Forth Smart Service PCL (BKK:FSMART) Shiller PE Ratio: 10.14 (As of Aug. 19, 2026) — Near Median

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BKK:FSMART Forth Smart Service PCL BKK:FSMART
70 GF Score
Price ฿7.50
GF Value ฿6.54
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Forth Smart Service PCL Shiller PE Ratio?

Forth Smart Service PCL BKK:FSMART -1.32% 70 Shiller PE Ratio is 10.14 as of Aug. 19, 2026, which is 1% above its 10-year median of 10.00. GuruFocus rates BKK:FSMART with a GF Score™ of 70/100 and a GF Value™ of ฿6.54 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 217 Telecommunication Services companies, Forth Smart Service PCL ranks better than 78.34% on this metric.

As of today (2026-08-19), Forth Smart Service PCL's current share price is ฿7.50. Forth Smart Service PCL's E10 for the quarter that ended in Jun. 2026 was ฿0.74. Forth Smart Service PCL's Shiller PE Ratio for today is 10.14.

The historical rank and industry rank for Forth Smart Service PCL's Shiller PE Ratio or its related term are showing as below:

BKK:FSMART' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.41   Med: 10   Max: 17.1
Current: 10.31

During the past years, Forth Smart Service PCL's highest Shiller PE Ratio was 17.10. The lowest was 7.41. And the median was 10.00.

BKK:FSMART's Shiller PE Ratio is ranked better than
78.34% of 217 companies
in the Telecommunication Services industry
Industry Median: 17.98 vs BKK:FSMART: 10.31

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Forth Smart Service PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forth Smart Service PCL  (BKK:FSMART) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Forth Smart Service PCL Shiller PE Ratio Related Terms


Forth Smart Service PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Forth Smart Service PCL's Shiller 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.

Forth Smart Service PCL Shiller PE Ratio Chart

Forth Smart Service PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 12.01 12.19 9.14

Forth Smart Service PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.19 12.94 9.14 8.66 9.70

BKK:FSMART vs VZ, TMUS, T: Shiller PE Ratio Comparison

For the Telecom Services subindustry, Forth Smart Service PCL's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Forth Smart Service PCL Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forth Smart Service PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Forth Smart Service PCL's Shiller PE Ratio falls into.


BKK:FSMART
70GF Score
Forth Smart Service PCL BKK:FSMART
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forth Smart Service PCL Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Forth Smart Service PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.50/0.74
=10.14

* 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.

Forth Smart Service PCL's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Forth Smart Service PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.18/333.9520*333.9520
=0.180

Current CPI (Jun. 2026) = 333.9520.

Forth Smart Service PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.130 241.428 0.180
201612 0.166 241.432 0.230
201703 0.160 243.801 0.219
201706 0.180 244.955 0.245
201709 0.180 246.819 0.244
201712 0.150 246.524 0.203
201803 0.180 249.554 0.241
201806 0.190 251.989 0.252
201809 0.190 252.439 0.251
201812 0.180 251.233 0.239
201903 0.190 254.202 0.250
201906 0.190 256.143 0.248
201909 0.180 256.759 0.234
201912 0.187 256.974 0.243
202003 0.160 258.115 0.207
202006 0.140 257.797 0.181
202009 0.160 260.280 0.205
202012 0.143 260.474 0.183
202103 0.150 264.877 0.189
202106 0.150 271.696 0.184
202109 0.130 274.310 0.158
202112 0.107 278.802 0.128
202203 0.110 287.504 0.128
202206 0.110 296.311 0.124
202209 0.110 296.808 0.124
202212 0.070 296.797 0.079
202303 0.100 301.836 0.111
202306 0.100 305.109 0.109
202309 0.090 307.789 0.098
202312 0.104 306.746 0.113
202403 0.120 312.332 0.128
202406 0.130 314.175 0.138
202409 0.150 315.301 0.159
202412 0.160 315.605 0.169
202503 0.200 319.799 0.209
202506 0.210 322.561 0.217
202509 0.190 324.800 0.195
202512 0.184 324.054 0.190
202603 0.180 330.213 0.182
202606 0.180 333.952 0.180

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 10.14 mean?
Forth Smart Service PCL (BKK:FSMART) has a Shiller PE Ratio of 10.14 as of Aug. 19, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Forth Smart Service PCL and its competitors. This is near median its historical median of 10.00. Over the past decade, Forth Smart Service PCL's Shiller PE Ratio has ranged from 7.41 to 17.10. According to the industry distribution chart, Forth Smart Service PCL ranks #47 out of 217 companies in the Telecommunication Services industry, placing it in the top 21.7%.
Is Forth Smart Service PCL's Shiller PE Ratio too high?
Forth Smart Service PCL's current Shiller PE Ratio of 10.14 is near median its 10-year median of 10.00. Over the past 10 years, this metric has ranged from a low of 7.41 to a high of 17.10. The Telecommunication Services industry median Shiller PE Ratio is 17.98. Forth Smart Service PCL's value of 10.14 is 43.6% below this industry median. Based on the distribution chart, Forth Smart Service PCL ranks #47 out of 217 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Forth Smart Service PCL has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forth Smart Service PCL's Shiller PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Forth Smart Service PCL ranks #47 out of 217 companies for Shiller PE Ratio. This places Forth Smart Service PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 17.98. Forth Smart Service PCL's value of 10.14 is 43.6% below this benchmark. Historically, Forth Smart Service PCL's own Shiller PE Ratio has ranged from 7.41 to 17.10 over the past decade. While the company's 10-year median is 10.00 vs. the industry median of 17.98, Forth Smart Service 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 Shiller PE Ratio for a Telecommunication Services company?
The median Shiller PE Ratio among Telecommunication Services companies is 17.98, based on 217 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth Smart Service PCL's current Shiller PE Ratio of 10.14 is 43.6% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Forth Smart Service PCL and its competitors. For the Telecommunication Services industry, the median Shiller PE Ratio is 17.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth Smart Service PCL's current Shiller PE Ratio is 10.14, which is near median its own 10-year median of 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth Smart Service PCL stock overvalued right now?
Based on GuruFocus' analysis, Forth Smart Service PCL (BKK:FSMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.54, compared to a current price of ฿7.50 — trading 14.7% above its estimated fair value. The current Shiller PE Ratio is 10.14, which is near median its 10-year median of 10.00 and 43.6% below the Telecommunication Services industry median of 17.98. Forth Smart Service PCL's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Forth Smart Service PCL (BKK:FSMART), the current Shiller PE Ratio is 10.14 as of Aug. 19, 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 Forth Smart Service PCL (BKK:FSMART) Overvalued in 2026?

Based on GuruFocus' analysis, Forth Smart Service PCL stock appears to be overvalued. The current stock price of ฿7.50 is trading 14.7% above its estimated GF Value™ of ฿6.54. GuruFocus considers Forth Smart Service PCL to be Modestly Overvalued.

Key valuation signals for BKK:FSMART:

  • Shiller PE Ratio: 10.14 (near median its 10-year median of 10.00)
  • GF Value™: ฿6.54 vs. price of ฿7.50 (14.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 43.6% below the Telecommunication Services median (#47 of 217)

No single metric tells the full story. See the BKK:FSMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forth Smart Service PCL Business Description

Address 256 Paholyothin Road, Samsennai, Phaya Thai District, Bangkok, THA, 10400
Forth Smart Service PCL is a Thailand-based company engaged in providing prepaid mobile top-up services, money transfer services, and online payment receipt services through electronic top-up machines. The company also provides advertising services through its online top-up machine network. It operates through two reportable segments: Top-up Machine, which provides mobile top-up, payment, and related services through automated machines; and Lending, which provides personal loans and nano finance services. It generates the majority of its revenue from the Top-up machine segment.
70GF Score

Get the complete analysis for BKK:FSMART

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿7.50
Price
฿6.54
GF Value