KCE Electronics PCLBKK:KCE-R 73 Shiller PE Ratio is 12.12 as of Jul. 09, 2026, which is 44% below its 10-year median of 21.55. GuruFocus rates BKK:KCE-R with a GF Score™ of 73/100 and a GF Value™ of ฿17.32. The stock has 10 warning signs investors should review. Among 1,419 Hardware companies, KCE Electronics PCL ranks better than 67.09% on this metric.
The historical rank and industry rank for KCE Electronics PCL's Shiller PE Ratio or its related term are showing as below:
BKK:KCE-R'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.34 Med: 21.55 Max: 54.71
Current: 20.86
During the past years, KCE Electronics PCL's highest Shiller PE Ratio was 54.71. The lowest was 7.34. And the median was 21.55.
BKK:KCE-R's Shiller PE Ratio is ranked better than 67.09% of 1419
companies
in the Hardware industry
Industry Median: 32.76
vs BKK:KCE-R: 20.86
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.
KCE Electronics PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿1.98 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
KCE Electronics PCL (BKK:KCE-R) 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.
KCE Electronics PCL Shiller PE Ratio Related Terms
KCE Electronics PCL Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for KCE Electronics 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.
BKK:KCE-R vs APH, GLW, TEL: Shiller PE Ratio Comparison
For the Electronic Components subindustry, KCE Electronics 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.
KCE Electronics PCL Shiller PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, KCE Electronics PCL's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where KCE Electronics PCL's Shiller PE Ratio falls into.
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.
* 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.
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.
KCE Electronics PCL (BKK:KCE-R) has a Shiller PE Ratio of 12.12 as of Jul. 09, 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 KCE Electronics PCL and its competitors. This is 44% below median its historical median of 21.55. Over the past decade, KCE Electronics PCL's Shiller PE Ratio has ranged from 7.34 to 54.71. According to the industry distribution chart, KCE Electronics PCL ranks #467 out of 1419 companies in the Hardware industry, placing it in the top 32.9%.
Is KCE Electronics PCL's Shiller PE Ratio too high?
KCE Electronics PCL's current Shiller PE Ratio of 12.12 is 44% below median its 10-year median of 21.55. Over the past 10 years, this metric has ranged from a low of 7.34 to a high of 54.71. The Hardware industry median Shiller PE Ratio is 32.76. KCE Electronics PCL's value of 12.12 is 63% below this industry median. Based on the distribution chart, KCE Electronics PCL ranks #467 out of 1419 companies in the Hardware industry, which is above the industry midpoint. Overall, KCE Electronics PCL has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's Shiller PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #467 out of 1419 companies for Shiller PE Ratio. This puts KCE Electronics PCL in the upper half of its industry. The industry median Shiller PE Ratio is 32.76. KCE Electronics PCL's value of 12.12 is 63% below this benchmark. Historically, KCE Electronics PCL's own Shiller PE Ratio has ranged from 7.34 to 54.71 over the past decade. While the company's 10-year median is 21.55 vs. the industry median of 32.76, KCE Electronics 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 Hardware company?
The median Shiller PE Ratio among Hardware companies is 32.76, based on 1,419 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. KCE Electronics PCL's current Shiller PE Ratio of 12.12 is 63% 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 KCE Electronics PCL and its competitors. For the Hardware industry, the median Shiller PE Ratio is 32.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current Shiller PE Ratio is 12.12, which is 44% below median its own 10-year median of 21.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
KCE Electronics PCL (BKK:KCE-R) has a current Shiller PE Ratio of 12.12. The stock's GF Value™ is ฿17.32, compared to a current price of ฿24.00 — trading 38.6% above its estimated fair value. The current Shiller PE Ratio is 12.12, which is 44% below median its 10-year median of 21.55 and 63% below the Hardware industry median of 32.76. KCE Electronics PCL's overall GF Score™ is 73/100 with 10 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 KCE Electronics PCL (BKK:KCE-R), the current Shiller PE Ratio is 12.12 as of Jul. 09, 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 KCE Electronics PCL (BKK:KCE-R) Overvalued in 2026?
Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued.
The current stock price of ฿24.00 is trading 38.6% above its estimated GF Value™ of ฿17.32.
Key valuation signals for BKK:KCE-R:
Shiller PE Ratio: 12.12 (44% below median its 10-year median of 21.55)
GF Value™: ฿17.32 vs. price of ฿24.00 (38.6% above fair value)
Industry Position: 63% below the Hardware median (#467 of 1419)
No single metric tells the full story. See the BKK:KCE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
73GF Score
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