitor Comparison
For the Banks - Regional subindustry, TMBThanachart Bank 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.
TMBThanachart Bank PCL Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, TMBThanachart Bank PCL's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where TMBThanachart Bank PCL's Forward PE Ratio falls into.
TMBThanachart Bank 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.
TMBThanachart Bank PCL (TMBBY) has a Forward PE Ratio of 5.44 as of Jul. 11, 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 TMBThanachart Bank PCL and its competitors. According to the industry distribution chart, TMBThanachart Bank PCL ranks #527 out of 816 companies in the Banks industry, placing it in the top 64.6%.
Is TMBThanachart Bank PCL's Forward PE Ratio too high?
TMBThanachart Bank PCL's current Forward PE Ratio is 5.44. The Banks industry median Forward PE Ratio is 11.00. TMBThanachart Bank PCL's value of 5.44 is 50.5% below this industry median. Based on the distribution chart, TMBThanachart Bank PCL ranks #527 out of 816 companies in the Banks industry, which is below the industry midpoint. Overall, TMBThanachart Bank PCL has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does TMBThanachart Bank PCL's Forward PE Ratio compare to competitors?
According to the Banks industry distribution chart, TMBThanachart Bank PCL ranks #527 out of 816 companies for Forward PE Ratio. This places TMBThanachart Bank PCL in the lower half of its industry. The industry median Forward PE Ratio is 11.00. TMBThanachart Bank PCL's value of 5.44 is 50.5% 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.00, based on 816 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. TMBThanachart Bank PCL's current Forward PE Ratio of 5.44 is 50.5% 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 TMBThanachart Bank PCL and its competitors. For the Banks industry, the median Forward PE Ratio is 11.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMBThanachart Bank PCL's current Forward PE Ratio is 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMBThanachart Bank PCL stock overvalued right now?
TMBThanachart Bank PCL (TMBBY) has a current Forward PE Ratio of 5.44. The stock's GF Value™ is $5.93, compared to a current price of $9.05 — trading 52.6% above its estimated fair value. The current Forward PE Ratio is 5.44 and 50.5% below the Banks industry median of 11.00. TMBThanachart Bank PCL's overall GF Score™ is 52/100 with 8 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 TMBThanachart Bank PCL (TMBBY), the current Forward PE Ratio is 5.44 as of Jul. 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 TMBThanachart Bank PCL (TMBBY) Overvalued in 2026?
Based on GuruFocus' analysis, TMBThanachart Bank PCL stock appears to be overvalued.
The current stock price of $9.05 is trading 52.6% above its estimated GF Value™ of $5.93.
Key valuation signals for TMBBY:
Forward PE Ratio: 5.44
GF Value™: $5.93 vs. price of $9.05 (52.6% above fair value)
Industry Position: 50.5% below the Banks median (#527 of 816)
No single metric tells the full story. See the TMBBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMBThanachart Bank PCL is a Thailand-based company that is principally engaged in banking. The company operates in two reportable segments retail and commercial banking. Retail banking provides customers with services such as deposits, loans, and credit cards. Commercial banking provides lending, deposit, and management services to wholesale, small, and midsize businesses. The company has maximum revenue from Retail Banking. The company's business operations are concentrated in Thailand.
52GF Score
Get the complete analysis for TMBBY
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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