Krung Thai Bank PCL (BKK:KTB-R) Shiller PE Ratio: 17.33 (As of Sep. 03, 2026) — 122% Above Median

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BKK:KTB-R Krung Thai Bank PCL BKK:KTB-R
45 GF Score
Price ฿43.50
GF Value ฿19.71
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Krung Thai Bank PCL Shiller PE Ratio?

Krung Thai Bank PCL BKK:KTB-R +0.66% 45 Shiller PE Ratio is 17.33 as of Sep. 03, 2026, which is 122% above its 10-year median of 7.80. GuruFocus rates BKK:KTB-R with a GF Score™ of 45/100 and a GF Value™ of ฿19.71 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,239 Banks companies, Krung Thai Bank PCL ranks worse than 63.36% on this metric.

As of today (2026-09-03), Krung Thai Bank PCL's current share price is ฿43.50211. Krung Thai Bank PCL's E10 for the quarter that ended in Jun. 2026 was ฿2.51. Krung Thai Bank PCL's Shiller PE Ratio for today is 17.33.

The historical rank and industry rank for Krung Thai Bank PCL's Shiller PE Ratio or its related term are showing as below:

BKK:KTB-R' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.01   Med: 7.8   Max: 16.61
Current: 15.96

During the past years, Krung Thai Bank PCL's highest Shiller PE Ratio was 16.61. The lowest was 4.01. And the median was 7.80.

BKK:KTB-R's Shiller PE Ratio is ranked worse than
63.36% of 1239 companies
in the Banks industry
Industry Median: 13.82 vs BKK:KTB-R: 15.96

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.

Krung Thai Bank PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿0.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿2.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krung Thai Bank PCL  (BKK:KTB-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.


Krung Thai Bank PCL Shiller PE Ratio Related Terms


Krung Thai Bank PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Krung Thai Bank 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.

Krung Thai Bank PCL Shiller PE Ratio Chart

Krung Thai Bank 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 5.88 7.45 7.68 8.47 10.81

Krung Thai Bank 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 8.39 9.50 10.81 13.07 14.02

Krung Thai Bank PCL Shiller PE Ratio Competitor Comparison

For the Banks - Regional subindustry, Krung Thai Bank 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.


Krung Thai Bank PCL Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Krung Thai Bank PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Krung Thai Bank PCL's Shiller PE Ratio falls into.


BKK:KTB-R
45GF Score
Krung Thai Bank PCL BKK:KTB-R
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krung Thai Bank 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.

Krung Thai Bank PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=43.50211/2.51
=17.33

* 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.

Krung Thai Bank PCL's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Krung Thai Bank 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)
=0.87/333.9520*333.9520
=0.870

Current CPI (Jun. 2026) = 333.9520.

Krung Thai Bank PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.620 241.428 0.858
201612 0.530 241.432 0.733
201703 0.610 243.801 0.836
201706 0.230 244.955 0.314
201709 0.420 246.819 0.568
201712 0.344 246.524 0.466
201803 0.490 249.554 0.656
201806 0.550 251.989 0.729
201809 0.560 252.439 0.741
201812 0.440 251.233 0.585
201903 0.520 254.202 0.683
201906 0.580 256.143 0.756
201909 0.450 256.759 0.585
201912 0.530 256.974 0.689
202003 0.460 258.115 0.595
202006 0.270 257.797 0.350
202009 0.220 260.280 0.282
202012 0.247 260.474 0.317
202103 0.400 264.877 0.504
202106 0.430 271.696 0.529
202109 0.360 274.310 0.438
202112 0.350 278.802 0.419
202203 0.630 287.504 0.732
202206 0.600 296.311 0.676
202209 0.600 296.808 0.675
202212 0.580 296.797 0.653
202303 0.720 301.836 0.797
202306 0.730 305.109 0.799
202309 0.740 307.789 0.803
202312 0.437 306.746 0.476
202403 0.840 312.332 0.898
202406 0.840 314.175 0.893
202409 0.840 315.301 0.890
202412 0.780 315.605 0.825
202503 0.840 319.799 0.877
202506 0.800 322.561 0.828
202509 1.050 324.800 1.080
202512 0.770 324.054 0.794
202603 0.890 330.213 0.900
202606 0.870 333.952 0.870

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 17.33 mean?
Krung Thai Bank PCL (BKK:KTB-R) has a Shiller PE Ratio of 17.33 as of Sep. 03, 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 Krung Thai Bank PCL and its competitors. This is 122% above median its historical median of 7.80. Over the past decade, Krung Thai Bank PCL's Shiller PE Ratio has ranged from 4.01 to 16.61. According to the industry distribution chart, Krung Thai Bank PCL ranks #785 out of 1239 companies in the Banks industry, placing it in the top 63.4%.
Is Krung Thai Bank PCL's Shiller PE Ratio too high?
Krung Thai Bank PCL's current Shiller PE Ratio of 17.33 is 122% above median its 10-year median of 7.80. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 16.61. The Banks industry median Shiller PE Ratio is 13.82. Krung Thai Bank PCL's value of 17.33 is 25.4% above this industry median. Based on the distribution chart, Krung Thai Bank PCL ranks #785 out of 1239 companies in the Banks industry, which is below the industry midpoint. Overall, Krung Thai Bank PCL has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Krung Thai Bank PCL's Shiller PE Ratio compare to competitors?
According to the Banks industry distribution chart, Krung Thai Bank PCL ranks #785 out of 1239 companies for Shiller PE Ratio. This places Krung Thai Bank PCL in the lower half of its industry. The industry median Shiller PE Ratio is 13.82. Krung Thai Bank PCL's value of 17.33 is 25.4% above this benchmark. Historically, Krung Thai Bank PCL's own Shiller PE Ratio has ranged from 4.01 to 16.61 over the past decade. While the company's 10-year median is 7.80 vs. the industry median of 13.82, Krung Thai Bank PCL has consistently been above 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 Banks company?
The median Shiller PE Ratio among Banks companies is 13.82, based on 1,239 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. Krung Thai Bank PCL's current Shiller PE Ratio of 17.33 is 25.4% above 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 Krung Thai Bank PCL and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krung Thai Bank PCL's current Shiller PE Ratio is 17.33, which is 122% above median its own 10-year median of 7.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krung Thai Bank PCL stock overvalued right now?
Based on GuruFocus' analysis, Krung Thai Bank PCL (BKK:KTB-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿19.71, compared to a current price of ฿43.50 — trading 120.7% above its estimated fair value. The current Shiller PE Ratio is 17.33, which is 122% above median its 10-year median of 7.80 and 25.4% above the Banks industry median of 13.82. Krung Thai Bank PCL's overall GF Score™ is 45/100 with 7 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 Krung Thai Bank PCL (BKK:KTB-R), the current Shiller PE Ratio is 17.33 as of Sep. 03, 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 Krung Thai Bank PCL (BKK:KTB-R) Overvalued in 2026?

Based on GuruFocus' analysis, Krung Thai Bank PCL stock appears to be overvalued. The current stock price of ฿43.50 is trading 120.7% above its estimated GF Value™ of ฿19.71. GuruFocus considers Krung Thai Bank PCL to be Significantly Overvalued.

Key valuation signals for BKK:KTB-R:

  • Shiller PE Ratio: 17.33 (122% above median its 10-year median of 7.80)
  • GF Value™: ฿19.71 vs. price of ฿43.50 (120.7% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 25.4% above the Banks median (#785 of 1239)

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


Krung Thai Bank PCL Business Description

Address 35 Sukhumvit Road, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110
Krung Thai Bank PCL is a commercial bank in Thailand conducting its business through a nationwide branch network and in certain centers of the world. The company operates in the following reportable segments: Retail banking, Corporate banking, and Treasury and investments. Maximum revenue is generated from its Retail banking segment, which develops financial products and services and also provides services for individual customers relating to deposits, loans, payment for goods and services, and others. The Corporate Banking segment provides credit facilities and financial services to corporate clients, and the Treasury and Investments segment controls the bank's financial structure and manages its equity investments, international business, and excess liquidity.
45GF Score

Get the complete analysis for BKK:KTB-R

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

฿43.50
Price
฿19.71
GF Value